Summary by Moomoo AI
Exela Technologies, Inc., a company listed on The Nasdaq Stock Market LLC under the trading symbols XELA for its common stock and XELAP for its 6.00% Series B Cumulative Convertible Perpetual Preferred Stock, has reported significant changes in its board of directors. On October 2, 2024, Marc A. Beilinson announced his intention to resign from his position as a director of the company, effective October 3, 2024. Following closely on October 3, 2024, Sharon Chadha also conveyed her decision to step down as a director, effective immediately on the same day. Both resignations were confirmed to be without any disputes or disagreements with the company's operations, policies, or practices. The company has fulfilled its regulatory obligations by reporting these changes to the SEC with a Form 8-K filing, dated October 7, 2024.