StockWatch
·
RETAIL: Building Materials
ShareholdingApr 29, 2026, 05:12 PM

QXO Files for Resale of 95.8M Common Shares & 192.5K Preferred Shares

AI Summary

QXO, Inc. filed a prospectus supplement on April 29, 2026, covering the resale of shares by certain selling stockholders. The filing includes 95,876,547 shares of common stock, which comprises 13,066,710 outstanding shares and 82,809,837 shares issuable upon conversion of Series C Convertible Perpetual Preferred Stock. Additionally, 192,533 shares of Preferred Stock are covered for resale.

Key Highlights

  • QXO filed a prospectus supplement for the resale of shares by selling stockholders.
  • The filing covers 95,876,547 shares of common stock.
  • This includes 13,066,710 outstanding common shares.
  • Also includes 82,809,837 common shares issuable upon conversion of Preferred Stock.
  • The filing also covers 192,533 shares of Series C Convertible Perpetual Preferred Stock.
  • A legal opinion from Paul, Weiss, Rifkind, Wharton & Garrison LLP was filed.