With both shareholder votes approved, the final regulatory and customary conditions remain. Expect closing within days. Post-merger, monitor QXO's leverage, combined revenue trajectory toward the stated $50B annual revenue target, and integration execution. The stock may trade on deal completion timing and any updated guidance.
Price Chart
Executive Summary
QXO shareholders overwhelmingly approved the share issuance and charter amendment needed to complete the acquisition of TopBuild. Approximately 99% of votes cast at QXO's special meeting supported the share issuance, and 78% of TopBuild votes favored the merger. The transaction is expected to close on or about July 1, 2026, removing a key condition precedent.
Key Facts
- 724,999,647 shares voted FOR share issuance vs. 1,005,727 AGAINST (99.86% approval)
- 722,439,916 shares voted FOR charter amendment (increase authorized common stock from 2B to 4B) vs. 3,503,259 AGAINST
- TopBuild stockholders voted ~78% in favor (65% of outstanding shares)
- Transaction expected to close on or about July 1, 2026
- Quorum reached with 70.44% of voting securities represented
Financial Impact
No financial data reported in this filing; the acquisition consideration was previously disclosed in the Merger Agreement and Joint Proxy Statement.
Risk Factors
- Customary closing conditions may not be satisfied despite vote approval
- Post-merger integration and synergy realization risks
- Potential regulatory or litigation hurdles not disclosed in this filing
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-078886 |
| Document: tm2618991d5_ex99-1.htm | 0001104659-26-078886 |
| Document: 0001104659-26-078886-index-headers.html | 0001104659-26-078886 |
| Document: 0001104659-26-078886-index.html | 0001104659-26-078886 |
| Document: 0001104659-26-078886.txt | 0001104659-26-078886 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 23, 2026 10w ago | 8-K | $13.67 $13.76 | ▲ +0.66% | ▼ −2.97% | $12.16 (−11.04%) |
Jul 9, 2026 12w ago | 8-K | $14.58 $15.18 | ▲ +4.12% | ▲ +1.87% | $12.16 (−16.59%) |
Jul 1, 2026 13w ago | S-3ASR | $16.21 $13.46 | ▼ −16.96% | ▼ −16.55% | $12.16 (−24.98%) |
Jun 30, 2026 13w ago | 8-K | $17.28 $14.13 | ▼ −18.23% | ▼ −17.20% | $12.16 (−29.63%) |
Jun 29, 2026 13w ago | 8-K | $17.28 $14.13 | ▼ −18.23% | ▼ −17.20% | $12.16 (−29.63%) |
Jun 17, 2026 15w ago | 8-K | $17.76 $15.42 | ▼ −13.18% | ▼ −13.71% | $12.16 (−31.53%) |
Jun 12, 2026 16w ago | 8-K | $16.63 $14.99 | ▼ −9.86% | ▼ −11.64% | $12.16 (−26.88%) |
Jun 4, 2026 17w ago | 8-K | $45.23 $45.68 | ▲ +0.99% | ▼ −1.13% | $12.16 (−73.11%) |
Jun 2, 2026 17w ago | 8-K | $46.41 $47.36 | ▲ +2.05% | ▲ +3.61% | $12.16 (−73.80%) |
Jun 1, 2026 17w ago | EFFECT | $47.79 $48.74 | ▲ +1.99% | ▲ +3.29% | $12.16 (−74.55%) |
US Market Status
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