Filing Details
- Accession Number:
- 0001104659-19-057496
- Form Type:
- 13D Filing
- Publication Date:
- 2019-10-30 06:58:29
- Filed By:
- Hovs Llc
- Company:
- Exela Technologies Inc. (NASDAQ:XELA)
- Filing Date:
- 2019-10-30
- SEC Url:
- 13D Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
HandsOn Global Management | 0 | 80,526,054 | 0 | 1,250,000 | 80,526,054 | 52.4% |
Par Chadha | 0 | 80,526,054 | 150,142 | 76,460,365 | 80,526,054 | 52.4% |
HOF | 0 | 74,792,421 | 0 | 74,792,421 | 74,792,421 | 48.8% |
HOVS | 0 | 74,764,907 | 0 | 74,764,907 | 74,764,907 | 48.7% |
HOV Services Ltd | 0 | 74,764,907 | 0 | 74,764,907 | 74,764,907 | 48.7% |
Adesi | 0 | 74,723,635 | 0 | 74,723,635 | 74,723,635 | 48.7% |
HandsOn Fund | 0 | 74,558,549 | 0 | 74,558,549 | 74,558,549 | 48.6% |
HOV Capital III | 0 | 74,558,549 | 0 | 74,558,549 | 74,558,549 | 48.6% |
Ex-Sigma | 0 | 74,558,549 | 0 | 74,558,549 | 74,558,549 | 48.6% |
Ex-Sigma | 0 | 74,558,549 | 0 | 74,558,549 | 74,558,549 | 48.6% |
Surinder Rametra | 0 | 412,716 | 412,716 | 0 | 412,716 | 0.3% |
Pidgin Associates | 0 | 288,901 | 288,901 | 0 | 288,901 | 0.2% |
SoNino | 0 | 247,630 | 247,630 | 0 | 247,630 | 0.2% |
Beigam Trust | 0 | 247,630 | 247,630 | 0 | 247,630 | 0.2% |
Ron Cogburn | 0 | 198,757 | 198,757 | 0 | 198,757 | 0.1% |
Shadow Pond | 0 | 178,844 | 178,844 | 0 | 178,844 | 0.1% |
SunRaj | 0 | 110,058 | 110,058 | 0 | 110,058 | 0.1% |
Rifles Trust | 0 | 82,543 | 82,543 | 0 | 82,543 | 0.1% |
Andrej Jonovic | 0 | 71,272 | 71,272 | 0 | 71,272 | 0% |
HandsOn 3 | 0 | 46,500 | 0 | 46,500 | 46,500 | 0% |
Kanwar Chadha | 0 | 13,757 | 13,757 | 0 | 13,757 | 0% |
CUSIP No. 30162V102 |
SCHEDULE 13D
| UNITED STATES |
|
| SECURITIES AND EXCHANGE COMMISSION |
|
| Washington, D.C. 20549 |
|
|
|
|
| SCHEDULE 13D |
|
Under the Securities Exchange Act of 1934
(Amendment No. 7)*
Exela Technologies, Inc.
(Name of Issuer)
Common Stock, par value $0.0001 per share
(Title of Class of Securities)
30162V102
(CUSIP Number)
Andrej Jonovic
HandsOn Global Management
8550 West Desert Inn Road, Suite 102-452
Las Vegas, Nevada 89117
424-268-8900
With a copy to:
Maurice M. Lefkort
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, New York 10019
212-728-8000
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
October 23, 2019
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this statement on Schedule 13D (this Schedule 13D), and is filing this schedule 13D because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons HandsOn Global Management LLC | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q, plus 3,263,473 shares of Common Stock issuable upon conversion of Preferred Stock of the Issuer held by Ex-Sigma 2, LLC, plus 430,698 shares of Common Stock issuable upon settlement of restricted stock units held by the Reporting Persons.
2
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons Par Chadha | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q, plus 3,263,473 shares of Common Stock issuable upon conversion of Preferred Stock of the Issuer held by Ex-Sigma 2, LLC, plus 430,698 shares of Common Stock issuable upon settlement of restricted stock units held by the Reporting Persons.
3
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons HOF 2 LLC | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q, plus 3,263,473 shares of Common Stock issuable upon conversion of Preferred Stock of the Issuer held by Ex-Sigma 2, LLC.
4
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons HOVS LLC | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q, plus 3,263,473 shares of Common Stock issuable upon conversion of Preferred Stock of the Issuer held by Ex-Sigma 2, LLC.
5
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons HOV Services Ltd | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q, plus 3,263,473 shares of Common Stock issuable upon conversion of Preferred Stock of the Issuer held by Ex-Sigma 2, LLC.
