Company: QXO-PB
Filing Date: 2025-05-22
Form Type: 424B5
Source: 0001104659-25-052059
Chunk: 28

Company: QXO, Inc.
Filing Date: 2025-05-22
Form: 424B5
Chunk 28
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 the section titled “Use of Proceeds” in this prospectus supplement.

Material U.S. federal tax consequences

The material U.S. federal income tax consequences of purchasing, owning and disposing of the Depositary Shares and any common stock received upon conversion are described under the section titled “Material United States Federal Income Tax Consequences.”

Concurrent Common Stock Offering

Concurrently with this offering of Depositary Shares, we are offering 48,484,849 shares of our common stock, pursuant to a separate prospectus supplement. We have also granted the underwriters of the Common Stock Offering a 30-day option to purchase up to an additional 7,272,727 shares of our common stock. The closing of this offering is not conditioned upon the closing of the Common Stock Offering, and the closing of the Common Stock Offering is not conditioned upon the closing of this offering, so it is possible that this offering occurs and the Common Stock Offering does not occur, or vice versa. We cannot assure you that the Common Stock Offering will be completed on the terms described herein, or at all. See the section titled “Concurrent Common Stock Offering.”

Common stock outstanding after this offering and the Common Stock Offering

570,992,779 shares of common stock (or 578,265,506 shares if the underwriters in the Common Stock Offering exercise in full their option to purchase additional common stock).

Transfer agent and registrar

Equiniti Trust Company, LLC is the transfer agent and registrar for the Mandatory Convertible Preferred Stock and our common stock.

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TABLE OF CONTENTS

Listing

We intend to apply to list the Depositary Shares on the NYSE under the symbol “QXO.PRB.” No assurance can be given that our Depositary Shares will be listed or that any such application for listing will be approved. Our common stock is listed on the NYSE under the symbol “QXO.”

Risk factors

Investing in the Depositary Shares involves significant risks. See “Risk Factors” in this prospectus supplement, as well as other information included in or incorporated by reference into this prospectus supplement and the accompanying prospectus for a discussion of the factors you should carefully consider before deciding to invest in the Depositary Shares.

Unless otherwise indicated, all applicable share, per share and related information in this prospectus supplement is based on 522,507,930 shares of common stock outstanding as of May 15, 2025, and excludes, in each case as of such date:

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