Company: QXO-PB
Filing Date: 2025-06-25
Form Type: 424B5
Source: 0001104659-25-062598
Chunk: 37

Company: QXO, Inc.
Filing Date: 2025-06-25
Form: 424B5
Chunk 37
---
 and expenses, which were $73.4 million. The net proceeds of the May 2025 Equity Offerings were used to repay $1.4 billion of the Term Loan Facility. (3) Represents the principal amount of the Notes issued concurrently with the closing of the Beacon Acquisition. This amount represents the aggregate principal amount of Notes issued and does not reflect the initial purchasers’ discounts and commissions, any original issue discount or estimated fees and expenses, which were $22.2 million.

S-19

TABLE OF CONTENTS

(4)

As Adjusted amounts include the cash received from the May 2025 Depositary Shares Offering, net of issuance costs of $17.4 million.

(5)

As Adjusted amounts include the cash received from the May 2025 Common Stock Offering, net of issuance costs of $27.2 million, and As Further Adjusted amounts include the cash received from this offering, net of issuance costs of $23.5 million.

(6)

As Adjusted and As Further Adjusted amounts include Beacon Acquisition related transaction expenses incurred by the Company of $73.8 million.

<div align='center'>S-20</div>

TABLE OF CONTENTS

<div align='center'>**CERTAIN MATERIAL U.S. FEDERAL INCOME TAX CONSIDERATIONS FOR NON-U.S. HOLDERS**</div>

The following is a discussion of certain material U.S. federal income tax considerations relating to the acquisition, ownership and disposition of our Common Stock by Non-U.S. Holders (as defined below) that purchase our Common Stock pursuant to this offering. Except as expressly provided below, this discussion applies only to Non-U.S. Holders that hold such Common Stock as a capital asset within the meaning of Section 1221 of the Internal Revenue Code of 1986, as amended (the “Code”) (generally, property held for investment).

For purposes of this discussion, a Non-U.S. Holder is a beneficial owner of our Common Stock that, for U.S. federal income tax purposes, is not treated as any of the following:

•

an individual citizen or resident individual of the United States, as determined for U.S. federal income tax purposes;

•

a corporation (or other entity treated as a corporation for U.S. federal income tax purposes) created or organized under the laws of a jurisdiction of the United States, any state thereof or the District of Columbia;

•

an estate the income of which is subject to U.S. federal income taxation regardless of its source;

•

a