Summary by Moomoo AI
Shay Capital LLC and Shay Capital Holdings LLC, both organized under the laws of Delaware, have filed an amended Schedule 13G with the Securities and Exchange Commission on February 14, 2024, indicating their beneficial ownership in Exela Technologies, Inc. The filing reveals that each entity beneficially owns 523,801 shares of Exela Technologies' common stock, which includes 333,500 shares issuable upon the exercise of currently exercisable call options. This ownership represents 8.23% of the company's class of common stock. The principal business address for both Shay Capital LLC and Shay Capital Holdings LLC is listed as 280 Park Avenue, 5th Floor West, New York, NY 10017. The filing asserts that the shares were not acquired for the purpose of changing or influencing the control of Exela Technologies, nor were they held in connection with any transaction having that purpose or effect.