6
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons Adesi 234 LLC | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q, plus 3,263,473 shares of Common Stock issuable upon conversion of Preferred Stock of the Issuer held by Ex-Sigma 2, LLC.
7
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons HandsOn Fund 4 I LLC | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q, plus 3,263,473 shares of Common Stock issuable upon conversion of Preferred Stock of the Issuer held by Ex-Sigma 2, LLC.
8
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons HOV Capital III LLC | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q, plus 3,263,473 shares of Common Stock issuable upon conversion of Preferred Stock of the Issuer held by Ex-Sigma 2, LLC.
9
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons Ex-Sigma 2 LLC | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q, plus 3,263,473 shares of Common Stock issuable upon conversion of Preferred Stock of the Issuer held by Ex-Sigma 2, LLC.
10
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons Ex-Sigma LLC | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q, plus 3,263,473 shares of Common Stock issuable upon conversion of Preferred Stock of the Issuer held by Ex-Sigma 2, LLC.
11
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q.
12
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons Pidgin Associates LLC | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q.
13
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons SoNino LLC | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q.
14
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q.
15
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q, plus 185,000 shares of Common Stock issuable upon settlement of restricted stock units and exercise of options held by the Reporting Person.
16
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q.
17
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons SunRaj LLC | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q.
18
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q.
19
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q.
20
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q.
21
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
| |||||
| 1 | Name of Reporting Persons | |||
| |||||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
|
| (b) | o | ||
| |||||
| 3 | SEC Use Only | |||
| |||||
| 4 | Source of Funds | |||
| |||||
| 5 | Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
| |||||
| 6 | Citizenship or Place of Organization | |||
| |||||
Number of | 7 | Sole Voting Power | |||
| |||||
8 | Shared Voting Power | ||||
| |||||
9 | Sole Dispositive Power | ||||
| |||||
10 | Shared Dispositive Power | ||||
| |||||
| 11 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| |||||
| 12 | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
| |||||
| 13 | Percent of Class Represented by Amount in Row (11) | |||
| |||||
| 14 | Type of Reporting Person | |||
(1) Calculations are based upon 150,007,085 shares of Common Stock of the Issuer outstanding, as of August 5, 2019, as reported in the Issuers Form 10-Q.
22
CUSIP No. 30162V102 |
The information in this Amendment No. 7 to Schedule 13D (this Seventh Amendment or this 13D/A) amends the Schedule 13D (the Initial Schedule 13D) filed with the U.S. Securities and Exchange Commission (the SEC) by Mr. Par Chadha, HandsOn Global Management, LLC, a Delaware limited liability company (HGM), Ex-Sigma 2 LLC, a Delaware limited liability company (Ex-Sigma 2), Ex-Sigma LLC, a Delaware limited liability company (Ex-Sigma), HOVS LLC, a Delaware limited liability company (HOVS), HandsOn Fund 4 I, LLC, a Nevada limited liability company (HOF 4), HOV Capital III, LLC, a Nevada limited liability company (HOV 3), HOV Services Ltd., an Indian limited company (HOV Services), Adesi 234 LLC, a Nevada limited liability company (Adesi), HOF 2 LLC, a Nevada limited liability company (HOF 2 and together with Mr. Chadha, Ex-Sigma, Ex-Sigma 2, HGM, HOVS, HOV Services, HOF 4, HOV 3, and Adesi, the Initial Reporting Persons) on July 24, 2017, relating to the common stock, par value $0.0001 per share (the Common Stock), of Exela Technologies, Inc. (the Issuer), as amended by Amendment No. 1 to Schedule 13D filed by the Initial Reporting Persons on April 16, 2018, Amendment No. 2 to Schedule 13D filed by the Initial Reporting Persons and HandsOn 3, LLC, a Nevada limited liability company and an affiliate of the Initial Reporting Persons (HOF 3 and together with the Initial Reporting Persons the Amended Reporting Persons) on June 20, 2018, Amendment No. 3 to Schedule 13D filed by the Amended Reporting Persons on May 28, 2019, Amendment No. 4 to Schedule 13D filed by the Amended Reporting Persons on June 26, 2019, Amendment No. 5 to Schedule 13D filed by the Reporting Persons on July 6, 2019 and Amendment No. 6 to Schedule 13D filed by the Reporting Persons on July 18, 2019 (the Prior Amendments). This Seventh Amendment is being filed to update the disclosures in Item 6.
Item 4. Purpose of Transaction.
Item 4 of the Schedule 13D is hereby supplemented as follows.
On October 29, 2019, the Issuer announced the termination of discussions between the Issuers Special Committee and the internationally recognized private equity firm that, together with HGM, had submitted a preliminary non-binding indication of interest for a transaction with the Issuer.
