Company: QXO-PB
Filing Date: 2025-04-18
Form Type: 424B5
Source: 0001140361-25-014566
Chunk: 27

Company: QXO, Inc.
Filing Date: 2025-04-18
Form: 424B5
Chunk 27
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 with resolving such action in other jurisdictions, which could materially adversely affect our business, financial condition and results of operations. Risks Related to the Pending Acquisition of Beacon We may be unable to integrate Beacon successfully and realize the anticipated benefits of the Acquisition. If the Acquisition is completed, the successful integration of Beacon and operations into those of our own and our ability to realize the expected benefits of the transaction are subject to a number of risks and uncertainties, many of which are outside of our control. We will also be required to devote significant management attention and resources to integrating business practices, cultures and operations of each business. The risks and uncertainties relating to integrating the two businesses include, among other things:

| • | the challenge of integrating complex organizations, systems, operating procedures, compliance programs, technology, networks and other assets of Beacon; |

| • | the difficulties harmonizing differences in the business cultures of QXO and Beacon; |

| • | the inability to successfully integrate our respective businesses in a manner that permits us to achieve the cost savings and other anticipated benefits from the Acquisition; |

| • | the inability to minimize the diversion of management attention from ongoing business concerns during the process of integrating Beacon into our businesses; |

| • | the inability to resolve potential conflicts that may arise relating to customer, supplier and other important relationships of our business and Beacon; |

| • | difficulties in retaining key management and other key employees; and |

| • | the challenge of managing the expanded operations of a significantly larger and more complex company and coordinating geographically separate organizations. |

Following the Acquisition, we expect to realize certain synergies and 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