On November 21, 2024, Ajit Singh Chadha filed a Schedule 13D with the SEC, reporting beneficial ownership of 3,100,388 shares of Exela Technologies, representing 11.17% of the class. The shares are held by The Rifles Trust, for which Chadha is the sole trustee and beneficiary.The filing includes shares acquired through the conversion of Series A and B Preferred Stock and distributions from HOF 2, LLC, Adesi 234, LLC, and HandsOn Global Management, LLC. No purchase price or payment was made for these transactions.The filing reflects changes in ownership due to recent exchanges and distributions, with an amended Schedule 13D to be filed upon approval of a separate CIK code for The Rifles Trust.

On November 21, 2024, Ajit Singh Chadha filed a Schedule 13D with the SEC, reporting beneficial ownership of 3,100,388 shares of Exela Technologies, representing 11.17% of the class. The shares are held by The Rifles Trust, for which Chadha is the sole trustee and beneficiary.The filing includes shares acquired through the conversion of Series A and B Preferred Stock and distributions from HOF 2, LLC, Adesi 234, LLC, and HandsOn Global Management, LLC. No purchase price or payment was made for these transactions.The filing reflects changes in ownership due to recent exchanges and distributions, with an amended Schedule 13D to be filed upon approval of a separate CIK code for The Rifles Trust.