QXO announces $500M common stock offering to fund Beacon acquisition

QXO, Inc.

Offering size: $500M of common stock, with underwriter option for additional $75M.
Net proceeds to finance portion of pending Beacon Roofing Supply acquisition.
Offering not contingent on consummation of the Beacon acquisition.
Underwriters: Morgan Stanley and Goldman Sachs; shares offered via prospectus supplement.
Stock listed on NYSE under symbol QXO.

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