Avenue Capital and Marc Lasry Reveal 12.8% Stake in XBP Global Following $6.05M Private Placement
XBP sits 66% above its 52-week low of $2.
Summary
Marc Lasry and Avenue Capital funds now hold 12.8% of XBP Global Holdings after participating in the company's $6.05 million private placement, with a resale registration statement due by September 22, 2026.
Key Events · Ownership and Investor Activity · XBP
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Avenue Capital Discloses 12.8% Stake
Marc Lasry and affiliated Avenue Capital funds beneficially own 1,810,789 shares of XBP Global Holdings, representing 12.8% of the 14,156,584 shares outstanding as of September 15, 2026.
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Private Placement Participation
Avenue entities purchased 600,000 shares at $2.83 per share as part of the $6.05 million private placement that closed September 15, 2026; the remaining shares were sold at $2.55 per share.
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Registration Rights Deadline
The Registration Rights Agreement requires XBP to file a resale registration statement for the private placement shares no later than September 22, 2026, which would make the shares freely tradable.
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Distressed-Debt Investor Backing
The stake comes after XBP disclosed a $16.7 million Q2 net loss, debt covenant breaches, and a European restructuring charge in August 2026.
Analysis · XBP · Trade & Services
This Schedule 13D/A shows that Marc Lasry and his affiliated Avenue Capital funds now beneficially own 1,810,789 shares of XBP Global Holdings, representing 12.8% of the company's outstanding common stock. The stake was built through the $6.05 million private placement that closed September 15, 2026, in which Avenue entities purchased 600,000 shares at $2.83 per share. The filing also discloses a registration rights agreement requiring XBP to file a resale registration statement by September 22, 2026, which would make these shares freely tradable and could create near-term selling pressure. The disclosure comes amid XBP's ongoing financial distress — the company reported a $16.7 million Q2 net loss, debt covenant breaches, and a European restructuring charge in August 2026. A distressed-debt investor taking a 12.8% stake in a company with covenant breaches is a notable governance and capital-structure development.
How filings like this one have moved
In the 30 days to Sep 17, 2026, 29.5% of the 1699 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.34%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, XBP was trading at $3.31 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $37.8M. The 52-week trading range was $2.00 to $13.00. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.