CUSIP No. 30162V102 |
SCHEDULE 13D
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UNITED STATES |
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SECURITIES AND EXCHANGE COMMISSION |
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Washington, D.C. 20549 |
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SCHEDULE 13D |
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Under the Securities Exchange Act of 1934
(Amendment No. 5)*
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)
June 25, 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 persons 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 | |||||
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1 |
Name of Reporting Persons | |||
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2 |
Check the Appropriate Box if a Member of a Group | |||
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(a) |
o | ||
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(b) |
o | ||
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3 |
SEC Use Only | |||
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4 |
Source of Funds | |||
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5 |
Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
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6 |
Citizenship or Place of Organization | |||
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Number of |
7 |
Sole Voting Power | |||
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8 |
Shared Voting Power | ||||
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9 |
Sole Dispositive Power | ||||
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10 |
Shared Dispositive Power | ||||
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|
11 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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12 |
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
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13 |
Percent of Class Represented by Amount in Row (11) | |||
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14 |
Type of Reporting Person | |||
(1) Calculations are based upon 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 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.
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
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1 |
Name of Reporting Persons | |||
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2 |
Check the Appropriate Box if a Member of a Group | |||
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|
(a) |
o | ||
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(b) |
o | ||
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3 |
SEC Use Only | |||
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|
4 |
Source of Funds | |||
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5 |
Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
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6 |
Citizenship or Place of Organization | |||
| |||||
Number of |
7 |
Sole Voting Power | |||
| |||||
8 |
Shared Voting Power | ||||
| |||||
9 |
Sole Dispositive Power | ||||
| |||||
10 |
Shared Dispositive Power | ||||
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|
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 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 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.
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
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1 |
Name of Reporting Persons | |||
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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 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 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.
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
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1 |
Name of Reporting Persons | |||
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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 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 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.
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
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1 |
Name of Reporting Persons | |||
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|
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 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 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.
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 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 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.
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 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 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.
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 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 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.
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 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 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.
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 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 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.
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 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 2019, as reported in the Issuers Form 10-Q.
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 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 2019, as reported in the Issuers Form 10-Q.
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 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 2019, as reported in the Issuers Form 10-Q.
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 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 2019, as reported in the Issuers Form 10-Q.
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 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 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.
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 | |||
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|
6 |
Citizenship or Place of Organization | |||
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Number of |
7 |
Sole Voting Power | |||
| |||||
8 |
Shared Voting Power | ||||
| |||||
9 |
Sole Dispositive Power | ||||
| |||||
10 |
Shared Dispositive Power | ||||
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|
11 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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|
12 |
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
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|
13 |
Percent of Class Represented by Amount in Row (11) | |||
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|
14 |
Type of Reporting Person | |||
(1) Calculations are based upon 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 2019, as reported in the Issuers Form 10-Q.
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
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1 |
Name of Reporting Persons | |||
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2 |
Check the Appropriate Box if a Member of a Group | |||
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(a) |
o | ||
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(b) |
o | ||
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3 |
SEC Use Only | |||
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4 |
Source of Funds | |||
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5 |
Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
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6 |
Citizenship or Place of Organization | |||
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Number of |
7 |
Sole Voting Power | |||
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8 |
Shared Voting Power | ||||
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9 |
Sole Dispositive Power | ||||
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10 |
Shared Dispositive Power | ||||
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|
11 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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12 |
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
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13 |
Percent of Class Represented by Amount in Row (11) | |||
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|
14 |
Type of Reporting Person | |||
(1) Calculations are based upon 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 2019, as reported in the Issuers Form 10-Q.
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
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1 |
Name of Reporting Persons | |||
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2 |
Check the Appropriate Box if a Member of a Group | |||
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(a) |
o | ||
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(b) |
o | ||
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3 |
SEC Use Only | |||
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4 |
Source of Funds | |||
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5 |
Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
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6 |
Citizenship or Place of Organization | |||
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Number of |
7 |
Sole Voting Power | |||
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8 |
Shared Voting Power | ||||
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9 |
Sole Dispositive Power | ||||
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10 |
Shared Dispositive Power | ||||
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11 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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12 |
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
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13 |
Percent of Class Represented by Amount in Row (11) | |||
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|
14 |
Type of Reporting Person | |||
(1) Calculations are based upon 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 2019, as reported in the Issuers Form 10-Q.
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
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1 |
Name of Reporting Persons | |||
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2 |
Check the Appropriate Box if a Member of a Group | |||
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(a) |
o | ||
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(b) |
o | ||
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3 |
SEC Use Only | |||
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4 |
Source of Funds | |||
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5 |
Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
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6 |
Citizenship or Place of Organization | |||
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Number of |
7 |
Sole Voting Power | |||
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8 |
Shared Voting Power | ||||
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9 |
Sole Dispositive Power | ||||
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10 |
Shared Dispositive Power | ||||
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11 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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12 |
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
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13 |
Percent of Class Represented by Amount in Row (11) | |||
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14 |
Type of Reporting Person | |||
(1) Calculations are based upon 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 2019, as reported in the Issuers Form 10-Q.
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
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1 |
Name of Reporting Persons | |||
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2 |
Check the Appropriate Box if a Member of a Group | |||
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(a) |
o | ||
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(b) |
o | ||
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3 |
SEC Use Only | |||
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4 |
Source of Funds | |||
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5 |
Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
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6 |
Citizenship or Place of Organization | |||
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Number of |
7 |
Sole Voting Power | |||
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8 |
Shared Voting Power | ||||
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9 |
Sole Dispositive Power | ||||
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10 |
Shared Dispositive Power | ||||
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11 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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12 |
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
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13 |
Percent of Class Represented by Amount in Row (11) | |||
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14 |
Type of Reporting Person | |||
(1) Calculations are based upon 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 2019, as reported in the Issuers Form 10-Q.
CUSIP No. 30162V102 | |||||
SCHEDULE 13D | |||||
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1 |
Name of Reporting Persons | |||
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2 |
Check the Appropriate Box if a Member of a Group | |||
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(a) |
o | ||
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(b) |
o | ||
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3 |
SEC Use Only | |||
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4 |
Source of Funds | |||
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5 |
Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e) o | |||
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6 |
Citizenship or Place of Organization | |||
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Number of |
7 |
Sole Voting Power | |||
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8 |
Shared Voting Power | ||||
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9 |
Sole Dispositive Power | ||||
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10 |
Shared Dispositive Power | ||||
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11 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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12 |
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
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13 |
Percent of Class Represented by Amount in Row (11) | |||
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14 |
Type of Reporting Person | |||
(1) Calculations are based upon 150,142,955 shares of Common Stock of the Issuer outstanding, as of May 8, 2019, as reported in the Issuers Form 10-Q.
CUSIP No. 30162V102 |
The information in this Amendment No. 5 to Schedule 13D (this Fifth 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 and Amendment No. 4 to Schedule 13D filed by the Amended Reporting Persons on June 26, 2019 (the Prior Amendments).
This Fifth Amendment is filed to provide additional information on entities that have joined the group pursuant a Voting Agreement (the Voting Agreement) by and among SoNino LLC, The Beigam Trust, The Rifles Trust, SunRaj LLC, Pidgin Associates LLC, Andrej Jonovic, Shadow Pond LLC, Ron Cogburn, Kanwar Chadha and Surinder Rametra (collectively, the Voting Agreement Parties) and certain of the Amended Reporting Persons (together with the Voting Agreement Parties, the Reporting Persons).
Item 2. Identity and Background.
Item 2 of the Schedule 13D is hereby amended and restated as follows:
The persons filing this Schedule 13D are 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), HandsOn 3, LLC, a Nevada limited liability company (HOF 3) SoNino LLC, a Nevada limited liability company (SoNino) Beigam Trust, a Nevada trust (Beigam), Rifles Trust, a Nevada trust (Rifles), SunRaj LLC, a California limited liability company (SunRaj), Pidgin Associates LLC, a Nevada limited liability company (Pidgin), Mr. Andrej Jonovic, Mr. Ron Cogburn, Mr. Kanwar Chadha, Mr. Surinder Rametra and Shadow Pond LLC, a Nevada limited liability company (Shadow Pond and together with Mr. Par Chadha, Ex-Sigma, Ex-Sigma 2, HGM, HOVS, HOV Services, HOF 4, HOV 3, Adesi, HOF 2, HOF 3, SoNino, Beigam, Rifles, SunRaj, Mr. Jonovic, Mr. Cogburn, Mr. Kanwar Chadha and Mr. Rametra, the Reporting Persons).
