Company: QXO-PB
Filing Date: 2025-01-27
Form Type: SC TO-T
Source: 0001140361-25-001940
Chunk: 1

Company: QXO, Inc.
Filing Date: 2025-01-27
Form: SC TO-T
Chunk 1
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 set forth under the caption THE OFFER - Section 6 (“Price Range of Shares; Dividends”) and Section 11 (“Background of the Offer”) of the Offer to Purchase is incorporated herein by reference. |

| Item 3. | Identity and Background of Filing Person. |

| (a)-(c) | The filing companies of this Schedule TO are (i) QXO, (ii) the Purchaser, (iii) Queen HoldCo, LLC and (iv) Queen TopCo, LLC. The information set forth in the Offer to Purchase under the following captions is incorporated herein by reference: |

SUMMARY TERM SHEET THE OFFER - Section 9 (“Certain Information Concerning the Purchaser, QXO, TopCo and HoldCo”) and Schedule I attached thereto.

| Item 4. | Terms of the Transaction. |

| (a)(1)(i)-(viii), (x), (xii) | The information set forth in the Offer to Purchase is incorporated herein by reference. |

Subsections (a)(1)(ix) and (xi) and (a)(2) are not applicable. Item 5. Past Contacts, Transactions, Negotiations and Agreements.

| (a), (b) | The information set forth in the Offer to Purchase under the following captions is incorporated herein by reference: |

SUMMARY TERM SHEET INTRODUCTION

2

THE OFFER - Section 9 (“Certain Information Concerning the Purchaser, QXO, TopCo and HoldCo”) and Schedule I attached thereto THE OFFER - Section 10 (“Source and Amount of Funds”) and Schedule I attached thereto THE OFFER - Section 11 (“Background of the Offer”) THE OFFER - Section 12 (“Purpose of the Offer and the Proposed Merger; Plans for Beacon; Statutory Requirements; Approval of the Proposed Merger”) Item 6. Purposes of the Transaction and Plans or Proposals.

| (a) | The information set forth in the Offer to Purchase under the following captions is incorporated herein by reference: |

SUMMARY TERM SHEET INTRODUCTION THE OFFER - Section 12 (“Purpose of the Offer and the Proposed Merger; Plans for Beacon; Statutory Requirements; Approval of the Proposed Merger”)

| (c) (1)-(7) | The information set forth in the Offer to Purchase under the following captions is incorporated herein by reference: |

SUMMARY TERM SHEET INTRODUCTION THE OFFER - Section 7 (“Possible