QXO news

QXO announced the appointment of Ken West as President and COO, effective September 1, 2026. His high-impact operational leadership at Honeywell is expected to support QXO's rapid scale and value creation ambitions.

Paul Weiss is providing legal an opinion on the authorized shares of common stock and preferred stock for the Company's registration statement.

QXO outlines its roadmap for the $18 billion platform following the acquisitions of Beacon, Kodiak, and TopBuild. The company focuses on digital transformation and operational efficiencies to drive value in the fragmented building products market.

Titanium MergerCo 2, LLC filed a certificate of formation in Delaware. This document establishes the registered office and agent for the upcoming merger activities.

QXO, Inc. amended the terms of its Series C Convertible Perpetual Preferred Stock, increasing the number of authorized shares to 300,000 and the stated value to $10,000 per share. This legal filing impacts the capital structure available to the company for convertible financing.

QXO has accepted for purchase nearly $1.25 billion of TopBuild Corp.'s senior notes, representing over 99% of the outstanding principal. This successful tender offer coincides with QXO's pending acquisition of TopBuild and sets the stage for the deal's closing.

QXO and TopBuild stockholders approved the merger agreement and share issuance. The transaction is expected to close on July 1, 2026.

TopBuild and QXO stockholders overwhelmingly approved the proposed merger agreement at their respective special meetings today. The transaction is expected to close on or about July 1, 2026, pending customary closing conditions.

QXO Building Products executed an indenture for two tranches of senior notes with Wilmington Trust as trustee. The offering establishes debt obligations with specific covenants and redemption provisions for the building products company.

TopBuild Corp announced a blackout period beginning June 24, 2026 in connection with its merger with QXO Inc, restricting directors and executive officers from trading company equity securities. The pre-merger blackout period is expected to end July 1, 2026, with the full blackout extending through …

QXO announced early tender results for TopBuild's $500M and $750M senior notes, with 99.54% and 99.72% participation rates respectively. The requisite consents were obtained to amend the note indentures as part of QXO's pending acquisition of TopBuild.

TopBuild stockholders must elect by June 29, 2026 to receive either $505 cash or 20.2 QXO shares per share held. The merger combines QXO, North America's largest roofing distributor, with TopBuild, the largest insulation distributor.

TopBuild stockholders must elect by June 29, 2026 to receive either $505 cash or 20.200 QXO shares per share held. The merger combines QXO, a leading building products distributor, with TopBuild, the largest insulation distributor in North America, creating significant consolidation in the $800 bill…

QXO's subsidiary priced $1.5B of 6.5% notes due 2031 and $1.5B of 6.875% notes due 2034 at par, with proceeds to fund the previously announced TopBuild Corp acquisition. The offering demonstrates QXO's financing strategy for a major M&A transaction in the building materials distribution sector.

QXO Building Products intends to offer $1.5B in 2031 notes and $1.5B in 2034 notes to finance the previously announced TopBuild Corp acquisition and related transactions. The offering is significant for funding a major consolidation in the building products distribution industry.

QXO commenced tender offers to purchase TopBuild's $500M 2032 notes and $750M 2034 notes at $1,011.25 per $1,000 principal amount as part of its pending acquisition. The move aims to streamline TopBuild's capital structure by eliminating change of control provisions and restrictive covenants.