Company purchased 100% of the membership interests in GP 2XCV Holdings LLC from ETI for shares of XBP Common Stock.
GP 3XCV LLC and XCV-STS, LLC
Amount not stated
July 29, 2025
Company issued Common Stock purchase warrants to these ETI affiliates in connection with the Restructuring.
With the Company
Open in proxy
Consenting ETI Parties (including GP 3XCV LLC and XCV-STS, LLC)
affiliates of ETI
Up to an initial obligation of $15,000,000
July 29, 2025
Tax Funding Agreement under which the ETI parties agreed to fund certain transaction tax liabilities arising from the Restructuring.
With BPA, as Agent
Open in proxy
HandsOn Global Management LLC (HGM)
affiliated with Par Chadha, Chairman of the Board, and Andrej Jonovic, CEO and director
Approximately $2.4 million
August 1, 2025 to December 31, 2025 (Successor)
Master Agreements providing technology and services to the Company, with expenses for outsourced processing, automation and platform subscriptions.
HandsOn Global Management (HGM) Limited
affiliate of HGM, which is affiliated with Par Chadha and Andrej Jonovic
$0.1 million
August 1, 2025 to December 31, 2025 (Successor)
Operating facility lease (HOV Lease) with rental expense.
With Company operating subsidiary
Open in proxy
HandsOn Global Management (HGM) Limited
affiliate of HGM, which is affiliated with Par Chadha and Andrej Jonovic
Approximately $0.4 million
August 1, 2025 to December 31, 2025 (Successor)
Data capture and technology services provided to the Company.
With the Company
Open in proxy
HandsOn Global Management LLC (HGM)
affiliated with Par Chadha and Andrej Jonovic
Less than $0.1 million
August 1, 2025 to December 31, 2025 (Successor)
Assignment of a portion of the Company's rights in a building lease to HGM; rental income from the Assigned Lease.
Aideo Technology LLC
affiliate of HGM
$0.5 million
August 1, 2025 to December 31, 2025 (Successor)
Master services agreements under which the Company provides medical coding and AWS hosting management services to Aideo; revenue recognized.
With the Company
Open in proxy
Nventr, LLC
portfolio company of HGM
$0.4 million
August 1, 2025 to December 31, 2025 (Successor)
Service agreement for AI analytics solutions; related party expenses.
With the Company
Open in proxy
HandsOn Global Management (HGM) Limited
affiliate of HGM, which is affiliated with Par Chadha and Andrej Jonovic
$2.0 million
August 1, 2025 to December 31, 2025 (Successor)
Service agreement to provide an alternate source for business process outsourcing and financial transaction processing.
With the Company
Open in proxy
Amount not stated
As of December 31, 2025
Avenue has been a lender under the Super Senior Term Loan and has held a portion of the July 2030 Notes.
With the Company
Open in proxy
$4.0 million
February 13, 2026
Amendment to the Super Senior Term Loan under which Avenue agreed to extend incremental term loans.
With the Company
Open in proxy
Gates Capital
holder of approximately 27.13% of Common Stock
Amount not stated
As of December 31, 2025
Gates Capital has held a portion of the July 2030 Notes and has been a lender under the Super Senior Term Loan.
With the Company
Open in proxy
Randal Klein
independent director; employed by Avenue as Senior Portfolio Manager
$100,000 annual cash retainer
effective September 5, 2025
Director cash retainer directed to be paid to his employer, Avenue Capital.
With Avenue Capital
Open in proxy
HandsOn Global Management LLC (HGM)
affiliated with Par Chadha, Chairman, and served ETI as Executive Chairman
$4.5 million
January 1, 2025 to July 31, 2025 (Predecessor)
Master Agreements fees for technology and services during the Predecessor period.
HandsOn Global Management (HGM) Limited
Approximately $0.8 million
January 1, 2025 to July 31, 2025 (Predecessor)
Data capture and technology services provided to the Predecessor.
With the Predecessor
Open in proxy
Doctors of Waikiki LLP (DOW)
affiliate under common control with HGM
$0
January 1, 2025 to July 31, 2025 (Predecessor)
Master services agreement with statements of work for collection services and insurance billing and denial management; no income recognized in the period.
With the Predecessor
Open in proxy
ETI subsidiaries holding April 2026 Notes
subsidiaries of ETI formed to acquire and hold the Predecessor's April 2026 Notes
$13.7 million
January 1, 2025 to July 31, 2025 (Predecessor)
Holding of $368.8 million of April 2026 Notes by ETI subsidiaries; net interest expense recorded.
With the Predecessor
Open in proxy
ETI
former parent of the Predecessor
$1.2 million
January 1, 2025 to July 31, 2025 (Predecessor)
Reimbursement to ETI for costs incurred to support the Predecessor business, recharged after carve-out.
With the Predecessor
Open in proxy
XBP Europe Holdings, Inc.
subsidiary of ETI and affiliate of the Predecessor until the Business Combination
$0.4 million
January 1, 2025 to July 31, 2025 (Predecessor)
Predecessor purchased products and services from XBP Europe.
With the Predecessor
Open in proxy
XBP Europe Holdings, Inc.
subsidiary of ETI and affiliate of the Predecessor until the Business Combination
$0.8 million
January 1, 2025 to July 31, 2025 (Predecessor)
Predecessor earned service fees for management and services provided to XBP Europe.
With the Predecessor
Open in proxy
XBP Europe Holdings, Inc.
subsidiary of ETI and affiliate of the Predecessor until the Business Combination
$0.1 million
January 1, 2025 to July 31, 2025 (Predecessor)
Intercompany loan agreements (Related Party Notes Receivable) with XBP Europe, since terminated; related party interest income earned.
With the Predecessor
Open in proxy
Matt Reynolds
brother of James Reynolds, a director and Chairman of the Audit Committee
In excess of $120,000
fiscal year ended December 31, 2025
Employment as Vice President - Finance with aggregate compensation of base salary and bonus.
With the Company
Open in proxy
