QXO Inc. has announced an upsized private placement, increasing its previously disclosed financing from $1.2 billion to $3 billion. The investment, led by Apollo Global Management and Temasek, involves the sale of convertible perpetual preferred stock in a transaction not involving a public offering. The securities have not been registered under the Securities Act of 1933 and may not be resold in the United States without registration or an applicable exemption. The capital infusion is intended to enhance QXO’s financial flexibility to fund future acquisitions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. $QXO Inc(QXO-B)$. published the original content used to generate this news brief on January 12, 2026, and is solely responsible for the information contained therein.
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