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News

Reported Earlier, QXO Secures $3.5B In Comprehensive Private Placement, Offering Shares And Warrants

Author: Benzinga Newsdesk | June 14, 2024 02:57am

In the Private Placement, the Company is selling an aggregate of 340,932,212 shares of its common stock at a price of $9.14 per share, and an aggregate of 42,000,000 pre-funded warrants at a price of $9.13999 per warrant. QXO has obtained written consent from its  shareholders approving the Private Placement, which is expected to close early in the third quarter of 2024.

Posted In: QXO