UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934
Filed
by the Registrant x
Filed
by a party other than the Registrant ¨
Check the appropriate box:
¨ |
Preliminary
Proxy Statement |
¨ |
Confidential,
for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
¨ |
Definitive
Proxy Statement |
x |
Definitive
Additional Materials |
¨ |
Soliciting Material under § 240.14a-12 |
Exela Technologies, Inc.
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement,
if other than the Registrant)
Payment of Filing Fee (Check all boxes that apply):
¨ |
Fee paid
previously with preliminary materials |
¨ |
Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 |
NOTICE OF ANNUAL MEETING OF STOCKHOLDERS TO
BE HELD JANUARY 26, 2024
Dear Stockholder:
You were recently notified that the annual meeting
of stockholders (the “Annual Meeting”) of Exela Technologies, Inc. (the “Company”) had been adjourned until
December 29, 2023. This important notice is to inform you that the Annual Meeting has been further adjourned until January 26,
2024 at 11:00 AM ET/10:00 a.m. Central Time to provide additional time for stockholders to cast their votes. The Annual Meeting
will still be held virtually at www.virtualshareholdermeeting.com/XELA2023.
This notice supplements the Notice of Annual Meeting
of Stockholders and proxy statement filed with the Securities and Exchange Commission and mailed to stockholders on or about October 26,
2023 (as amended on December 7, 2023, the “Proxy Statement”). The October 9, 2023, record date for determining stockholders
entitled to vote at the Annual Meeting remains unchanged. Other than as contained in this notice, there is no change to the Proxy Statement
or the proxy card filed therewith. The Proxy Statement sets forth additional information regarding the Annual Meeting and provides you
with detailed information regarding the business to be considered at the Annual Meeting. We encourage you to read the Proxy Statement
carefully and in its entirety. The Proxy Statement (including the supplement thereto and the proxy card) and our Annual Report on Form 10-K
for the fiscal year ended December 31, 2022 are available at www.exelatech.com and at www.proxyvote.com.
YOUR
VOTE IS VERY IMPORTANT. Stockholders who have not yet voted are encouraged to do so as soon as possible. If you have already
cast your vote by mail or via telephone or the Internet, you do not need to vote again. If you need assistance voting your shares, please
refer to the technical support telephone number posted on the virtual meeting website login page, where technicians will be available
to help you.
We appreciate your time and consideration and
your continued support.
|
Sincerely, |
|
|
|
|
|
/s/ Par Chadha |
|
|
Par Chadha |
|
|
Executive Chairman |
|
Exela Technologies Announces Adjournment of
Annual Meeting until January 26, 2024
IRVING, Texas, Dec. 29, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc.
(“Exela” or the “Company”) (NASDAQ: XELA; XELAP), a business process automation leader, today announced that it
adjourned the Annual Meeting of Stockholders held on December 29, 2023 (the "Meeting"). The Meeting will reconvene on Friday,
January 26, 2024 at 11:00 AM ET/10:00 a.m. Central Time. Due to lack of required quorum, the Meeting was adjourned, without
any business being conducted, to allow additional time for the Company’s stockholders to vote on the proposals set forth in the
Company’s definitive proxy statement, as amended, filed with the U.S. Securities and Exchange Commission. The new date will provide
additional time for shareholders to have their voices heard. The Meeting will be held online at www.virtualshareholdermeeting.com/XELA2023.
The Company urges all stockholders to exercise their right to vote
their shares by proxy TODAY. A proxy card with instructions was mailed to all registered stockholders holding shares as of the close
of business on October 9, 2023, the record date for the Meeting. The methods for voting and submitting proxies are described in
the previously distributed proxy materials for the Meeting. Stockholders of the Company who previously submitted their proxy or otherwise
voted and who do not want to change their vote do not need to take any action. No changes have been made in the proposals to be voted
on by stockholders at the Meeting. Proxy information is here: https://www.sec.gov/Archives/edgar/data/1620179/000110465923111798/tm2328451-5_def14a.htm.
The Company asks that all stockholders vote their proxy, no matter
how many shares they own. Each stockholder can vote his or her proxy by following the easy instructions on the proxy card.
If you hold shares at Robinhood, look for an alert in your Robinhood
app or online. For most other shareholders, look for an email from proxyvote.com.
