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Shrikant Sortur, Exela’s Chief Financial Officer, noted, “We are very encouraged by this overwhelming support from our retail investors and our shareholders at large, along with stabilizing business performance. As an initial step, Exela intends to target an annual debt service reduction of $25 million. The Company plans to use certain proceeds from the equity program to strategically reduce its debt and associated interest expense obligations as well as explore ways to invest in its growth, in line with the previously announced strategic initiative.
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IRVING, Texas, J(GLOBE NEWSWIRE) - Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ:XELA), a location-agnostic global business process automation (“BPA”) leader across numerous industries, today announced that its recently announced $150 million at-the-market equity program has significantly improved its liquidity position by raising $85 million of proceeds. $205 million of cash and cash equivalents on hand as of June 30, 2021, not including additional borrowing availability under various credit facilities.Proceeds will primarily be used to reduce debt and lower associated annual interest expense by approximately $25 million and fund growth opportunities, in line with previously announced strategic initiatives.$85 million raised under the $150 million at-the-market equity program launched on June 30, 2021.Enhance your employee and visitor experience, optimize space and energy usage, and streamline daily processes with Exela’s interconnected workplace technologies.
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Accelerate your digital transformation with rapidly deployable enterprise software and automation technologies, unified within a single, cloud-hosted platform.This is a record on the CVE List, which provides common identifiers for publicly known cybersecurity vulnerabilities. Necessarily indicate when this vulnerability wasĭiscovered, shared with the affected vendor, publicly The CVE ID was allocated or reserved, and does not FULLDISC:20190327 Cisco RV320 Command Injection Retrievalĭisclaimer: The record creation date may reflect when.CISCO:20190123 Cisco Small Business RV320 and RV325 Routers Command Injection Vulnerability.BUGTRAQ:20190327 Cisco RV320 Command Injection Retrieval.Note: References are provided for the convenience of the reader to help distinguish between vulnerabilities. Cisco has released firmware updates that address this vulnerability. A successful exploit could allow the attacker to execute arbitrary commands on the underlying Linux shell as root. An attacker could exploit this vulnerability by sending malicious HTTP POST requests to the web-based management interface of an affected device. The vulnerability is due to improper validation of user-supplied input. A vulnerability in the web-based management interface of Cisco Small Business RV320 and RV325 Dual Gigabit WAN VPN Routers could allow an authenticated, remote attacker with administrative privileges on an affected device to execute arbitrary commands.