Company: QXO-PB
Filing Date: 2025-05-22
Form Type: 424B5
Source: 0001104659-25-052056
Chunk: 39

Company: QXO, Inc.
Filing Date: 2025-05-22
Form: 424B5
Chunk 39
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 prospectus form a part and which may be obtained as described under the section titled “Where You Can Find More Information” in this prospectus supplement. In addition, a description of the proposed Mandatory Convertible Preferred Stock is set forth in the separate prospectus supplement related to the Depositary Shares Offering.

This prospectus supplement does not constitute an offer to sell or a solicitation of an offer to buy any of the Depositary Shares or the Mandatory Convertible Preferred Stock being offered in the Depositary Shares Offering. Any such offering is only being made by the separate prospectus supplement related to the Depositary Shares Offering.

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TABLE OF CONTENTS

CAPITALIZATION The following sets forth our capitalization on a consolidated basis as of March 31, 2025: • on an actual basis; • on an as adjusted basis to give effect to the Transactions, other than this offering and the Depositary Shares Offering; and • on a pro forma basis to give effect to the Transactions (including the consummation of this offering of Common Stock (assuming no exercise of the underwriters’ option to purchase additional shares of our Common Stock) and the Depositary Shares Offering (assuming no exercise of the underwriters’ option to purchase additional Depositary Shares in the Depositary Shares Offering) and the application of net proceeds as described under “Use of Proceeds”). This table should be read in conjunction with the other sections of this prospectus supplement and our consolidated financial statements and related notes and unaudited pro forma combined financial information incorporated by reference in this prospectus supplement and the accompanying prospectus. Investors should not place undue reliance on the pro forma as adjusted information included below because this offering is not contingent upon completion of any of the Transactions reflected in the adjustments below.

| ​                                                                                                                                                                                                                                  | ​ | ​ | As of March 31, 2025 |   |         |   |   |   |            |   |          |   |   |   |          |   |          |   | ​ |
|:-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:--|:--|:---------------------|:--|--------:|:--|:--|:--|:-----------|:--|---------:|:--|:--|:--|:---------|:--|---------:|:--|:--|
| (dollars in millions)                                                                                                                                                                                                              | ​ | ​ | Actual               |   |         |   | ​ | ​ | AsAdjusted |   |