Company: QXO-PB
Filing Date: 2025-05-20
Form Type: 8-K
Source: 0001104659-25-051009
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Company: QXO, Inc.
Filing Date: 2025-05-20
Form: 8-K
Item: Item 7.01
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Item 7.01      Regulation FD Disclosure.  

On May 20, 2025, QXO, Inc. (“ QXO”)
announced that it intends to offer for sale to the public, in concurrent separate underwritten public offerings, (i) shares of its common
stock, par value $0.00001 per share (“ Common Stock” and such offering, the “ Common Stock Offering”) and (ii) depositary
shares (the “ Depositary Shares”), each representing a 1/20th interest in a share of new Series B Mandatory Convertible Preferred
Stock, par value $0.001 per share of the Company (the “ Depositary Shares Offering” and, together with the Common Stock Offering,
the “ Offerings”). The aggregate gross proceeds from the Offerings, if completed, are expected to be $1.0 billion. In addition,
QXO intends to grant (i) the underwriters of the Common Stock Offering an option to purchase additional shares of Common Stock and (ii)
the underwriters of the Depositary Shares Offering an option to purchase additional Depositary Shares, solely to cover over-allotments,
if any. If exercised in full, such options are expected to result in additional aggregate gross proceeds of $150 million. The closing
of the Common Stock Offering is not conditioned upon the closing of the Depositary Shares Offering, and the closing of the Depositary
Shares Offering is not conditioned upon the closing of the Common Stock Offering.

A copy of the press release is attached hereto
as Exhibit 99.1 and is incorporated herein by reference.

The information furnished in Item 7.01, including
Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the
“ Exchange Act”), or otherwise subject to the liabilities of that Section and shall not be deemed to be incorporated by reference
into any filing of QXO under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific
reference in such filing.