QXO, Inc. 8-K

What Happened
QXO, Inc. announced on Jan. 15, 2026 (8-K filed Jan. 20, 2026) that it entered into an underwriting agreement with BofA Securities to sell 31,645,570 shares of common stock at $23.80 per share. The company granted the underwriter an option to purchase up to an additional 4,746,835 shares. QXO issued a press release about the offering and the company’s legal opinion on the offering’s legality is being filed as an exhibit.

Key Details

• Underwriting agreement dated January 15, 2026 with BofA Securities, Inc.
• 31,645,570 shares priced at $23.80 per share; underwriter option for 4,746,835 additional shares.
• Expected net proceeds of approximately $750 million (about $862.5 million if the option is fully exercised).
• Offering conducted under the company’s Form S-3ASR registration statement (File No. 333-281084); press release attached as Exhibit 99.1.

Why It Matters
This is a material capital-raising event: the offering will provide QXO with substantial cash proceeds to support operations, growth initiatives or balance-sheet needs. If the underwriter exercises its option, proceeds and dilution will be larger. The filing confirms the offering is registered with the SEC and includes customary underwriter protections (including indemnification), which are standard but relevant to investors evaluating timing and potential dilution.