---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-088393"
form_type: "8-K"
ticker: "RXO"
cik: "0001929561"
company_name: "RXO, Inc."
filed_at: "2024-08-12T23:59:59+00:00"
generated_at: "2026-05-31T10:10:28.373645+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RXO raises $550M via private placement of stock and warrants for Coyote deal

## Summary
- Entered purchase agreements with MFN Partners and Orbis Investments for $550M private placement.
- Issued 20,954,780 shares at $20.21/share and pre-funded warrants for 6,259,471 shares at $20.20/warrant.
- Proceeds to partially fund the pending acquisition of Coyote Logistics from UPS, expected to close in H1 Q4 2024.
- Warrants exercisable at $0.01/share with some subject to stockholder approval by Dec 31, 2024; lock-up of 120 days.
- Registration statement for resale of shares to be filed within 90 days post-closing.

## SEC filing metadata
- accession: 0001104659-24-088393
- form_type: 8-K
- ticker: RXO
- cik: 0001929561
- company_name: RXO, Inc.
- filed_at: 2024-08-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1929561/000110465924088393/0001104659-24-088393-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1929561/000110465924088393/tm2421323d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-088393
- JSON: https://secwatch.observer/filing/0001104659-24-088393.json
- Plain text: https://secwatch.observer/filing/0001104659-24-088393.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.