Company: QXO-PB
Filing Date: 2025-03-18
Form Type: DFAN14A
Source: 0000950142-25-000771
Chunk: 1

Company: QXO, Inc.
Filing Date: 2025-03-18
Form: DFAN14A
Chunk 1
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the Private Placement is contingent upon the concurrent consummation of the Company’s outstanding all-cash tender offer to acquire
all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN).

In the Private Placement, QXO will sell approximately
67.5 million shares of its common stock at $12.30 per share. Both existing and new investors participated in the transaction.

The offer and sale of the foregoing securities are
being made in a transaction not involving a public offering and the securities have not been registered under the Securities Act of 1933,
as amended (the “Securities Act”), and may not be reoffered or resold in the United States except pursuant to an effective
registration statement or an applicable exemption from the registration requirements. The Company has agreed to use commercially reasonable
efforts to file a prospectus supplement with the SEC to register the resale of the common stock sold in the Private Placement promptly
after closing.

This press release is issued pursuant to Rule 135c under the Securities
Act and does not constitute an offer to sell or a solicitation of an offer to buy any securities described herein, nor shall there be
any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the
registration or qualification under the securities laws of any such state or other jurisdiction.

Forward-Looking Statements

This communication contains forward-looking
statements. Statements that are not historical facts, including statements about beliefs, expectations, targets, goals, regulatory approval
timing and nominating directors are forward-looking statements. These statements are based on plans, estimates, expectations and/or goals
at the time the statements are made, and readers should not place undue reliance on them. In some cases, readers can identify forward-looking
statements by the use of forward-looking terms such as “may,” “will,” “should,” “expect,”
“opportunity,” “intend,” “plan,” “anticipate,” “believe,” “estimate,”
“predict,” “potential,” “target,” “goal,” or “continue,” or the negative of
these terms or other comparable terms. Forward-looking statements involve inherent risks and uncertainties and readers are cautioned that
a number of important factors could cause actual results to differ materially from those contained in any such forward-looking statements.
Such factors include but are not limited to: the ultimate outcome of any possible transaction between QXO, and Beacon Roofing Supply,
Inc. (“Beacon