Article

Xalles Holdings Inc. has completed a series of reorganization activities, including divesting its stake in Gateway Innovations Limited, Appy Perks, Inc., and Artemis Defense Technologies UK Ltd. The company has also discontinued Xalles Studio and Xalles Advisors, reducing its total debt by over $3 million. Xalles will focus on fundraising for growth capital related to its Adaptive clients, which include Bank of America and Deloitte Consulting.