The principal business address of the Amended Reporting Persons, the Scheduled Persons (as defined below), Beigam, Rifles, Shadow Pond and Pidgin is 8550 West Desert Inn Road, Suite 102-452, Las Vegas, NV 89117. The principal address of Sonino is 29 Warner Rd., Grosse Pointe Farms, MI 48236. The principal address of SunRaj is 4260 Pilon Point, San Diego, CA 92130. The principal address of Surinder Rametra is 27 Riesling Court, Commack, NY 11725. The principal address of Mr. Kanwar Chadha is 31907 Calle El Potrero, Pauma Valley, CA 92061.
Schedule A hereto sets forth lists of all the directors/managers and executive officers or persons holding equivalent positions (the Scheduled Persons) of each Reporting Person.
The principal business of Ex-Sigma 2 is acting as a shareholder of the Issuer. The principal business of Ex-Sigma is acting as the sole equityholder of Ex-Sigma 2. The principal business of each of HOVS, HOF 4 and HOV 3 is acting as an equityholder of Ex-Sigma. The principal business of HOV Services is providing information technology (IT) and IT enabled services as well as holding an indirect interest in Exela. The principal business of each of Adesi and HOF 2 is acting as an equityholder of HOF 4 and HOV 3. The principal business of HGM and principal occupation of Mr. Par Chadha is making private equity and related investments and in the case of Mr. Par Chadha serving as the Chairman of the Issuer. The principal business of each of SoNino and Shadow Pond is acting as a holding company of investments, including in the Issuer. The principal business of Rifles is acting as a trust. The principal occupation of Mr. Rametra is engaging in business. The principal occupation of Mr. Jonovic is Executive Vice President of the Issuer and Managing Director of one or more Reporting Persons. The principal business of Beigam is acting as a trust. The principal business of SunRaj is management services. The principal business of Pidgin is consulting. The principal occupation of Mr.
Kanwar Chadha is acting as a corporate officer. The principal occupation of Mr. Cogburn is acting as the Chief Executive Officer of the Issuer.
The Reporting Persons have entered into a Joint Filing Agreement, dated July [·], 2019, a copy of which is attached as Exhibit 99.1 hereto, pursuant to which the Reporting Persons have agreed to file this Schedule 13D jointly in accordance with the provisions of Rule 13d-1(k)(1) of the Act.
None of the Reporting Persons, nor to the knowledge of the Reporting Persons, any Scheduled Person, has, during the past five years, (a) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), or (b) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting, or mandating activities subject to, Federal or State securities laws or a finding of any violation with respect to such laws.
Mr. Par Chadha, Mr. Cogburn, Mr. Kanwar Chadha, and Mr. Rametra are each citizens of the United States of America. Mr. Jonovic is a citizen of Serbia and Sweden.
Item 3. Source and Amount of Funds or Other Consideration.
Item 3 of the Schedule 13D is hereby supplemented as follows:
Each of the Voting Agreement Parties used personal funds to finance their purchases.
Item 5. Interest in Securities of the Issuer.
Item 5 of the Schedule 13D is hereby supplemented as follows:
(a)-(b)
SoNino directly owns 247,630 shares of Common Stock, indirectly owns 1,019 units in Ex-Sigma and owns 474.85 Exchangeable Preferred Interests in Ex-Sigma that are exchangeable (if and/or when Ex-Sigma gains direct ownership over the shares currently held by Ex-Sigma 2) into 287,785.84 shares of Common Stock. Beigam directly owns 247,630 shares of Common Stock and owns 474.85 Exchangeable Preferred Interests in Ex-Sigma that are exchangeable (if and/or when Ex-Sigma gains direct ownership over the shares currently held by Ex-Sigma 2) into 287,785.84 shares of Common Stock. Rifles directly owns 82,543 shares of Common Stock and owns 158.28 Exchangeable Preferred Interests in Ex-Sigma that are exchangeable (if and/or when Ex-Sigma gains direct ownership over the shares currently held by Ex-Sigma 2) into 95,928.61 shares of Common Stock. SunRaj directly owns 110,058 shares of Common Stock, indirectly owns 1,000 units in Ex-Sigma and owns 211.04 Exchangeable Preferred