XBP Global Holdings, Inc. shareholders approved Advisory vote on frequency of future say-on-pay votes at the 2026-05-29 meeting.
“Proposal 4 — To consider and vote upon a proposal to approve, on an advisory (non-binding) basis, the frequency of future say-on-pay votes: Votes For 1 Year Votes For 2 Years Votes For 3 Years Votes Abstained Broker Non-Votes 9,200,507 333 488 332,030 577,920”
Shareholder Votes
XBP Global Holdings, Inc. shareholders approved Advisory vote to approve compensation of named executive officers at the 2026-05-29 meeting.
“Proposal 3 — To consider and vote upon a proposal to approve, on an advisory (non-binding) basis, the compensation of our named executive officers (the “say-on-pay vote”): Votes For Votes Against Votes Abstained Broker Non-Votes 8,208,462 1,323,885 1,011 577,920”
Shareholder Votes
XBP Global Holdings, Inc. shareholders approved Ratification of UHY LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026 at the 2026-05-29 meeting.
“Proposal 2 — To consider and vote upon a proposal to ratify the appointment of UHY LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026: Votes For Votes Against Votes Abstained Broker Non-Votes 9,464,489 642,788 4,001 0”
Shareholder Votes
XBP Global Holdings, Inc. shareholders approved Election of seven directors named in the Proxy Statement at the 2026-05-29 meeting.
“Proposal 1 — To consider and vote upon a proposal to elect to the board of directors of the Company (the “Board”) the seven nominees named in the Proxy Statement who have been nominated by the Board to serve as directors until the 2027 annual meeting of stockholders: Nominee Votes For Votes Withheld Broker Non-Votes Par Chadha 3,690,975 5,842,383 577,920 Andrej Jonovic 8,130,779 1,402,579 577,920 Randal Klein 5,591,900 3,941,458 577,920 Regina Paolillo 8,372,081 1,161,277 577,920 Robert Pryor 5,591,905 3,941,453 577,920 James Reynolds 4,597,650 4,935,708 577,920 Sanjay Srivastava 5,591,899 3,941,459 577,920”
Earnings Releases
XBP Global Holdings, Inc. reported the quarter ended March 31, 2026 results: revenue $197.1 million.
“First Quarter 2026 Highlights • Revenue totaled $197.1 million, a decline of 14.2% year-over-year on a pro forma basis”
Earnings Releases
XBP Global Holdings, Inc. reported the fourth quarter ended December 31, 2025 results: revenue $207.0 million.
“Fourth Quarter 2025 Highlights ● Revenue totaled $207.0 million, a decline of 15.1% year-over-year on a pro forma basis 4 ● Gross margin was 22.7%, a 110 basis point increase year-over-year on a pro forma basis 4 ● Pro Forma Normalized EBITDA 3 of $19.2 million, a decrease of 35.0% year-over-year 4 ● Closed $60.2 million of new TCV, a 53.2% increase year-over-year and 68.4% above the previous four quarter average 4,5 ● Closed $34.8 million of new ACV, a 37.7% increase year-over-year and 46.7% above the previous four quarter average 4,5”
Earnings Releases
XBP Global Holdings, Inc. reported the fiscal year ended December 31, 2025 results: revenue $791.0 million, net income $1.1 billion.
“Full Year 2025 Highlights ● Reported revenue 1 totaled $791.0 million, a decline of 9.4% year-over-year ● Gross margin on a reported basis was 21.7%, a 10 basis point increase year-over-year ● Combined Pro Forma Revenue 2 totaled $879.6 million, a decline of 13.6% year-over-year ● Pro Forma Gross Margin 2 was 21.9%, a 30 basis point increase year-over-year ● GAAP net income of $1.1 billion, compared to a Net Loss of $215.2 million the prior year ● Pro Forma Normalized EBITDA 2,3 of $90.2 million, a decrease of 13.7% year-over-year”
Material Agreements
XBP Global Holdings, Inc. amended Limited Waiver and Third Amendment with MidCap Funding IV Trust, as administrative agent, and the lenders party thereto (effective 2026-03-06).
“On March 6, 2026, XBP Americas, LLC (the “Borrower”), the guarantors party thereto, MidCap Funding IV Trust, as administrative agent (the “Agent”), and the lenders party thereto (the “Lenders”) entered into a Limited Waiver and Third Amendment (the “Third Amendment”) to that certain Credit and Security Agreement, dated as of July 29, 2025 (the “ABL Credit Agreement”).”
