secwatch.observer — SEC 8-K summary
======================================

Issuer:     RXO, Inc. (RXO)
CIK:        0001929561
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0001628280-22-027579
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 5.02, 5.03, 5.05, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RXO completes spin-off from XPO, begins NYSE trading as standalone public company
--------------------------------------------------------------------------------

- XPO stockholders received 1 RXO share for each XPO share held as of Oct 20, 2022; distribution tax-free for US federal income tax.
- Board expanded from 3 to 9 directors; Brad Jacobs named chairman, Mary Kissel vice chair, Michelle Nettles lead independent director.
- RXO drew full $100M under senior unsecured term loan on Oct 31, 2022, and assumed $7.500% Notes due 2027.
- Approximately 7,400 employees; connects customers to ~100,000 carriers and 1.5M trucks via RXO Connect™ platform.
- Blue-chip customer base includes more than half of Fortune 100 and over 200 Fortune 500 companies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1929561/000162828022027579/0001628280-22-027579-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1929561/000162828022027579/rxo-closing8xk.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-027579

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer