other material
confidence high
sentiment neutral
materiality 0.75
RXO spin-off from XPO effective; shares to trade Nov 1 under ticker RXO
RXO, Inc.
- Registration statement on Form 10 effective Oct 17; final information statement dated Oct 17.
- Record date Oct 20; XPO holders to receive one RXO share per XPO share held.
- Distribution expected at 12:01 a.m. ET on Nov 1, 2022.
- When-issued trading on NYSE begins Oct 27 under RXO WI; regular way trading Nov 1.