HOF III Liquidating Partnership LP and Affiliates File Schedule 13D for XBP Global Holdings, Inc.

HOF III Liquidating Partnership LP, along with its affiliates VM GP VII LLC, HoldCo Asset Management, LP, VM GP II LLC, Michael Zaitzeff, and Vikaran Ghei, have filed a Schedule 13D with the SEC regarding their holdings in XBP Global Holdings, Inc. The filing discloses that HOF III acquired 7,871,416 shares of common stock, representing 6.7% of the outstanding shares, as part of a reorganization plan following the Chapter 11 bankruptcy of Exela Technologies BPA, LLC and its affiliates. The shares were acquired in exchange for certain senior secured notes and claims under a debtor-in-possession credit facility. The Reporting Persons have entered into a Joint Filing Agreement and may engage in discussions with the Issuer's management and board regarding potential business combinations, dispositions, or other strategic actions.