STARTEEPO Invest Acquires 5% Stake in Xerox Holdings Corporation
Prague-based alternative investment fund STARTEEPO Invest has announced the acquisition of a significant equity position in Xerox Holdings Corporation. As of the announcement date, STARTEEPO and its affiliates beneficially own 6.6 million shares, representing approximately 5.05% of Xerox's outstanding common stock. The firm has filed a Schedule 13D with the U.S. Securities and Exchange Commission to disclose this investment. STARTEEPO characterizes Xerox as a deep value opportunity and one of the largest positions in its portfolio, citing strong conviction in the company's long-term potential. The investment thesis is supported by Xerox's balance sheet initiatives, operational improvements, and its role in a consolidating industry. STARTEEPO intends to act as a constructive, long-term shareholder and may engage with Xerox's management and Board of Directors regarding strategy, capital structure, and value enhancement opportunities. František Bostl, Chairman of STARTEEPO Invest, expressed honor in becoming part of the history of the iconic technology company. The fund focuses on high-conviction public equity opportunities using a fundamental, long-term approach.
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