XBP Europe Holdings Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
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Item 8.01 Other Events.
As previously disclosed, during the third quarter of fiscal year 2024, XBP Europe Holdings, Inc. (the “Company”) determined that its on-demand printing operations met the criteria for classification as held for sale and accordingly classified such business as a discontinued operation because it represented a significant strategic shift that will have a major effect on the Company’s operations and financial results. As a result, beginning in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 filed with the SEC on November 12, 2024 (the “Third Quarter Form 10‑Q”), the Company presented the operating results of on-demand printing operations as discontinued operations in its condensed consolidated financial statements for all periods presented.
The Company is filing this Current Report on Form 8-K to reissue the Company's retrospectively revised and recast historical consolidated financial statements and other information included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 previously filed with the Securities and Exchange Commission (the “SEC”) on April 1, 2024 (the “2023 Form 10-K”), as well as the Company’s Quarterly Reports on Form 10-Q for the fiscal periods ended March 31, 2024 and June 30, 2024 previously filed with the SEC on May 13, 2024 and August 12, 2024, respectively (the “First Quarter 10-Q” and the “Second Quarter 10-Q”, respectively, and together with the 2023 Form 10-K, the “Previous Filings”), to reflect the presentation of the on-demand printing operations as discontinued operations. The information included in Exhibits 99.1, 99.2 and 99.3 to this Form 8-K presents the financial results of the on-demand printing operations as a discontinued operation and retroactively adjusts discussions, amounts and financial statements to reflect such for all periods presented.
The information included in Exhibits 99.1, 99.2 and 99.3 to this Form 8-K is presented in connection with the reporting changes described above and does not otherwise amend or restate the Company’s audited consolidated financial statements that were included in the 2023 Form 10-K or the unaudited interim consolidated financial statements that were included in the First Quarter 10-Q or the Second Quarter 10-Q. Unaffected items and unaffected portions of the Previous Filings have been repeated herein to ensure an understanding and completeness of continuing operations, and have not been amended or modified by Exhibits 99.1, 99.2 and 99.3 to this Form 8-K.
Exhibits 99.1, 99.2 and 99.3 to this Form 8-K does not reflect events occurring after the dates of the Previous Filings, and does not modify or update the disclosures therein in any way, other than to reflect the presentation of the on-demand printing operations as discontinued operations. This Current Report on Form 8-K should be read in conjunction with our other filings made with the SEC, including, and subsequent to, the date of the 2023 Form 10-K. Without limiting the foregoing, this filing does not purport to update management’s discussion and analysis of financial condition and results of operations contained in the Previous Filings any information, uncertainties, transactions, risks, events or trends occurring, or known to management, other than the events described above. For developments since the filing of the 2023 Form 10-K, please refer to the Company's subsequent Current Reports on Form 8-K and Quarterly Reports on Form 10-Q. The information in this Form 8-K, including the exhibits, should be read in conjunction with the 2023 Form 10-K and subsequent SEC filings.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: February 14, 2025
XBP EUROPE HOLDINGS, INC. | ||
By: | /s/ Dejan Avramovic | |
Dejan Avramovic | ||
Chief Financial Officer | ||