Gates Capital Management's Ownership in XBP Global Holdings

The SEC filing reports the ownership of Gates Capital Management, L.P. and its related entities in XBP Global Holdings, Inc. (XBP). Gates Capital Management, L.P. acts as the investment manager for certain funds that directly hold the securities. The filing indicates that Gates Capital Management, L.P., its general partner Gates Capital Management GP, LLC, its managing member Gates Capital Management, Inc., and Jeffrey L. Gates, the President of the Corporation, may be deemed to share beneficial ownership of the securities. However, each entity disclaims beneficial ownership except to the extent of its pecuniary interests. The filing reports that these entities collectively own 31,931,506 shares of common stock in XBP Global Holdings, Inc. as of July 29, 2025. The filing is of medium importance as it provides transparency into the ownership structure of XBP Global Holdings, Inc.