Here are the 8-K filings from Xerox Holdings Corporation Warrants (XRXDW) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
An 8-K covers material events a company has to report between its quarterly reports, so if you follow XRXDW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full XRXDW filings page.
Xerox Holdings Corporation (XRX) entered an exchange support agreement for an offer covering approximately $174.0 million aggregate principal amount of its 5.500% Senior Notes due 2028, about 31.1% of outstanding principal. Under the proposed terms, each $1,000 principal amount exchanged would receive $690 principal amount of Xerox Corporation’s newly issued 10.250% Senior Secured First Lien Notes due 2030 and $60 in value of Holdings common stock, or, in limited circumstances, an additional $60 principal amount of new notes.
The exchange is expected to close on or about November 13, 2026, subject to limited conditions; the early exchange deadline is November 12, 2026. It is structured as a cashless exchange other than transaction expenses, and cash interest is expected to remain approximately neutral. Upon completion, overall debt principal is expected to fall by approximately $53 million, while $121 million of debt maturing in 2028 is expected to extend to 2030. The term-loan amendment was entered into but becomes operative only at settlement; it would add a negative covenant limiting the companies’ ability to permit certain entities to incur debt or issue equity. The companies also agreed to use commercially reasonable efforts to have Holdings file a resale registration statement for exchange shares on or before settlement.
Xerox Holdings Corp (XRX), reporting combined results with Xerox Corporation, recorded third-quarter 2026 revenue of $1.868 billion, down 4.7% year over year. GAAP net loss was $1.015 billion ($7.73 per share), including a $959 million non-cash goodwill impairment. Adjusted net income was $7 million ($0.02 per share), down $20 million year over year. Adjusted operating income rose to $124 million from $65 million, with a 6.6% margin, up 330 basis points. Operating cash flow was $30 million versus $116 million; free cash flow was $7 million versus $88 million.
Full-year 2026 guidance is approximately $7.6 billion in revenue, $450-$475 million in adjusted operating income and $50-$100 million in free cash flow; the adjusted operating income and free cash flow outlooks were reduced from $555-$605 million and $250 million, respectively. Management cited higher input costs, a weaker market outlook and lower IT Solutions profit, and announced suspension of common and preferred dividends. Xerox also announced an exchange of $174 million of 5.50% 2028 Senior Notes for $121 million of 10.25% 2030 Senior Secured Notes and $9 million in equity.
Xerox Holdings Corporation and Xerox Corporation approved a new 2026–2028 Transformation Retention Award Plan effective July 1, 2026. The plan is a limited-duration cash program intended to retain key employees during the company’s multi-year transformation and supplements existing incentive plans.
Eligible participants include certain executive officers, senior leaders and other critical employees of the company and its subsidiaries, though the Chief Executive Officer and Chief Financial Officer are not expected to participate. Awards are cash-based and may be set as a fixed amount or as a percentage of base salary or target annual bonus, vesting in eight substantially equal quarterly installments over two years.
Vesting generally requires continued employment. Unvested installments are forfeited upon termination, except in specified cases related to a Change in Control, where the Compensation and Human Capital Committee may accelerate vesting or provide full vesting if employment is terminated without Cause or for Good Reason within 12 months following such a transaction.
Xerox Holdings Corporation held its 2026 annual meeting of shareholders on May 20, 2026. Shareholders approved an amendment to the Xerox Holdings Corporation 2024 Equity and Performance Incentive Plan, which increases the number of shares of common stock available for issuance under the plan by 15,000,000 shares.
The plan, originally approved on May 22, 2024, continues to run through May 22, 2034 unless ended earlier by the Compensation and Human Capital Committee. Shareholders also elected directors and approved other proposals, with final voting results certified by the company’s independent inspector of election.
Xerox Holdings Corporation reported first-quarter 2026 revenue of $1.85 billion, up 26.7% year-over-year, helped by the Lexmark acquisition and stronger print activity. Despite this growth, the company posted a GAAP net loss of $105 million, or $0.84 per share, as higher amortization, restructuring and transformation costs weighed on results.
On a non-GAAP basis, adjusted net loss was $51 million, or $0.43 per share, while adjusted operating income rose to $72 million and adjusted operating margin improved to 3.9% from 1.5%, reflecting cost savings and Lexmark synergies. Free cash flow was negative $165 million due to seasonal working capital and investment needs.
Management highlighted strategic milestones including Lexmark integration progress, a stronger print sales pipeline, 31% growth in production installs, and double-digit growth in IT Solutions bookings and billings. Xerox raised $450 million via an IP joint venture with TPG Angelo Gordon and repurchased $101 million of 2028 Senior Notes. The company reaffirmed its 2026 outlook for revenue above $7.5 billion, adjusted operating income of $450–$500 million, and approximately $250 million of free cash flow.
Xerox Holdings Corporation announced a leadership transition, appointing Louis (Louie) J. Pastor as Chief Executive Officer effective March 31, 2026, succeeding Steve Bandrowczak. Pastor also joins the Board and will stand for re-election at the upcoming annual meeting.
Under an offer letter, Pastor receives a $900,000 annual base salary, a target annual bonus of 150% of salary, and a 2026 long-term incentive award targeted at $6 million, with future grants at the Board committee’s discretion. He remains eligible for benefits under Xerox’s Officer Severance Program and existing change-in-control protections.
Bandrowczak will receive severance and continued prorated vesting of outstanding restricted stock units through March 31, 2028, subject to signing a release that includes 24-month non-compete and non-solicitation covenants and a 36-month cooperation obligation. He will also provide transition advice for 90 days and may earn a prorated 2026 bonus, subject to performance and approval. Xerox reaffirmed its full-year 2026 financial guidance.