Governance Changes
XBP Global Holdings, Inc.: Approval of 1-for-10 reverse stock split amendment to the Certificate of Incorporation (effective 2025-12-12).
“The reverse split will become effective at 5:00 p.m. Eastern Time on December 12, 2025.”
Listing & Compliance Notices
XBP Global Holdings, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A), 5810(c)(3)(H)).
“September 16, 2025, XBP Global Holdings, Inc. (the “Company”) received a deficiency letter (the “Letter”) from the Nasdaq Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”). The Letter notified the Company that, for a period of 30 consecutive business days, the bid price for the Company’s common stock, $0.0001 par value per share (the “Common Stock”), had closed below the $1.00 per share minimum bid price requirement for continued listing on the Nasdaq Capital Market, as required by Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”) duri”
M&A Transactions
XBP Global Holdings, Inc. completed an acquisition involving Exela Technologies, Inc. (closed 2025-07-15).
“the consummation on July 15, 2025 of the acquisition of all membership interests in Exela Technologies BPA, LLC, together with its subsidiaries (the “BPA Group”) from Exela Technologies, Inc. and its subsidiaries”
Governance Changes
XBP Global Holdings, Inc.: Filed Certificate of Amendment authorizing a reverse stock split of Common Stock at a ratio between 1-for-3 and 1-for-15, subject to Board determination.
“As disclosed in the Prior 8-K, stockholders also approved the Reverse Stock Split Proposal (Proposal 5 in the Proxy Statement), amending the Amended Charter to authorize a reverse stock split of Common Stock at a ratio between 1-for-3 and 1-for-15, to be determined by the Board and may be implemented in 2025”
Governance Changes
XBP Global Holdings, Inc.: Adopted Second Amended and Restated Bylaws to reflect name change, board composition changes, and meeting procedures.
“Effective as of the Effective Date, the Company adopted the Second Amended and Restated Bylaws, which update governance provisions to reflect the name change, certain changes relating to the board composition and certain board and stockholder meeting procedures.”
Governance Changes
XBP Global Holdings, Inc.: Amended and restated Certificate of Incorporation to change name, increase authorized shares, remove staggered board, reestablish stockholder written consent, and clarify corporate opportunities (effective 2025-07-29).
“The Amended Charter includes: · A name change to “XBP Global Holdings, Inc.” · An increase in authorized shares to 400,000,000 shares of Common Stock and 20,000,000 shares of preferred stock. · Removal of the staggered board, reestablishment of stockholder action by written consent”
Auditor Changes
XBP Global Holdings, Inc. engaged UHY LLP as its auditor.
“(b) Engagement of New Independent Registered Public Accounting Firm. On the Effective Date, the Company maintained UHY LLP (“UHY”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, consistent with”
Auditor Changes
XBP Global Holdings, Inc. dismissed EisnerAmper LLP as its auditor.
“the Company dismissed EisnerAmper LLP (“Eisner”), the independent registered public accounting firm that audited the financial statements of the BPA Group (when it was a subsidiary of ETI), effective as of the Effective Date.”
Earnings Releases
XBP Global Holdings, Inc. reported the quarter ended March 31, 2024 results: revenue $40.4 million, net income $2.2 million.
“reference in such a filing. --- EX-99.1 (EX-99.1) --- XBP Europe Holdings, Inc. Reports First Quarter 2024 Results May 13, 2024 First Quarter Highlights ● Revenue of $40.4 million, down 5.7% year-over-year (7.3% on a constant currency basis) ● Gross margin grew to 24.6%, a 270 bps increase sequentially and 250 bps increase year-over-year ● Net loss of $2.2”
Listing & Compliance Notices
XBP Global Holdings, Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(C)).
“April 19, 2024, XBP Europe Holdings, Inc., a Delaware corporation (the “Company”), received a letter (the “Letter”) from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”). The Letter notified the Company that for the thirty (30) consecutive business days prior to the date of the Letter, the Company’s market value of publicly held shares (“MVPHS”) was below the $15 million required for continued listing on the Nasdaq Global Market (the “Nasdaq Global”) and therefore, the Company no longer meets Nasdaq Listing Rule 5450(b)(2)(C) (the “MVPHS Requirement”). The Letter is o”
Earnings Releases
XBP Global Holdings, Inc. reported the fiscal quarter and year ended December 31, 2023 results: revenue $166.6 million, net income $11.0 million.
