Company: QXO-PB
Filing Date: 2025-05-22
Form Type: 424B5
Source: 0001104659-25-052059
Chunk: 57

Company: QXO, Inc.
Filing Date: 2025-05-22
Form: 424B5
Chunk 57
---
 in full their option to purchase additional Depositary Shares).

In addition, concurrently with this offering, we are offering 48,484,849 shares of our common stock (or 55,757,576 shares of our common stock if the underwriters in the Common Stock Offering exercise in full their over-allotment option to purchase additional common stock) in an underwritten offering pursuant to a separate prospectus supplement. We estimate that the net proceeds to us from the Common Stock Offering, if completed, after deducting underwriting discounts and commissions and our estimated expenses, will be approximately $776.2 million (or approximately $892.8 million if the underwriters in the Common Stock Offering exercise in full their option to purchase additional shares of common stock).

We intend to use the net proceeds from this offering, together with the net proceeds from the Common Stock Offering, if completed, to repay indebtedness under the Term Loan Facility, which will strengthen our position with respect to future acquisition opportunities. The interest rate for the Term Loan Facility as of May 15, 2025 was approximately 7.28%.

Affiliates of certain of the underwriters are lenders under the Term Loan Facility and will receive a portion of the proceeds of this offering. See “Underwriting.”

<div align='center'>S-32</div>

TABLE OF CONTENTS

### CONCURRENT COMMON STOCK OFFERING
Concurrently with this offering, we are also making a public offering of 48,484,849 shares of our common stock in the Common Stock Offering (or 55,757,576 shares of our common stock if the underwriters of the Common Stock Offering exercise in full their option to purchase additional common stock) pursuant to a separate prospectus supplement. The closing of this offering is not conditioned upon the closing of the Common Stock Offering, and the closing of the Common Stock Offering is not conditioned upon the closing of this offering, so it is possible that this offering occurs and the Common Stock Offering does not occur, or vice versa. We cannot assure you that the Common Stock Offering will be completed on the terms described herein, or at all. Nothing contained herein shall constitute an offer to sell or a solicitation of an offer to buy our common stock. The underwriters of this offering are also underwriters in the Common Stock Offering.

See the section titled “Use of Proceeds” for additional information regarding the use of proceeds from the Common Stock Offering.

<div align='center'>S-33</div>

TABLE OF CONTENTS

CAPITALIZATION The following sets