QXO completes TopBuild debt tender, 91% of stockholders elect cash in merger closing July 1

Filed June 30, 2026 · Period ending June 30, 2026 · ~1 min read

Key Changes

• high

  QXO's subsidiary accepted 99.5%+ of TopBuild's $1.25B senior notes in tender offers, paying $1,011.25 per $1k principal for early tenders; settlement expected July 1 coinciding with merger close.

  Item 8.01 — Other Events verify on EDGAR →
• high

  91% of TopBuild stockholders elected cash consideration, triggering proration to ~$249.71 cash plus 10.211 QXO shares per TopBuild share (vs. original $505 all-cash or 20.200 all-stock options).

  Exhibit 99.2 verify on EDGAR →
• high

  Sufficient bondholder consents obtained to eliminate change-of-control provisions, substantially all restrictive covenants, and most default events except payment failures in TopBuild note indentures.

  Exhibit 99.1 verify on EDGAR →