QXO, Inc. completed the acquisition of TopBuild Corp. on July 1, 2026, involving approximately $6.4 billion in cash and 312.5 million shares of QXO common stock. To fund the transaction, the company entered into a $3.0 billion incremental term loan facility maturing in 2033. QXO also increased its authorized common stock from 2 billion to 4 billion shares and increased authorized Series C Preferred Stock from 200,000 to 300,000 shares. QXO, Inc. is a corporation that operates in the building products industry through its various subsidiaries.