Interests in Ex-Sigma that are exchangeable (if and/or when Ex-Sigma gains direct ownership over the shares currently held by Ex-Sigma 2) into 127,904.81 shares of Common Stock. Pidgin directly owns 288,901 shares of Common Stock, indirectly owns 108 units in Ex-Sigma and owns 553.988 Exchangeable Preferred Interests in Ex-Sigma that are exchangeable (if and/or when Ex-Sigma gains direct ownership over the shares currently held by Ex-Sigma 2) into 335,750.14 shares of Common Stock. Mr. Jonovic directly owns 71,272 shares of Common Stock and owns 79.14 Exchangeable Preferred Interests in Ex-Sigma that are exchangeable (if and/or when Ex-Sigma gains direct ownership over the shares currently held by Ex-Sigma 2) into 47,964.30 shares of Common Stock. Shadow Pond directly owns 178,844 shares of Common Stock and owns 342.95 Exchangeable Preferred Interests in Ex-Sigma that are exchangeable (if and/or when Ex-Sigma gains direct ownership over the shares currently held by Ex-Sigma 2) into 207,845.33 shares of Common Stock. Mr. Cogburn directly owns 13,757 shares of Common Stock, has been granted 111,000 stock options and 74,000 Restricted Stock Units, indirectly owns 110 units in Ex-Sigma and owns 26.38 Exchangeable Preferred Interests in Ex-Sigma that are exchangeable (if and/or when Ex-Sigma gains direct ownership over the shares currently held by Ex-Sigma 2) into 15,988.10 shares of Common Stock. Mr. Kanwar Chadha directly owns 13,757 shares of Common Stock and owns 26.38 Exchangeable Preferred Interests in Ex-Sigma that are exchangeable (if and/or when Ex-Sigma gains direct ownership over the shares currently held by Ex-Sigma 2) into 15,988.10 shares of Common Stock. Mr. Rametra directly owns 412,716 shares of Common Stock and owns 791.41 Exchangeable Preferred Interests in Ex-Sigma that are exchangeable (if and/or when Ex-Sigma gains direct ownership over the shares currently held by Ex-Sigma 2) into 479,643.06 shares of Common Stock.
Percentages in this Schedule 13D for Mr. Cogburn are calculated based on the quotient obtained by dividing (i) the aggregate number of shares of Common Stock (x) beneficially owned by Mr. Cogburn, (y) issuable upon the exercise of options owned by the Reporting Person whether or not such vesting is to occur within 60 days, and (z) issuable upon vesting of Restricted Stock Units owned by the Reporting Person whether or not such vesting is to occur within 60 days, by (ii) the sum of (x) 150,142,955 shares of Common Stock outstanding as of May 8, 2019 as reported in the Issuers 10-Q, and (y) the amount set forth in clause (i)(y), and (z).
The Reporting Persons are reporting beneficial ownership over the Common Stock issuable upon conversion of the Preferred Stock, vesting of the Restricted Stock Units and exercise of the stock options, even though such conversion, vesting or exercise may not occur within 60 days of the date hereof. Other than for purposes of this Report, the Reporting Persons expressly disclaim such beneficial ownership, and nothing herein shall be deemed to be an admission by any Reporting Person as to the beneficial ownership of such shares.
(c) Of the 1,637,108 Shares purchased on June 25, 2019 by the Voting Agreement Parties from Ex-Sigma 2, SoNino purchased 247,630 shares of Common Stock, Beigam purchased 247,630 shares of Common Stock, Rifles purchased 82,543 shares of Common Stock, SunRaj purchased 110,058 shares of Common Stock, Pidgin purchased 288,901 shares of Common Stock, Mr. Jonovic purchased 41,272 shares of Common Stock, Shadow Pond purchased 178,844 shares of Common Stock, Mr. Cogburn purchased 13,757 shares of Common Stock, Mr. Kanwar Chadha purchased 13,757 shares of Common Stock and Mr. Rametra purchased 412,716 shares of Common Stock.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
Pursuant to Rule 13d-1(k) promulgated under the Act, the Reporting Persons have entered into a Joint Filing Agreement, attached hereto as Exhibit 99.1 and incorporated by reference herein, with respect to the joint filing of this Schedule 13D and any amendments thereto.
Item 7. Material to Be Filed as Exhibits.
Exhibit 99.1: Amended and Restated Joint Filing Agreement
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 Fifth Amendment is true, complete and correct.