“except as required by law. --- EX-99.1 (EX-99.1) --- XBP Europe Holdings, Inc. Reports Full Year 2023 Results April 1, 2024 Full Year Highlights ● 2023 revenue of $166.6 million, down 7.7% year-over-year (8.4% on a constant currency basis) ● Net loss of $11.0 million includes restructuring charges of $6.7 million and transaction fees of $3.0 million ●”
Auditor Changes
XBP Global Holdings, Inc. dismissed WithumSmith+Brown, PC as its auditor.
“dismissed WithumSmith+Brown, PC ("Withum") as the Company's independent registered public accounting firm, effective December 20, 2023”
Auditor Changes
XBP Global Holdings, Inc. engaged UHY LLP as its auditor.
“approved the engagement of UHY LLP ("UHY") as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023, effective December 20, 2023”
Governance Changes
XBP Global Holdings, Inc.: The Board ratified the existing amended and restated bylaws in connection with the closing; however no substantive bylaw amendment described.
“the Board ratified, approved and adopted the Amended and Restated Certificate of Incorporation and ratified the Company’s existing amended and restated bylaws”
Governance Changes
XBP Global Holdings, Inc.: Company ceased to be a shell company as a result of the merger.
“As a result of the Merger, which fulfilled the definition of a business combination as required by the Old Charter, the Company ceased to be a shell company (as defined in Rule 12b-2 of the Exchange Act) as of the Closing.”
Governance Changes
XBP Global Holdings, Inc.: Adopted a new Code of Business Conduct and Ethics following the consummation of the business combination (effective 2023-11-29).
“a new Code of Business Conduct and Ethics (the " Code of Conduct ")”
Governance Changes
XBP Global Holdings, Inc.: Amended and restated certificate of incorporation filed, authorizing 160M common and 10M preferred shares, effective upon closing of business combination (effective 2023-11-29).
“On the Closing Date, in connection with the consummation of the Business Combination, the Company’s amended and restated certificate of incorporation (the " Old Charter ") was amended and restated by the filing of the New Charter. The New Charter became effective upon filing with the Secretary of State of the State of Delaware on November 29, 2023”
M&A Transactions
XBP Global Holdings, Inc. underwent a change of control involving BTC International Holdings, Inc. and XBP Europe, Inc. (closed 2023-11-29).
“On November 29, 2023 (the “ Closing Date ”), XBP Europe Holdings, Inc., a Delaware corporation f/k/a CF Acquisition Corp. VIII (the “ Company ,” “ we ,” “ us ” or “ our ”), consummated the previously announced business combination (the “ Closing ”) pursuant to that certain Agreement and Plan of Merger, dated October 9, 2022”
Governance Changes
XBP Global Holdings, Inc.: Extended deadline to consummate initial business combination from September 16, 2023 to March 16, 2024 (effective 2023-09-14).
“On September 14, 2023, CF Acquisition Corp. VIII (the “ Company ”) filed a fourth amendment to the Company’s Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware (the “ Extension Amendment ”). The Extension Amendment extends the date by which the Company must consummate an initial business combination (the “ Business Combination ”) from September 16, 2023 to March 16, 2024 (or such earlier date as determined by the board of directors of the Company).”
Shareholder Votes
XBP Global Holdings, Inc. shareholders approved Extension Amendment, extending the date by which the Company must consummate a Business Combination from September 16, 2023 to March 16, 2024 at the 2023-09-14 meeting.
“On September 14, 2023, the Company held a special meeting of stockholders (the “ Meeting ”). At the Meeting, the Company’s stockholders approved the Extension Amendment, extending the date by which the Company must consummate a Business Combination from September 16, 2023 to March 16, 2024 (or such earlier date as determined by the board of directors of the Company) (the “ Extension Amendment Proposal ”). The final voting results for the Extension Amendment Proposal were as follows: For Against Abstain 7,799,983 97,268 0 In connection with the Meeting, stockholders holding 730,270 Public Shares exercised their right to redeem such shares for a pro rata portion of the funds in the Company’s trust account (the “ Trust Account ”).”
