Company: QXO-PB
Filing Date: 2025-04-18
Form Type: 424B5
Source: 0001140361-25-014566
Chunk: 47

Company: QXO, Inc.
Filing Date: 2025-04-18
Form: 424B5
Chunk 47
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 Transactions is approximately $400 million. |

| (2) | Concurrently with the closing of the Acquisition, we will enter into a $1,750.0 million ABL Facility. The amount in the table above represents the amount that would have been drawn under the ABL Facility based on Beacon’s indebtedness as of December 31, 2024. At the closing of the Acquisition, we expect to draw $400.0 million under the ABL Facility based on Beacon’s expected indebtedness at the time of the closing of the Acquisition. This amount does not reflect any original issue discount or estimated fees and expenses, which are estimated to be $17.5 million. |

| (3) | Concurrently with the closing of the Acquisition, we expect to enter into a $3,000.0 million Term Loan Facility, all of which will be drawn at the closing of the Acquisition. This amount represents the aggregate principal amount of Term Loan Facility drawn and does not reflect, any original issue discount or estimated fees and expenses, which are estimated to be $54.0 million. |

| (4) | Represents the principal amount of Notes of $1,500.0 million expected to be issued concurrently with the closing of the Acquisition. This amount represents the aggregate principal amount of Notes issued and does not reflect the initial purchasers’ discounts and commissions, any original issue discount or estimated fees and expenses, which are estimated to be $24.2 million. |

| (5) | As Adjusted and Pro Forma As Adjusted amounts include the cash received for the issuance of Common Stock offered hereby, net of estimated issuance costs of $26.0 million. |

| (6) | As Adjusted and Pro Forma As Adjusted amounts include Acquisition related transaction expenses expected to be incurred by the Company, estimated to be $62.4 million. |

S-28

#### TABLE OF CONTENTS

### MANAGEMENT’S DISCUSSION AND ANALYSIS

### OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS OF BEACON
The following discussion and analysis of our financial condition and results of operations covers periods prior to the consummation of the Transactions. Accordingly, the discussion and analysis of historical periods does not reflect the impact that the Transactions will have on Beacon. You should read the following discussion of our financial condition and results of operations in conjunction with the financial statements and related notes included or incorporated by reference into this prospectus supplement. This discussion contains forward-looking statements and involves numerous risks and uncertainties, including, but not limited