Dated: July 5, 2019
|
HANDSON GLOBAL MANAGEMENT, LLC | |
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|
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By: |
/s/ Par Chadha |
|
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Name: Par Chadha |
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Title: Manager |
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HOVS LLC | |
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By: |
/s/ Jim Reynolds |
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Name: Jim Reynolds |
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Title: Manager |
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HANDSON FUND 4 I LLC | |
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By: |
/s/ Par Chadha |
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Name: Par Chadha |
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Title: Manager |
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HOV CAPITAL III LLC | |
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By: |
/s/ Par Chadha |
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Name: Par Chadha |
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Title: Manager |
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HOV SERVICES LTD | |
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By: |
/s/ Vik Negi |
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Name: Vik Negi |
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Title: Director |
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ADESI 234 LLC | |
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By: |
/s/ Par Chadha |
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Name: Par Chadha |
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Title: Manager |
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HOF 2 LLC | |
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By: |
/s/ Par Chadha |
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Name: Par Chadha |
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Title: Manager |
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EX-SIGMA 2 LLC | |
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By: |
/s/ Jim Reynolds |
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Name: Jim Reynolds |
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Title: President |
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EX-SIGMA LLC | |
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By: |
/s/ Jim Reynolds |
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Name: Jim Reynolds |
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Title: President |
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/s/ Par Chadha | |
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Par Chadha | |
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HANDSON 3, LLC | |
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By: |
/s/ Par Chadha |
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Name: Par Chadha |
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Title: Manager |
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SONINO LLC | |
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By: |
/s/ Jim Reynolds |
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Name: Jim Reynolds |
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Title: Manager |
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BEIGAM TRUST | |
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By: |
/s/ Sarah Jonovic |
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Name: Sarah Jonovic |
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Title: Trustee |
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RIFLES TRUST | |
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By: |
/s/ Ajit Singh Chadha |
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Name: Ajit Singh Chadha |
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Title: Trustee |
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SUNRAJ LLC | |
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By: |
/s/ Sunil Rajadhyksha |
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Name: Sunil Rajadhyksha |
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Title: Manager |
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/s/ Andrej Jonovic | |
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Andrej Jonovic |
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SHADOW POND LLC | |
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By: |
/s/ Vik Negi |
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Name: Vik Negi |
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Title: Manager |
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/s/ Ron Cogburn | |
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Ron Cogburn | |
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/s/ Kanwar Chadha | |
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Kanwar Chadha | |
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/s/ Surinder Rametra | |
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Surinder Rametra | |
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PIDGIN ASSOCIATES LLC | |
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By: |
/s/ Xin Cheng |
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Name: Xin Cheng |
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Title: Manager |
SCHEDULE A
PART I
Set forth below is the name and present principal occupation of (i) each Member and Managing Director of each limited liability company Reporting Person, (ii) each executive officer and director of HOV Services and (iii) each trustee of a trust Reporting Person. The business address for each of such persons is 8550 West Desert Inn Road, Suite 102-452, Las Vegas, Nevada 89117. All the directors and executive officers listed on this Schedule A are United States citizens except as otherwise noted below.
HOVS LLC
NAME |
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PRESENT PRINCIPAL OCCUPATION IN |
Jim Reynolds |
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Manager, HOVS LLC; Manager, Ex-Sigma LLC |
