BLD: 15-12G · other
QXO Insulation, LLC has filed a Form 15 to suspend its duty to file reports under Sections 13 and 15(d) of the Securities Exchange Act of 1934. This action terminates the registration of its Common Stock under Section 12(g), meaning the company will cease to be a reporting company. The company certifies that it meets the requirements to suspend reporting because the number of holders of record is less than 300. Specifically, the filing indicates there is approximately one holder of record as of the certification date. As a result of this filing, QXO Insulation, LLC will no longer be required to file annual reports on Form 10-K or quarterly reports on Form 10-Q with the SEC.
BLD: 8-K · acquisition merger
QXO, Inc. completed the previously announced acquisition of TopBuild Corp., with TopBuild becoming a wholly owned subsidiary and changing its name to QXO Insulation, LLC. Pursuant to the merger agreement, each share of TopBuild common stock was converted into the right to receive $249.67 in cash and 10.212 shares of QXO common stock, subject to proration based on stockholder elections. In connection with the closing, TopBuild notified the NYSE of the completion of the merger, resulting in the delisting of TopBuild shares and the suspension of trading. All directors and executive officers of TopBuild ceased to hold their positions effective immediately upon the merger's completion. To finance the transaction, QXO Building Products, Inc. incurred additional senior secured financing, including a $3.0 billion incremental term loan facility. Additionally, TopBuild guaranteed QXO's existing and new unsecured notes totaling $3.0 billion and a $2.25 billion secured note issuance, while repaying all outstanding borrowings under its prior credit facilities.
BLD: 25-NSE · acquisition merger
The New York Stock Exchange has notified the SEC of its intention to remove QXO, Inc. from listing and registration at the opening of business on July 13, 2026. This action follows the completion of the merger between TopBuild Corp. and QXO, Inc., which became effective on July 1, 2026. As a result of the merger, the instruments representing QXO securities now evidence rights to other securities or cash payments. Shareholders had the right to elect to receive either cash or stock consideration, subject to proration. Trading of QXO securities was suspended on July 1, 2026, coinciding with the effective date of the merger. The delisting process is the final administrative step for the security's removal from the exchange.
Stock Market Today, June 30: QXO Falls After TopBuild Merger-Election Results Show Most Shareholders Opt for Cash
QXO and TopBuild Announce Stockholder Election Results for Merger Consideration
QXO and TopBuild announced stockholder election results for their pending merger, with approximately 91% of TopBuild shares electing to receive the cash consideration. Due to the proration procedures in the merger agreement, shares that elected cash will receive approximately $249.71 in cash and 10.211 shares of QXO stock per share of TopBuild common stock. The transaction is expected to close on or about July 1, 2026, subject to the satisfaction of customary closing conditions.
QXO and TopBuild Stockholders Overwhelmingly Approve QXO’s Acquisition of TopBuild
Stockholders of QXO and TopBuild overwhelmingly approved the acquisition, with approximately 78% of TopBuild votes cast in favor representing 65% of outstanding shares. The transaction is expected to close on or about July 1, 2026, subject to the satisfaction of customary closing conditions. The merger will combine QXO, a distributor of building products, with TopBuild, a leader in insulation distribution and installation.
BLD: 8-K · other
TopBuild Corp. filed a Form 8-K to supplement the Joint Proxy Statement/Prospectus related to its pending acquisition by QXO, Inc. The filing was made in response to a lawsuit in the Delaware Court of Chancery alleging that the proxy statement failed to disclose all material information necessary for stockholders to make an informed decision. Despite denying the allegations, TopBuild and QXO voluntarily added disclosures regarding financial advisor fees to avoid delaying the merger. The supplemental filing reveals that Morgan Stanley received between $85 million and $110 million in fees from QXO over the past two years and expects to receive an additional $19 million to $21 million for services related to the transaction financing and tender offers. The board of directors of TopBuild continues to unanimously recommend that stockholders vote 'FOR' the merger proposals at the special meeting scheduled for June 29, 2026.
TopBuild Corp. filed a Form 8-K to disclose a temporary suspension of trading under its employee benefit plans in connection with the pending acquisition by QXO, Inc. The company reported that participants in the TopBuild Corp. 401(k) Plan will be subject to a blackout period exceeding three consecutive business days to facilitate the reconciliation and allocation of merger proceeds. The blackout period is scheduled to begin on June 24, 2026, and end during the week ending July 18, 2026, with the specific pre-merger blackout period concluding on July 1, 2026. During this timeframe, directors and executive officers are prohibited from transacting in TopBuild equity securities acquired through their service or employment, pursuant to Section 306 of the Sarbanes-Oxley Act of 2002.
TopBuild Corp. entered into supplemental indentures on June 11, 2026, to amend the terms of its 4.125% Senior Notes due 2032 and 5.625% Senior Notes due 2034 in connection with its pending acquisition by QXO, Inc. The amendments, which require majority consent from note holders, eliminate change-of-control repurchase obligations, substantially all restrictive covenants, and most events of default other than payment failures. These changes will only become operative upon the successful closing of the tender offer and consent solicitation, as well as the completion of the merger, signaling a major procedural milestone in the deal process.
Are AFBI, BLD, NSA Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC issued a shareholder-solicitation notice naming AFBI, BLD, and NSA; no new disclosure from the companies themselves. The release is a routine lead-plaintiff-deadline reminder soliciting investors with losses to contact the firm on a contingency basis. This is law-firm marketing, not an issuer disclosure or a court action; treat as low-signal noise.
QXO and TopBuild Announce Election Deadline for TopBuild Stockholders to Elect Merger Consideration
QXO and TopBuild announced that the deadline for TopBuild stockholders to elect their merger consideration is June 29, 2026. Shareholders may choose between $505.00 in cash or 20.200 shares of QXO common stock for each share of TopBuild held. Stockholders who fail to submit a proper election by the deadline will automatically receive the stock consideration.
