Exela Technologies to Voluntarily Delist From Nasdaq

MT Newswires Live

2025/01/08

Exela Technologies (XELA) said late Tuesday its board has approved a process to voluntarily delist its securities from the Nasdaq Stock Market.

The company said the decision is based on several factors, including a prior Nasdaq suspension and an expected reduction in operating expenses.

Following the Nasdaq suspension, the company said its common and series B preferred stock has been trading on the OTC Markets system.

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