HGM continues to believe that the Common Stock is undervalued at its current levels and is exploring means to continue to acquire increased beneficial and economic ownership of the Common Stock. The voting agreement entered into on October 23, 2019 reflects an agreement among the members of Ex-Sigma LLC to act in concert with respect to the equity in the Company.
Item 5. Interest in Securities of the Issuer
Item 5 of the Schedule 13D is hereby supplemented as follows.
As a result of the Second Voting Agreement, HGM acquired the power to direct the vote of an additional 1,889,639 shares of the Common Stock.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
Item 6 of the Schedule 13D is hereby supplemented as follows:
On October 23, 2019, the Reporting Persons, entered into a Voting Agreement (the Second Voting Agreement) certain members of Ex-Sigma, including. Pursuant to the Second Voting Agreement, each of the parties thereto have granted to HGM an irrevocable proxy to vote all of such persons shares then held with respect to any proposal relating to a Change of Control Transaction or a Take private Transaction (as such terms are defined in the Second Voting Agreement) subject to certain restrictions set forth therein. Pursuant to the Second Voting Agreement, HGM has agreed that it shall only vote the subject shares with respect to any such proposal in the event that the holders of at least 85% of the outstanding common units of Ex-Sigma approve of such action. The Second Voting Agreement will terminate upon written notice of such termination by HGM with approval of stockholders who hold at least 85% of the outstanding common units of Ex-Sigma; or when ownership thresholds are net.
Item 7. Material to be Filed as Exhibits.
Exhibit 10.1: Voting Agreement, dated October 23, 2019, by and among HandsOn Global Management, LLC and the parties executing such agreement as stockholders.
23
CUSIP No. 30162V102 |
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this Seventh Amendment is true, complete and correct.
Dated: October 30, 2019
| HANDSON GLOBAL MANAGEMENT, LLC | |
|
|
|
| By: | /s/ Par Chadha |
|
| Name: Par Chadha |
|
| Title: Manager |
|
|
|
| HOVS LLC | |
|
|
|
| By: | /s/ Jim Reynolds |
|
| Name: Jim Reynolds |
|
| Title: Manager |
|
|
|
| HANDSON FUND 4 I LLC | |
|
|
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| By: | /s/ Par Chadha |
|
| Name: Par Chadha |
|
| Title: Manager |
|
|
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| HOV CAPITAL III LLC | |
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| By: | /s/ Par Chadha |
|
| Name: Par Chadha |
|
| Title: Manager |
|
|
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| HOV SERVICES LTD | |
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| By: | /s/ Vik Negi |
|
| Name: Vik Negi |
|
| Title: Director |
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| ADESI 234 LLC | |
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| By: | /s/ Par Chadha |
|
| Name: Par Chadha |
|
| Title: Manager |
|
|
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| HOF 2 LLC | |
|
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| By: | /s/ Par Chadha |
|
| Name: Par Chadha |
|
| Title: Manager |
24
| EX-SIGMA 2 LLC | |
|
|
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| By: | /s/ Jim Reynolds |
|
| Name: Jim Reynolds |
|
| Title: President |
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|
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| EX-SIGMA LLC | |
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| By: | /s/ Jim Reynolds |
|
| Name: Jim Reynolds |
|
| Title: President |
|
|
|
| /s/ Par Chadha | |
| Par Chadha | |
|
|
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| HANDSON 3, LLC | |
|
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| By: | /s/ Par Chadha |
|
| Name: Par Chadha |
|
| Title: Manager |
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| SONINO LLC | |
|
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| By: | /s/ Jim Reynolds |
|
| Name: Jim Reynolds |
|
| Title: Manager |
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| BEIGAM TRUST | |
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| By: | /s/ Sarah Jonovic |
|
| Name: Sarah Jonovic |
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| Title: Trustee |
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| RIFLES TRUST | |
|
|
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| By: | /s/ Ajit Singh Chadha |
|
| Name: Ajit Singh Chadha |
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| Title: Trustee |
|
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| SUNRAJ LLC | |
|
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| By: | /s/ Sunil Rajadhyksha |
|
| Name: Sunil Rajadhyksha |
|
| Title: Manager |
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|
|
| /s/ Andrej Jonovic | |
| Andrej Jonovic |
25
| SHADOW POND LLC | |
|
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| By: | /s/ Vik Negi |
|
| Name: Vik Negi |
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| Title: Manager |
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|
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| /s/ Ron Cogburn | |
| Ron Cogburn | |
|
|
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| /s/ Kanwar Chadha | |
| Kanwar Chadha | |
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| /s/ Surinder Rametra | |
| Surinder Rametra | |
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| PIDGIN ASSOCIATES LLC | |
|
|
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| By: | /s/ Xin Cheng |
|
| Name: Xin Cheng |
|
| Title: Manager |
26