Steven Bisgay resigned as director at XBP Global Holdings, Inc..
“Effective on September 1, 2023, Steven Bisgay resigned from the board of directors of CF Acquisition Corp. VIII, a Delaware corporation (the “Company”).”
Shareholder Votes
XBP Global Holdings, Inc. shareholders approved Closing Charter Amendment Proposal 4E - Approve all other changes including eliminating certain SPAC-related provisions at the 2023-08-24 meeting.
“4E. A proposal to approve all other changes including eliminating certain provisions related to special purpose acquisition corporations that will no longer be relevant following the Closing. Class of Common Stock For Against Abstain CF VIII Class A Common Stock and CF VIII Class B Common Stock, voting as a single class 7,918,734 100,614 0 CF VIII Class A C”
Shareholder Votes
XBP Global Holdings, Inc. shareholders approved Closing Charter Amendment Proposal 4D - Eliminate certain restrictions on business combinations with affiliated parties at the 2023-08-24 meeting.
“4D. A proposal to eliminate certain restrictions on business combinations with affiliated parties. Class of Common Stock For Against Abstain CF VIII Class A Common Stock and CF VIII Class B Common Stock, voting as a single class 7,918,734 100,614 0 CF VIII Class A Common Stock, voting as a separate class 6,679,734 100,614 0 CF VIII Class B Common Stock, voting as a separate class 1,239,000 0 0”
Shareholder Votes
XBP Global Holdings, Inc. shareholders approved Closing Charter Amendment Proposal 4C - Increase the authorized shares of blank check preferred stock at the 2023-08-24 meeting.
“4C. A proposal to increase the authorized shares of “blank check” preferred stock of the Combined Entity. Class of Common Stock For Against Abstain CF VIII Class A Common Stock and CF VIII Class B Common Stock, voting as a single class 7,918,734 100,614 0 CF VIII Class A Common Stock, voting as a separate class 6,679,734 100,614 0 CF VIII Class B Common Stock, voting as a separate class 1,239,000 0 0”
Shareholder Votes
XBP Global Holdings, Inc. shareholders approved Closing Charter Amendment Proposal 4B - Eliminate the classes of Common Stock at the 2023-08-24 meeting.
“4B. A proposal to eliminate the classes of Common Stock. Class of Common Stock For Against Abstain CF VIII Class A Common Stock and CF VIII Class B Common Stock, voting as a single class 7,918,734 100,614 0 CF VIII Class A Common Stock, voting as a separate class 6,679,734 100,614 0 CF VIII Class B Common Stock, voting as a separate class 1,239,000 0 0”
Shareholder Votes
XBP Global Holdings, Inc. shareholders approved Closing Charter Amendment Proposal 4A - Change the Combined Entity's name to XBP Europe Holdings, Inc. at the 2023-08-24 meeting.
“4A. A proposal to change the Combined Entity’s name to “XBP Europe Holdings, Inc.” Class of Common Stock For Against Abstain CF VIII Class A Common Stock and CF VIII Class B Common Stock, voting as a single class 7,918,734 100,614 0 CF VIII Class A Common Stock, voting as a separate class 6,679,734 100,614 0 CF VIII Class B Common Stock, voting as a separate class 1,239,000 0 0”
Shareholder Votes
XBP Global Holdings, Inc. shareholders approved Approval of issuance of shares of Class A Common Stock pursuant to the Merger Agreement for Nasdaq compliance (Nasdaq Proposal) at the 2023-08-24 meeting.
“Proposal No. 3 – The Nasdaq Proposal. A proposal to approve, for purposes of complying with The Nasdaq Stock Market Listing Rule 5635, the issuance of a maximum of 23,748,940 shares of Class A Common Stock pursuant to the Merger Agreement. For Against Abstain 7,918,734 100,614 0”
Shareholder Votes
XBP Global Holdings, Inc. shareholders approved Election of five directors to serve on the board of directors of the Combined Entity at the 2023-08-24 meeting.
“Director Nominee For Against Abstain Par Chadha (Class III director) 7,918,734 100,614 0 Andrej Jonovic (Class II director) 7,918,734 100,614 0 James G. Reynolds (Class II director) 7,918,734 100,614 0 Marc. A. Beilinson (Class I director) 7,918,734 100,614 0 J. Coley Clark (Class I director) 7,918,734 100,614 0”
Shareholder Votes
XBP Global Holdings, Inc. shareholders approved Proposal to approve and adopt the Merger Agreement and to approve the Business Combination at the 2023-08-24 meeting.
