QXO files prospectus for resale of 41.4 million common shares tied to preferred stock
QXO filed a prospectus supplement covering resale by certain selling stockholders of 41,405,099 common shares issuable on conversion of Series C preferred stock, plus 96,267 shares of that preferred stock. The filing satisfies QXO's registration obligations under a January 5, 2026 Investment Agreement, and it does not state any proceeds to the company.
Key points
- Resale covers 41,405,099 common shares issuable on conversion of Series C Convertible Perpetual Preferred Stock
- Also covers 96,267 shares of Series C preferred stock
- Filed July 23, 2026 under Form S-3ASR registration statement first filed July 29, 2024
- Filed to meet obligations under the Investment Agreement dated January 5, 2026
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.