Company: QXO-PB
Filing Date: 2025-04-16
Form Type: 424B5
Source: 0001140361-25-014221
Chunk: 29

Company: QXO, Inc.
Filing Date: 2025-04-16
Form: 424B5
Chunk 29
---
 cost savings. Any synergies and cost savings that we realize may differ materially from our estimates. The estimates contained herein are our current estimates, but they involve risks, uncertainties, assumptions and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such estimates. This information is speculative in nature, and some or all of the assumptions underlying the estimated synergies and cost savings may not materialize or may vary from actual results. Our ability to realize these anticipated synergies and savings is subject to significant uncertainties and you should not place undue reliance on the adjustments in evaluating our anticipated results. Although we believe these estimates and assumptions to be reasonable, investors should not place undue reliance upon the calculation of Covenant EBITDA given how it is calculated and the possibility that the underlying estimates and assumptions may ultimately not reflect actual results. We will incur substantial expenses to consummate the Acquisition but may not realize the anticipated benefits. In addition, even if we are able to integrate Beacon successfully, the anticipated benefits of the pending Acquisition may not be realized fully, or at all, or may take longer to realize than expected. Given the size and significance of the Acquisition, we may encounter difficulties in the integration of the operations of Beacon and may fail to realize the full benefits and synergies of the Acquisition, which could adversely impact our business, results of operation and financial condition. Beacon may have liabilities that are not known to us. Beacon may have liabilities that we failed, or were unable, to discover in the course of performing our due diligence investigations of Beacon. We cannot assure you that the indemnification available to us under the Merger Agreement in respect of the Acquisition will be sufficient in amount, scope or duration to fully offset the possible liabilities associated with the business of Beacon or property that we will assume upon consummation of

S-16

TABLE OF CONTENTS

the Acquisition. We may learn additional information about Beacon that materially adversely affects us, such as unknown or contingent liabilities and liabilities related to compliance with applicable laws. Any such liabilities, individually or in the aggregate, could have a material adverse effect on our business, financial condition and results of operations. The historical consolidated financial information of Beacon and the unaudited pro forma information included and incorporated by reference in this prospectus supplement may not be a reliable indicator of future results. The historical consolidated financial information of Beacon and the unaudited pro forma information included and incorporated by reference in this prospectus supplement are not necessarily indicative of what our results of