“Proposal No. 1 – The Business Combination Proposal. A proposal to approve and adopt the Merger Agreement and to approve the Business Combination, in each case as defined and further described in the Proxy Statement. For Against Abstain 7,918,734 100,614 0”
Governance Changes
XBP Global Holdings, Inc.: Extended deadline to consummate business combination from March 16, 2023 to September 16, 2023 or earlier date determined by board (effective 2023-03-15).
“On March 15, 2023, the Company filed a third amendment to the Company’s Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware (the “ Extension Amendment ”). The Extension Amendment extends the date by which the Company must consummate the Business Combination from March 16, 2023 to September 16, 2023 (or such earlier date as determined by the board of directors of the Company).”
Shareholder Votes
XBP Global Holdings, Inc. shareholders approved Extension Amendment Proposal to extend the date to consummate a Business Combination at the 2023-03-14 meeting.
“On March 14, 2023, the Company held a special meeting of stockholders (the “ Meeting ”). At the Meeting, the Company’s stockholders approved the Extension Amendment, extending the date by which the Company must consummate a Business Combination from March 16, 2023 to September 16, 2023 (or such earlier date as determined by the board of directors of the Company) (the “ Extension Amendment Proposal ”). The final voting results for the Extension Amendment Proposal were as follows: For Against Abstain 8,804,026 330,028 0”
Debt Financings
XBP Global Holdings, Inc. incurred loan of up to $344,781.36 with CFAC Holdings VIII, LLC at no interest maturing the earlier of (a) the date of the consummation of the Business Combination or (b) the date of the liquidation of the Company.
“On March 15, 2023, CF Acquisition Corp. VIII (the “ Company ”) issued a promissory note (the “ Note ”) in the principal amount of up to $344,781.36 to CFAC Holdings VIII, LLC (the “ Sponsor ”), pursuant to which the Sponsor agreed to loan to the Company up to such amount in connection with the extension of the Company’s time to consummate a business combination from March 16, 2023 to September 16, 2023 (or such earlier date as determined by the board of directors of the Company) (the “ Extension ”).”
Material Agreements
XBP Global Holdings, Inc. entered into Note with CFAC Holdings VIII, LLC valued at up to $344,781.36 (effective 2023-03-15).
“On March 15, 2023, CF Acquisition Corp. VIII (the “ Company ”) issued a promissory note (the “ Note ”) in the principal amount of up to $344,781.36 to CFAC Holdings VIII, LLC (the “ Sponsor ”), pursuant to which the Sponsor agreed to loan to the Company up to such amount in connection with the extension of the Company’s time to consummate a business combination from March 16, 2023 to September 16, 2023”
Robert Sharp was appointed as Director at XBP Global Holdings, Inc..
“Effective March 16, 2022, the board of directors (the “ Board ”) of CF Acquisition Corp. VIII (the “ Company ”) appointed Mark Kaplan and Robert Sharp as members of the Board.”
Mark Kaplan was appointed as Director at XBP Global Holdings, Inc..
“Effective March 16, 2022, the board of directors (the “ Board ”) of CF Acquisition Corp. VIII (the “ Company ”) appointed Mark Kaplan and Robert Sharp as members of the Board.”
Steven Bisgay was elected as Director at XBP Global Holdings, Inc..
“Additionally, the Board elected Steven Bisgay as a director and as a member of the audit committee of the Board (the “ Audit Committee ”).”
Jane Novak was appointed as Chief Financial Officer at XBP Global Holdings, Inc..
“Effective July 8, 2021, the board of directors (the “ Board ”) of CF Acquisition Corp. VIII (the “ Company ”) appointed Jane Novak as interim Chief Financial Officer of the Company.”
Alice Chan resigned as Director at XBP Global Holdings, Inc..
“Ms. Chan resigned as Chief Financial Officer, director and member of the Audit Committee on July 5, 2021 in order to pursue other endeavors.”
Alice Chan resigned as Chief Financial Officer at XBP Global Holdings, Inc..
“Ms. Chan resigned as Chief Financial Officer, director and member of the Audit Committee on July 5, 2021 in order to pursue other endeavors.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.