Xpo logistics announces public offering of common stock

Greenwich, conn., june 28, 2021 (globe newswire) -- xpo logistics, inc. (“xpo” or the “company”) (nyse: xpo) today announced that it plans to make a registered underwritten offering of 5 million shares of its common stock consisting of an equal number of shares to be offered by xpo and by jacobs private equity, llc, the selling stockholder and an affiliate of brad jacobs, xpo's chairman and chief executive officer. xpo and the selling stockholder expect to grant the underwriters a 30-day option to purchase up to an aggregate of 750,000 additional shares, which additional shares will also be split equally between xpo and the selling stockholder.
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