NYSE:QXOTrade Distributors
How QXO’s US$753 Million Follow-on Equity Raise At QXO (QXO) Has Changed Its Investment Story
In mid-January 2026, QXO, Inc. completed a follow-on equity offering of approximately US$753.16 million, issuing 31,645,570 common shares at US$23.80 each with a US$0.10 discount per share.
This transaction forms part of a broader US$3 billion equity funding effort, signaling substantial financial backing for QXO’s acquisition-focused push in building products distribution and specialty contractor supply.
With this sizeable equity raise underpinning its acquisition ambitions, we will examine...