Summary by Futu AI
XBP Europe Holdings, Inc. has filed an amendment to its Schedule 13D with the Securities and Exchange Commission (SEC), reporting a change in ownership by CFAC Holdings VIII, LLC, Cantor Fitzgerald, L.P., CF Group Management, Inc., and Howard W. Lutnick. The amendment, dated March 12, 2024, indicates a decrease in the number of shares owned by CFAC due to the sale of 100,676 shares at an average price of $11.43 on December 14, 2023, and a donation of 537,500 shares to a non-profit organization. The transactions were authorized by the Issuer's Audit Committee and Board of Directors under Rule 16b-3. The Reporting Persons now collectively own 6,449,404 shares, representing 21.1% of the company, based on 30,166,102 shares outstanding as of February 7, 2024. The filing also details the control structure, with...Show More