Company: QXO-PB
Filing Date: 2025-04-16
Form Type: 424B5
Source: 0001140361-25-014221
Chunk: 36

Company: QXO, Inc.
Filing Date: 2025-04-16
Form: 424B5
Chunk 36
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ure relating to the Notes and the credit agreement relating to the Credit Facilities have not been finalized. Our issuance of the Notes and entry into the Credit Facilities is subject to market conditions, and we cannot assure you that the Notes will be issued, or the Credit Facilities will be completed, in the manner, on the terms or on the timetable described herein, or at all. Future changes in market conditions may result in less favorable terms for the Notes and/or Credit Facilities and any changes to the terms of the Notes or Credit

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#### TABLE OF CONTENTS
**Facilities may increase our interest expense and adversely affect our business. The terms of the Notes and the Credit Facilities could also change in a way that increases our indebtedness or makes it easier to incur debt in the future.

Changes in our credit rating could increase our interest expense and restrict our access to, and negatively impact the terms of, current or future financings or trade credit.

Credit rating agencies continually revise their ratings for the companies that they follow, including us. Credit rating agencies also evaluate our industry as a whole and may change their credit ratings for us based on their overall view of our industry. We cannot be sure that credit rating agencies will maintain their ratings on us and certain of our debt. Moreover, any decision to downgrade our ratings could restrict our access to, and negatively impact the terms of, current or future financings and trade credit extended by our suppliers or other vendors.**

#### Risks Related to Beacon
**Unless otherwise indicated or the context otherwise requires, references in this “—Risks Related to Beacon” section to “we,” “our” or “us” refer to Beacon and its consolidated subsidiaries before giving effect to the consummation of the Transactions.

Risks Related to Product Supply and Vendor Relations

An inability to obtain the products that we distribute could result in lost revenues and reduced margins and damage relationships with customers.

We distribute roofing materials and other complementary building products, such as siding and waterproofing, that are manufactured by a number of major suppliers. Disruptions in our sources of supply may occur as a result of various reasons, including unanticipated demand, production or delivery difficulties, the loss of key supplier arrangements, or broad disruptive events (whether globally, in the U.S., or abroad), such as wars, terrorist actions, cybersecurity attacks or other technological disruptions with respect to manufacturers or the material vendors we rely on, trade disputes, changes in regulation, macroeconomic events, government shutdowns, natural disasters, including those that may be linked to climate