05:38 PM EST, 01/15/2026 (MT Newswires) -- (Updates with preliminary revenue starting in the third paragraph.)
QXO (QXO) plans to offer $750 million in common shares with underwriters granted an option to purchase up to an additional $112.5 million in stock.
Proceeds will be used for general corporate purposes, the company said Thursday in a statement.
Separately, QXO reported preliminary Q4 revenue of about $2.19 billion.
Analysts surveyed by FactSet forecast $2.197 billion.
Full results are scheduled for Feb. 26.
QXO shares fell 4.1% in after-hours trading.