other material
confidence high
sentiment neutral
materiality 0.65
RXO files prospectus supplement for resale of 28.5M shares by selling stockholders
RXO, Inc.
- Filed prospectus supplement for resale of 28,514,952 shares by certain selling stockholders.
- Consists of 22,255,481 outstanding shares and 6,259,471 shares issuable on pre-funded warrant exercise.
- The registration is for existing stockholders, not a primary offering by RXO.