---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-011483"
form_type: "8-K"
ticker: "XBP"
cik: "0001839530"
company_name: "XBP Global Holdings, Inc."
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T13:24:49.806226+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# XBP Global Q2 revenue up 17.8% YoY, completes BPA acquisition eliminating $1.1B debt

## Summary
- Q2 revenue $39.6M (+17.8% YoY); gross margin 29.8% (+1020 bps); Adj. EBITDA $3.3M (+173.8% YoY).
- Net loss from continuing ops $3.4M vs $3.6M YoY; operating loss $1.6M.
- Completed acquisition of Exela BPA; issued ~81.8M shares at $4.98/share; eliminated $1.1B secured debt.
- Combined co. expects annual rev ~$900M, 11k employees, 2,500+ clients incl. Fortune 100.
- Appointed four new independent board members; renamed XBP Global Holdings.

## SEC filing metadata
- accession: 0001558370-25-011483
- form_type: 8-K
- ticker: XBP
- cik: 0001839530
- company_name: XBP Global Holdings, Inc.
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839530/000155837025011483/0001558370-25-011483-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839530/000155837025011483/xbp-20250814x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-011483
- JSON: https://secwatch.observer/filing/0001558370-25-011483.json
- Plain text: https://secwatch.observer/filing/0001558370-25-011483.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.