For more Exela news, commentary, and industry perspectives, visit:
https://investors.exelatech.com/
And please follow us on social:
Twitter: https://twitter.com/exelatech
LinkedIn: https://www.linkedin.com/company/exela-technologies
Facebook: https://www.facebook.com/exelatechnologies/
Instagram: https://www.instagram.com/exelatechnologies
The information posted on the Company's website and/or via its social
media accounts may be deemed material to investors. Accordingly, investors, media and others interested in the Company should monitor
the Company's website and its social media accounts in addition to the Company's press releases, SEC filings and public conference calls
and webcasts.
Additional Information and Where to Find It
This communication may be deemed solicitation material in respect
of the Meeting. This communication does not constitute a solicitation of any vote or approval. In connection with the Meeting, the Company
has filed with the Securities and Exchange Commission (the “SEC”) and has mailed or otherwise provided to its stockholders
a proxy statement regarding the business to be conducted at the Meeting. The Company may also file other documents with the SEC regarding
the business to be conducted at the Meeting. This document is not a substitute for the proxy statement or any other document that may
be filed by the Company with the SEC.
BEFORE MAKING ANY VOTING DECISION, THE COMPANY’S STOCKHOLDERS
ARE URGED TO READ THE PROXY STATEMENT AND ANY SUPPLEMENTS THERETO IN ITS ENTIRETY AND ANY OTHER DOCUMENTS FILED BY THE COMPANY WITH THE
SEC IN CONNECTION WITH THE BUSINESS TO BE CONDUCTED AT THE MEETING BEFORE MAKING ANY VOTING OR INVESTMENT DECISION WITH RESPECT TO THE
BUSINESS TO BE CONDUCTED AT THE MEETING BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS TO BE CONDUCTED AT THE MEETING.
Stockholders may obtain a free copy of the proxy statement and
other documents the Company files with the SEC (when available) through the website maintained by the SEC at www.sec.gov. The
Company makes available free of charge on its investor relations website at https://investors.exelatech.com/news-and-events/presentations
copies of materials it files with, or furnishes to, the SEC.
Participants in the Solicitation
The Company and its directors, executive officers and certain employees
and other persons may be deemed to be participants in the solicitation of proxies from the Company’s stockholders in connection
with the business to be conducted at the Meeting. Security holders may obtain information regarding the names, affiliations and interests
of the Company’s directors and executive officers in the Proxy Statement. To the extent the holdings of the Company’s securities
by the Company’s directors and executive officers have changed since the amounts set forth in the Proxy Statement, such changes
have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC.
About Exela Technologies
Exela Technologies is a business process automation (BPA) leader,
leveraging a global footprint and proprietary technology to provide digital transformation solutions enhancing quality, productivity,
and end-user experience. With decades of experience operating mission-critical processes, Exela serves a growing roster of more
than 4,000 customers throughout 50 countries, including over 60% of the Fortune® 100. Utilizing foundational technologies spanning
information management, workflow automation, and integrated communications, Exela’s software and services include multi-industry,
departmental solution suites addressing finance and accounting, human capital management, and legal management, as well as industry-specific
solutions for banking, healthcare, insurance, and the public sector. Through cloud-enabled platforms, built on a configurable stack of
automation modules, and approximately 15,400 employees operating in 21 countries, Exela rapidly deploys integrated technology
and operations as an end-to-end digital journey partner.
Forward-Looking Statements
Certain statements included in this press release are not historical
facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act
of 1995. Forward-looking statements generally are accompanied by words such as "may", "should", "would",
"plan", "intend", "anticipate", "believe", "estimate", "predict", "potential",
"seem", "seek", "continue", "future", "will", "expect", "outlook"
or other similar words, phrases or expressions. These forward-looking statements include statements regarding our industry, future events,
estimated or anticipated future results and benefits, future opportunities for Exela, and other statements that are not historical facts.
These statements are based on the current expectations of Exela management and are not predictions of actual performance. These statements
are subject to a number of risks and uncertainties, including without limitation those discussed under the heading "Risk Factors"
in Exela's Annual Report on Form 10-K and other securities filings. In addition, forward-looking statements provide Exela's expectations,
plans or forecasts of future events and views as of the date of this communication. Exela anticipates that subsequent events and developments
will cause Exela's assessments to change. These forward-looking statements should not be relied upon as representing Exela's assessments
as of any date subsequent to the date of this press release.
Investor and/or Media Contacts:
Vincent Kondaveeti
E: vincent.kondaveeti@exelatech.com
Mary Beth Benjamin
E: IR@exelatech.com
Exela Technologies (NASDAQ:XELA)
Historical Stock Chart
From Sep 2024 to Oct 2024
Exela Technologies (NASDAQ:XELA)
Historical Stock Chart
From Oct 2023 to Oct 2024