Company: QXO-PB
Filing Date: 2025-01-27
Form Type: SC TO-T
Source: 0001140361-25-001940
Chunk: 0

Company: QXO, Inc.
Filing Date: 2025-01-27
Form: SC TO-T
Chunk 0
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Cross-Border Issuer Tender Offer)      |
|                                                                                                                |     | ☐                                                                                                                        |     | Rule 14d-1(d) (Cross-Border Third-Party Tender Offer) |

This Tender Offer Statement on Schedule TO (this “Schedule TO”) is filed by QXO, Inc., a Delaware corporation (“QXO”), and Queen MergerCo, Inc., a Delaware corporation (the “Purchaser”) and a wholly owned subsidiary of QXO. This Schedule TO relates to the offer by the Purchaser to purchase all outstanding shares of common stock, par value $0.01 per share (the “Shares”), of Beacon Roofing Supply, Inc., a Delaware corporation (“Beacon”), at $124.25 per Share, to the seller in cash, without interest and less any required withholding taxes, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated January 27, 2025 (the “Offer to Purchase”), and in the accompanying Letter of Transmittal, copies of which are attached hereto as Exhibits (a)(1)(A) and (a)(1)(B), respectively, which, together with any amendments or supplements thereto, collectively constitute the “Offer”. Item 1. Summary Term Sheet. The information set forth in the Offer to Purchase under the caption SUMMARY TERM SHEET is incorporated herein by reference. Item 2. Subject Company Information.

| (a) | The name, address, and telephone number of the subject company’s principal executive offices are as follows: |

Beacon Roofing Supply, Inc. 505 Huntmar Park Drive, Suite 300 Herndon, VA 20170 (571) 323-3939

| (b) | This Schedule TO relates to the Offer by the Purchaser to purchase all of the issued and outstanding Shares. According to Beacon’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on October 31, 2024 (the “Beacon Q3 2024 Form 10-Q”), as of October 24, 2024 there were 61,887,984 Shares issued and outstanding, and based on QXO and the Purchaser’s review of the Beacon Q3 2024 Form 10-Q, we believe as of September 30, 2024, there were approximately 1.0 million stock options to purchase Shares and 1.2 million restricted stock units outstanding. |

| (c) | The information