QXO supplements proxy with Morgan Stanley fee details to address merger lawsuit

QXO, Inc.

Stockholder lawsuit filed June 8, 2026 in Delaware Chancery alleges inadequate merger disclosures; seeks to enjoin deal.
QXO and TopBuild voluntarily supplement proxy; disclose Morgan Stanley estimated fees of $19-$21M for financing and advisory.
Morgan Stanley previously received $85-110M in QXO fees over two years and is a lender under QXO credit facility.
QXO Board continues to unanimously recommend FOR proposals at June 29 stockholder meetings.

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