Why Is TopBuild (BLD) Down 6.9% Since Last Earnings Report?
Are SEM, AFBI, BLD, QXO Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC issued a solicitation notice investigating potential fiduciary duty breaches in the proposed sale of Affinity Bancshares to Fidelity BancShares. The release also targets Select Medical, TopBuild, and QXO, urging shareholders to contact the firm to discuss their rights at no cost. This is a routine plaintiff-firm marketing release soliciting clients for potential class actions, not an issuer disclosure or court filing.
BLD: DEFM14A · acquisition merger
TopBuild Corp. has entered into a definitive merger agreement to be acquired by QXO, Inc. in an all-cash-and-stock transaction valued at approximately $14.1 billion. TopBuild shareholders will receive the choice of $505.00 in cash or 20.200 shares of QXO common stock for each TopBuild share held, subject to proration caps of 45% for cash and 55% for stock. The transaction requires approval from both companies' shareholders, with special meetings scheduled for June 29, 2026. Both boards unanimously recommend the deal, citing strategic synergies in the building products distribution and installation sectors. Jacobs Private Equity II, a major QXO shareholder, has entered into a voting agreement to support the transaction, controlling approximately 19.1% of QXO's voting power. Upon completion, TopBuild will cease to exist as a separate public entity, and its shares will be delisted from the NYSE. The deal is expected to close in the third quarter of 2026, subject to customary regulatory approvals, including antitrust clearance from the FTC and DOJ, and stockholder approvals.
BLD: 8-K · debt financing
TopBuild Corp. announced on May 29, 2026, that it has elected to exercise its optional redemption right for its entire outstanding $400 million aggregate principal amount of 3.625% Senior Notes due 2029. The redemption is scheduled for July 1, 2026, at a price of 100% of the principal plus accrued interest. This redemption is strictly conditional upon the receipt of stockholder approvals required to consummate the proposed acquisition of TopBuild by QXO, Inc. If the acquisition fails to close or the approval condition is not satisfied, the redemption notice will not become effective. The filing highlights the interdependence of TopBuild’s debt management and the pending M&A transaction, signaling that the company is preparing its balance sheet for the potential change in control while managing existing obligations.
Are KORE, SEM, BLD, QXO Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC issued a shareholder-solicitation notice naming TopBuild (BLD) and three other companies; no new disclosure from the companies themselves. The release is a routine lead-plaintiff-deadline reminder soliciting investors with losses to contact the firm on a contingency basis. This is law-firm marketing, not an issuer disclosure or a court action; treat as low-signal noise.
A Look at TopBuild Corp (BLD) After 3.6% Gain -- GF Value $447.10 vs Price $412.64
Is TopBuild Stock a Hidden Gem? Expert Ratings Inside!
TopBuild (BLD) Reports Q1 Earnings: What Key Metrics Have to Say
TopBuild (BLD) Tops Q1 Earnings and Revenue Estimates
BLD: 10-Q · periodic report
TopBuild reported first quarter 2026 revenue of $1.45 billion, an increase of 17.2% year-over-year, driven primarily by recent acquisitions including SPI and Progressive. Despite the revenue growth, net income decreased 15% to $104.8 million due to higher interest expenses and acquisition-related costs, resulting in diluted EPS of $3.73 compared to $4.23 in the prior year. The company disclosed a definitive agreement to be acquired by QXO, Inc. for $505.00 in cash or 20.200 shares of QXO stock per share, subject to shareholder and regulatory approval. TopBuild also announced subsequent acquisitions of Johnson Roofing for $25 million and Claremont for $30 million to expand its commercial roofing and distribution platforms. Operationally, the Specialty Distribution segment grew sales by 31.7% while Installation Services increased by 4.3%. The company maintained strong liquidity with $268.8 million in cash and $934 million in availability under its revolving credit facility as of March 31, 2026.
TopBuild Reports First Quarter 2026 Results
TopBuild reported first quarter revenue of $1.45 billion, up 17.2% year-over-year, driven largely by recent acquisitions including SPI and Progressive Roofing which offset macro weakness in residential markets. Despite the sales growth, profitability contracted with diluted EPS falling to $3.73 from $4.23 in the prior year and operating margins dropping to 12.1% from 14.4%. The company continues to execute on its M&A strategy, completing four acquisitions in 2026 adding $83.8 million in annual revenue, while remaining on track to close the Comfort Pro deal in Q2 and finalize the pending transaction to join QXO.
TopBuild Corp announced that it will release its first quarter 2026 results before 7:00 a.m. Eastern time on Tuesday, May 5, 2026. Due to the QXO acquisition announced on April 19, 2026, the company stated it will not host a conference call to discuss the quarterly results. The filing was signed by Madeline Otero, Vice President and Chief Accounting Officer.
BLD: 8-K · proxy statement
TopBuild Corp. held its Annual Meeting of Shareholders on April 27, 2026, and reported the final voting results for three proposals. All eight director nominees were elected to serve until the 2027 Annual Meeting, receiving support ranging from approximately 95% to 98% of votes cast. Shareholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026. The firm received approximately 97% of votes cast in favor of the ratification. On an advisory basis, shareholders approved the compensation of the Company's named executive officers. The proposal received approximately 95% of votes cast in favor, indicating strong support for the company's executive pay practices.
Why TopBuild Stock Soared More Than 19% Higher Today
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of TopBuild Corp.
TopBuild to Release First Quarter 2026 Results on Tuesday, May 5
Reviewing TopBuild (NYSE:BLD) & OneConstruction Group (NASDAQ:ONEG)
