Xerox distributes pro-rata warrants to shareholders; exercise price $8.00, expires Feb 2028

XEROX CORP

Distribution ratio: 1 warrant per 2 shares of common stock as of Feb 9, 2026; no fractional warrants.
Exercise price $8.00 per share; can be paid with cash or designated Xerox debt securities.
Warrants to trade on Nasdaq under ticker XRXDW starting Feb 13, 2026.
Warrants expire Feb 11, 2028, subject to early expiration if VWAP exceeds 100% of exercise price.
Company says distribution aims to strengthen balance sheet and accelerate deleveraging.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

XEROX CORP entered into Warrant Agreement with Computershare Inc. and Computershare Trust Company, N.A. valued at Warrants to purchase shares of Common Stock at $8.00 per share, expiring February 11, 2028 (effective 2026-02-12).

Action: entry
Agreement: notes offering
Counterparty: Computershare Inc. and Computershare Trust Company, N.A.
Value: Warrants to purchase shares of Common Stock at $8.00 per share, expiring February 11, 2028
Effective: 2026-02-12

Exact text from the filing

On January 28, 2026, Xerox Holdings Corporation, a New York corporation (the “Company”), announced that the Board of Directors of the Company had declared a distribution (the “Warrants Distribution”) to the holders of record of the Company’s common stock, par value $1.00 per share (the “Common Stock”), the Company’s 3.75% Convertible Senior Notes due 2030 (the “Convertible Notes”) and the Company’s Series A Convertible Perpetual Voting Preferred Stock (the “Series A Preferred Stock”) in the form of warrants to purchase shares of Common Stock (the “Warrants”).

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Source: SEC EDGAR

accession 0001193125-26-047741

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