Xalles Holdings Announces Significant Balance Sheet Improvements to Strengthen Financial Position

Xalles Holdings Inc. has announced improvements to its balance sheet and capitalization table designed to strengthen the company's financial position. Management negotiated the return of approximately 340 million common shares back to treasury, which has the net effect of increasing the price-to-earnings ratio for common shareholders. This significant reduction in outstanding shares represents a strategic move to enhance shareholder value and improve key financial metrics that investors monitor closely.

The company also confirmed it currently has no convertible debt on its balance sheet, a development that will be reflected in upcoming financial statements and the Annual Report to be published in coming weeks. Several smaller convertible notes were paid off in recent months, and management negotiated a revised consolidated, non-convertible note with the largest noteholder. This restructuring has reduced potential interest and fees payments by approximately $1,600,000, providing substantial savings that can be redirected toward corporate growth initiatives.

Xalles CEO Bob Trevelyan stated that the company has transformed its balance sheet to improve its strength and is now better positioned for corporate growth and increasing shareholder value. These financial improvements come as the company focuses on developing cutting-edge technology-based solutions across various sectors with an emphasis on supporting disruptive companies. The balance sheet enhancements provide a stronger foundation for Xalles' strategy of seeking acquisition targets with solid management teams, robust business models, expansive total attainable markets, and enticing exit opportunities.

The company's financial filings are available through regulatory channels including the Edgar Archives of the Securities and Exchange Commission at https://www.sec.gov and OTC Markets at https://www.otcmarkets.com. These balance sheet improvements represent a significant milestone for Xalles as it positions itself to capture recurring revenue streams through industry-leading solutions. The elimination of convertible debt and reduction of outstanding shares through treasury returns creates a cleaner capital structure that may appeal to both current and potential investors evaluating the company's financial health and growth prospects.