Company: QXO-PB
Filing Date: 2025-05-27
Form Type: 8-K
Source: 0001104659-25-052978
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Company: QXO, Inc.
Filing Date: 2025-05-27
Form: 8-K
Item: Item 1.01
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Item 1.01      Entry into a Material Definitive Agreement.  

On May 21, 2025, QXO, Inc. (the “ Company”)
entered into an underwriting agreement (the “ Underwriting Agreement”) with Goldman Sachs & Co. LLC and Morgan Stanley
& Co. LLC, as representatives of the several underwriters named in Schedule I thereto (collectively, the “ Underwriters”),
pursuant to which the Company agreed to issue and sell 10,000,000 depositary shares (the “ Depositary Shares”), each representing
a 1/20thinterest in a share of the Company’s 5.50% Series B Mandatory Convertible Preferred Stock, par value $0.001
per share (the “ Preferred Stock”), at a public offering price of $50 per share (the “ Offering”). In connection
with the Offering, the Company granted the Underwriters an option to purchase up to an additional 1,500,000 Depositary Shares, which the
Underwriters exercised in full. The Company received net proceeds from the Offering, after deducting underwriting discounts
and commissions and estimated offering expenses, of approximately $557.6 million.