Company: QXO-PB
Filing Date: 2025-04-18
Form Type: 424B5
Source: 0001140361-25-014566
Chunk: 21

Company: QXO, Inc.
Filing Date: 2025-04-18
Form: 424B5
Chunk 21
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a) | Represents estimated synergies and cost savings, which include an estimated $108.0 million for organizational re-design, $36.0 million for procurement, $41.0 million in network consolidation and $11.0 million for inventory management, in each case, expected to be realized within 24 months, less an estimated $50.0 million in general and administrative expenses. These estimates are based on the current estimates of the Issuer, but they involve risks, uncertainties, assumptions and other factors that may cause actual results, performance or achievements of the Issuer to be materially different from any future results, performance or achievements expressed or implied by estimates. We may be required to make additional expenditures to achieve such expected synergies and cost savings. However, the presentation of Covenant EBITDA does not reflect any expenditures. In addition, we may not fully realize such expected synergies and cost savings after consummation of the Transactions within the time periods expected or at all. Accordingly, you should not view our presentation of Covenant EBITDA as a projection that we will achieve these synergies and cost savings but rather only as an indication of our current expectations and to show how EBITDA will be calculated for the purposes of covenant compliance in the indenture that will govern the Notes and the credit agreement that will govern the Credit Facilities. This information is speculative in nature and it can be expected that some or all of the assumptions underlying the information described above may not materialize or may vary significantly from actual results. We undertake no obligation to update publicly any such statement for any reason after the date of this prospectus supplement to conform these statements to actual results or to changes to our expectations. See “Risk Factors—Risks Related to the Pending Acquisition of Beacon—We may be unable to integrate Beacon successfully and realize the anticipated benefits of the Acquisition.” |

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RISK FACTORS An investment in our Common Stock involves significant risks. You should carefully consider the risks described below, as well as the other information we have provided in this prospectus supplement, the accompanying prospectus and the documents incorporated by reference before you decide to invest in our Common Stock. These risk factors may be amended, supplemented or superseded from time to time by other reports we file with the SEC in the future. The risks described are not the only ones we face. Additional risks and uncertainties not presently known to us or that we currently view as immaterial may also materially and adversely affect our business, financial condition, operating results and prospects, as