QXO to List Shares on the New York Stock Exchange
07 January 2025 - 11:23AM
QXO, Inc. (Nasdaq: QXO) today announced that it will transfer the
listing of its common stock to the New York Stock Exchange (“NYSE”)
from the Nasdaq Stock Market (“Nasdaq”). The company will retain
its stock ticker, QXO.
QXO expects to begin trading on the NYSE on January 17, 2025,
when Chairman and Chief Executive Officer Brad Jacobs will ring the
Opening Bell. The company’s stock will continue to trade on Nasdaq
until the transfer is complete.
"We're excited to list QXO's shares on the Big Board," Jacobs
said. "The public companies I founded prior to QXO and listed on
the NYSE have all delivered outsized shareholder value. We intend
to replicate that success by creating a tech-forward leader in the
$800 billion building products distribution industry.”
About QXO
QXO provides technology solutions, primarily to clients in the
manufacturing, distribution and service sectors. The company
provides consulting and professional services, including
specialized programming, training and technical support, and
develops proprietary software. As a value-added reseller of
business application software, QXO offers solutions for accounting,
financial reporting, enterprise resource planning, warehouse
management systems, customer relationship management, business
intelligence and other applications. QXO plans to become a
tech-forward leader in the $800 billion building products
distribution industry. The company is targeting tens of billions of
dollars of annual revenue in the next decade through accretive
acquisitions and organic growth. Visit QXO.com for more
information.
Forward-Looking Statements
This press release contains forward-looking statements.
Statements that are not historical facts, including statements
about beliefs, expectations, targets and goals, including with
respect to the timing of trading on the NYSE, are forward-looking
statements. These statements are based on plans, estimates,
expectations and/or goals at the time the statements are made, and
readers should not place undue reliance on them. Forward-looking
statements can be identified by the use of forward-looking terms
such as “may,” “will,” “should,” “expect,” “opportunity,” “intend,”
“plan,” “anticipate,” “believe,” “estimate,” “predict,”
“potential,” “target,” “goal,” or “continue,” or the negative of
these terms or other comparable terms. Forward-looking statements
involve inherent risks and uncertainties and there are a number of
important factors could cause actual results to differ materially
from those contained in any such forward-looking statements,
including, among others, risk factors that are described in the
Company’s Annual Report on Form 10-K, Quarterly Reports on Form
10-Q and other filings with the SEC, including the section entitled
“Risk Factors” contained therein. The Company cautions that
forward-looking statements should not be relied on as predictions
of future events, and these statements are not guarantees of
performance or results. Forward-looking statements herein speak
only as of the date each statement is made. The Company undertakes
no obligation to update any of these statements in light of new
information or future events, except to the extent required by
applicable law.
Media Contact:Joe
Checklerjoe.checkler@qxo.com203-609-9650
Investor Contact:Mark
Manducamark.manduca@qxo.com203-321-3889
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