HANDSON FUND 4 I LLC
NAME |
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PRESENT PRINCIPAL OCCUPATION IN |
Par Chadha |
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Manager, HandsOn Fund 4 I LLC; Chairman, Ex-Sigma LLC; Manager, HOV Capital III LLC, Manager, Adesi 234 LLC, Manager, HOF 2 LLC |
HOV CAPITAL III LLC
NAME |
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PRESENT PRINCIPAL OCCUPATION IN |
Par Chadha |
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Manager, HandsOn Fund 4 I LLC; Chairman, Ex-Sigma LLC; Manager, HOV Capital III LLC, Manager, Adesi 234 LLC, Manager, HOF 2 LLC |
HOV SERVICES LTD
NAME |
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PRESENT PRINCIPAL OCCUPATION IN |
Vikram Negi |
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Director, HOV Services LTD; Manager, Shadow Pond LLC |
Baldev Gupta |
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Director, HOV Services LTD |
Harish Bhasin |
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Director, HOV Services LTD |
Lakshmi Kumar |
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Director, HOV Services LTD |
Sunil Rajadhyaksha |
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Director, HOV Services LTD; Manager, SunRaj LLC |
Surinder Rametra |
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Officer, HOV Services LTD |
Bhuvanesh Sharma |
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Officer, HOV Services LTD |
Nilesh Bafna |
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Officer, HOV Services LTD |
ADESI 234 LLC
NAME |
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PRESENT PRINCIPAL OCCUPATION IN |
Par Chadha |
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Manager, HandsOn Fund 4 I LLC; Chairman, Ex-Sigma LLC; Manager, HOV Capital III LLC, Manager, Adesi 234 LLC, Manager, HOF 2 LLC |
HOF 2 LLC
NAME |
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PRESENT PRINCIPAL OCCUPATION IN |
Par Chadha |
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Manager, HandsOn Fund 4 I LLC; Chairman, Ex-Sigma LLC; Manager, HOV Capital III LLC, Manager, Adesi 234 LLC, Manager, HOF 2 LLC |
EX-SIGMA 2 LLC
NAME |
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PRESENT PRINCIPAL OCCUPATION IN |
Ex-Sigma LLC |
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Manager |
EX-SIGMA LLC
NAME |
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PRESENT PRINCIPAL OCCUPATION IN |
Par Chadha |
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Manager, HandsOn Fund 4 I LLC; Chairman, Ex-Sigma LLC; Manager, HOV Capital III LLC, Manager, Adesi 234 LLC, Manager, HOF 2 LLC |
James Reynolds |
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Manager, HOVS LLC; Manager, Ex-Sigma LLC |
HANDSON GLOBAL MANAGEMENT LLC
NAME |
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PRESENT PRINCIPAL OCCUPATION IN |
HOV Capital III |
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Manager |
SONINO LLC
NAME |
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PRESENT PRINCIPAL OCCUPATION IN |
Jim Reynolds |
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Manager |
BEIGAM TRUST
NAME |
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PRESENT PRINCIPAL OCCUPATION IN PERSON AND POSITIONS |
Sarah Jonovic |
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Trustee |
RIFLES TRUST
NAME |
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PRESENT PRINCIPAL OCCUPATION IN |
Anit Singh Chadha |
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Trustee |
SUNRAJ LLC
NAME |
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PRESENT PRINCIPAL OCCUPATION IN |
Sunil Rajadhyaksha |
|
Director, HOV Services LTD; Manager, SunRaj LLC |
PIDGIN ASSOCIATES LLC
NAME |
|
PRESENT PRINCIPAL OCCUPATION IN |
Xin Cheng |
|
Manager, Pidgin Associates LLC |
SHADOW POND LLC
NAME |
|
PRESENT PRINCIPAL OCCUPATION IN |
Vikram Negi |
|
Director, HOV Services LTD; Manager, Shadow Pond LLC |
PART II
In addition to Mr. Chadha, the following persons listed on Schedule A, Part I beneficially own the following shares:
Mr. James Reynolds On June 25, 2019, he purchased 247,630 Shares for $408,589, and acquired approximately $475,000 principal amount of exchangeable preferred interests of Ex-Sigma. Mr. Reynolds also holds 74,000 RSUs, which will vest on September 1, 2019, and options for 111,000 Shares at an exercise price of $5.98. Forty percent of the options will vest and become exercisable on August 31, 2020 and the remainder will vest and become exercisable on August 31, 2022. Mr. Reynolds also holds minority interests in certain of the Amended Reporting Persons.
Mr. Surinder Rametra On June 25, 2019, he purchased 412,716 Shares for $680,982, and acquired approximately $791,000 principal amount of exchangeable preferred interests of Ex-Sigma. Mr. Rametra also holds minority interests in certain of the Amended Reporting Persons.
Mr. Vikram Negi On June 25, 2019, he purchased 178,844 Shares for $295,092, and acquired approximately $343,000 principal amount of exchangeable preferred interests of Ex-Sigma. Mr. Negi also holds 68,400 RSUs that will vest on September 1, 2019. Mr. Negi also holds minority interests in certain of the Amended Reporting Persons.
Mr. Sunil Rajadhyaksha On June 25, 2019, he purchased 110,058 Shares for $181,595, and acquired approximately $211,000 principal amount of exchangeable preferred interests of Ex-Sigma. Mr. Rajadhyaksha also holds minority interests in certain of the Amended Reporting Persons.
Except as set forth in Item 3, there have been no transactions in the class of securities reported on effected during the past sixty days by the persons listed on this Schedule A.
No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares.
There are no contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in this Schedule A and between such persons and any person with respect to any securities of the Issuer, including, but not limited to, transfer or voting of any of the securities, finders fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.