share_log

SC 13D/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-The Rifles Trust(11.17%),Ajit Singh Chadha(11.17%)

SEC ·  Dec 4, 2024 05:09

Summary by Moomoo AI

On December 2, 2024, The Rifles Trust filed a Schedule 13D/A with the SEC, indicating an increase in its stake in Exela Technologies to 11.17%. This increase was achieved through the exchange of 30,491 shares of Series A Preferred Stock for 427,530 shares of common stock on November 21, 2024.Additionally, The Rifles Trust received distributions totaling 2,672,809 shares from HOF 2, LLC, Adesi 234, LLC, and HandsOn Global Management, LLC on the same date. These transactions did not involve any purchase price or payment.The filing reflects the trust's strategic position in Exela Technologies, with Ajit Singh Chadha as the trustee, holding sole voting and dispositive power over 3,100,388 shares.
On December 2, 2024, The Rifles Trust filed a Schedule 13D/A with the SEC, indicating an increase in its stake in Exela Technologies to 11.17%. This increase was achieved through the exchange of 30,491 shares of Series A Preferred Stock for 427,530 shares of common stock on November 21, 2024.Additionally, The Rifles Trust received distributions totaling 2,672,809 shares from HOF 2, LLC, Adesi 234, LLC, and HandsOn Global Management, LLC on the same date. These transactions did not involve any purchase price or payment.The filing reflects the trust's strategic position in Exela Technologies, with Ajit Singh Chadha as the trustee, holding sole voting and dispositive power over 3,100,388 shares.
Helpful
Not Helpful

This announcement is a separate document:

Doc 1

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Heat List
    US
    SymbolLatest Price% Chg

    No Data

    Hot News
    Updated