QXO, Inc. is a technology-focused company that specializes in developing innovative software solutions and applications aimed at enhancing operational efficiency and productivity for businesses across various industries. The company is dedicated to leveraging advanced technologies, such as artificial intelligence and machine learning, to create tools that improve data analysis, streamline workflows, and facilitate decision-making processes. QXO, Inc. is committed to delivering high-quality products tailored to meet the unique needs of its clients, ultimately driving growth and competitive advantage in the market. Read More
U.S. stock futures are up Monday morning, but only marginally as tensions continue to flare in the Middle East, following American airstrikes on Iranian nuclear facilities over the weekend.
While many analysts on Wall Street have raised their price targets on GMS after The Wall Street Journal’s report that Home Depot may have submitted a competing bid against QXO, RBC Capital said the lack of details “raises questions.”
QXO, Inc. (NYSE: QXO) today sent a proposal to the President and CEO of GMS Inc. (NYSE: GMS) to acquire all outstanding shares of GMS for $95.20 per share in cash. The proposal implies a total transaction value of approximately $5 billion and reflects a 27% premium over GMS’s 60-day volume-weighted average price of $74.82.
QXO, Inc. (NYSE: QXO) announced today that Rachel Narveson, Founder and CEO of Proficient Construction in Lake Elmo, MN, is the winner of its 2025 North American Female Roofing Professional of the Year program, an annual campaign celebrating the outstanding contributions, leadership, and professionalism of women in the roofing industry.
QXO, Inc. (NYSE: QXO) today announced that five trailblazing women have been named finalists in the 2025 North American Female Roofing Professional of the Year program, an annual campaign celebrating the outstanding contributions, leadership and professionalism of women in the roofing industry.
QXO, Inc. (NYSE: QXO) (“QXO” or the “Company”) announced today the pricing of its previously announced separate underwritten public offerings of (i) 48,484,849 shares of its common stock (“Common Stock”) at a public offering price of $16.50 per share (the “Common Stock Offering”), and (ii) $500 million of depositary shares (“Depositary Shares”), each representing a 1/20th interest in a share of newly issued 5.50% Series B Mandatory Convertible Preferred Stock (“Mandatory Convertible Preferred Stock”), of the Company at a public offering price of $50.00 per Depositary Share (the “Depositary Shares Offering” and, together, the “Offerings”). QXO has granted the underwriters in each respective Offering a 30-day option to purchase up to an additional (i) 7,272,727 shares of its Common Stock and (ii) $75 million of Depositary Shares, solely to cover over-allotments, if any. The Offerings are not contingent upon each other. The Common Stock Offering is expected to close on May 23, 2025, and the Depositary Shares Offering is expected to close on May 27, 2025, subject to customary closing conditions.
