Exela Technologies, Inc. traces its public-market origins to Quinpario Partners 2 Corp. (Nasdaq: QPAC), a blank-check vehicle sponsored by Quinpario Partners that completed its initial public offering in 2014. The SPAC merged with Exela Technologies in 2017, bringing the business process automation and digital transformation services company to market under the ticker XELA. In January 2025, the company filed a Form 15-12G with the SEC — a notice of termination of registration under Section 12(g) of the Exchange Act — for a class of securities still carrying the legacy QPAC registration, formally closing out that original filing. To explore the full deal history, filings, and sponsor data for this transaction, sign up for complete access at SpacDesk.