QXO Insulation, LLC (BLD) Form 8-K — Jul 1, 2026
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.
Key figures
- Debt Amount
- $3,000,000,000
- Interest Rate
- 6.75%
- Maturity Date
- 2032
- Abl facility
- $2,000,000,000
- Senior notes 2031
- $1,500,000,000
- Senior notes 2034
- $1,500,000,000
- Severance payment
- $894,539
- Secured notes 2032
- $2,250,000,000
- Term loan facility
- $3,000,000,000
- Cash consideration per share
- $249.67
- Stock consideration per share
- 10.212
Price after filing
Close on the filing date to close N calendar days later (from $354.53). Historical, not a forecast.
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.