Form Type: 4

SEC EDGAR Link
Accession Number:0001104659-21-126844
Date:2021-08-15
Issuer: EXELA TECHNOLOGIES, INC. (XELA)
Original Submission Date:

Reporting Person:

CHADHA PAR
8550 WEST DESERT INN ROAD,
SUITE 102-452 LAS VEGAS,, NV 89117

Reporting Person:

HOV CAPITAL III LLC
8550 WEST DESERT INN ROAD,
SUITE 102-452 LAS VEGAS, NV 89117

Reporting Person:

ADESI 234 LLC
8550 WEST DESERT INN ROAD,
SUITE 102-452 LAS VEGAS, NV 89117

Reporting Person:

HOF 2 LLC
8550 WEST DESERT INN ROAD,
SUITE 102-452 LAS VEGAS, NV 89117

Reporting Person:

HOVS LLC
8550 WEST DESERT INN ROAD,
SUITE 102-452 LAS VEGAS, NV 89117

Reporting Person:

HOV SERVICES LTD
8550 WEST DESERT INN ROAD,
SUITE 102-452 LAS VEGAS, NV 89117

Reporting Person:

HANDSON FUND 4 I, LLC
8550 WEST DESERT INN ROAD,
SUITE 102-452 LAS VEGAS, NV 89117

Reporting Person:

HANDSON GLOBAL MANAGEMENT, LLC
8550 WEST DESERT INN ROAD,
SUITE 102-452 LAS VEGAS, NV 89117

Reporting Person:

HANDSON 3, LLC
8550 WEST DESERT INN ROAD,
SUITE 102-452 LAS VEGAS, NV 89117

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK, PAR VALUE $0.0001 PER SHARE (''COMMON STOCK'') 2021-10-15 S 100,000 d $1.69 4,012,939 indirect f1,f2
COMMON STOCK 2021-08-15 0 $0.00 50,047 direct
COMMON STOCK 2021-08-15 0 $0.00 104,083 indirect f2
COMMON STOCK 2021-08-15 0 $0.00 5,712,123 indirect f2
COMMON STOCK 2021-08-15 0 $0.00 960,633 indirect f2
COMMON STOCK 2021-08-15 0 $0.00 15,500 indirect f2
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 hovs llc, a delaware limited liability company ("hovs"), handson fund 4 i, llc, a nevada limited liability company ("hof 4"), and hov capital iii, llc, a nevada limited liability company ("hov 3") each directly own shares of exela technologies, inc. (the "issuer"). hovs is a wholly-owned subsidiary of hov services ltd., an indian limited company ("hov services" and together with handson global management, llc, a delaware limited liability company ("hgm"), hovs, hof 2 llc, a nevada limited liability company ("hof 2"), hof 4, hov 3, and adesi 234 llc, a nevada limited liability company ("adesi"), the "hgm group")). adesi and hof 2 llc together own a majority of hof 4. adesi and hof 2, own a majority of the equity interests of hov 3.
f2 mr. par chadha may be deemed to control handson 3, llc, a nevada limited liability company ("hof 3") and the hgm group. the parties identified above and hgm may be deemed to beneficially own any shares of the issuer owned by the entities in which they are beneficial owners. each member of the hgm group disclaims beneficial ownership of any shares of the issuer owned by any other member of the hgm group, except to the extent of its pecuniary interest therein. solely for purposes of section 16 of the exchange act, the hgm group may be deemed to be directors-by-deputization by virtue of the hgm group's contractual right to designate directors to the board of directors of the issuer. for purposes of the exemption under rule 16b-3 promulgated under the securities exchange act of 1934, as amended.
f3 on october 15, 2021, pursuant to a plan of disposition adopted by hof 2 on march 26, 2021, in accordance with rule 10b5-1 of the securities exchange act of 1934 (the "10b5-1 plan"), hof 2 sold 100,000 shares. the reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the securities and exchange commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this form 4.
f4 the number of shares reported in this form 4 account for the one-for-three reverse stock split effected by the issuer on january 25, 2021.
f5 shares directly owned by hof 2.
f6 shares directly owned by hgm.
f7 shares directly owned by hovs.
f8 shares directly owned by adesi.
f9 shares directly owned by hof 3.

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