QXO prices 89.9M share offering at $22.25/share; expects net proceeds ~$1.98B

QXO, Inc.

Offering of 89,887,640 shares at $22.25/share; underwriters have option to purchase up to 13,483,146 additional shares.
Expected net proceeds approximately $1,977.5 million (or ~$2,274.2M if underwriters exercise option in full).
Proceeds to be used for general corporate purposes, including funding future acquisitions.
Offering expected to close June 26, 2025; underwriters include Goldman Sachs, Morgan Stanley, Wells Fargo.
Offering made under existing shelf registration statement on Form S-3ASR.

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