# EDGAR Filing Document

**Accession Number:** 0001236275
**File Stem:** 0001104659-26-002656
**Filing Date:** 2026-1
**Character Count:** 19059
**Document Hash:** 4111b0443367b8216f422685ca089a7f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-002656.hdr.sgml**: 20260112

**ACCESSION NUMBER**: 0001104659-26-002656

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20260112

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Unregistered Sales of Equity Securities

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260112

**DATE AS OF CHANGE**: 20260112

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** QXO, Inc.
- **CENTRAL INDEX KEY:** 0001236275
- **STANDARD INDUSTRIAL CLASSIFICATION:** WHOLESALE-LUMBER & OTHER CONSTRUCTION MATERIALS [5030]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 161633636
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38063
- **FILM NUMBER:** 26524564

**BUSINESS ADDRESS:**
- **STREET 1:** FIVE AMERICAN LANE
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06831
- **BUSINESS PHONE:** 888-998-6000

**MAIL ADDRESS:**
- **STREET 1:** FIVE AMERICAN LANE
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06831

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SilverSun Technologies, Inc.
- **DATE OF NAME CHANGE:** 20110803

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TREY RESOURCES INC
- **DATE OF NAME CHANGE:** 20050923

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TREY INDUSTRIES INC
- **DATE OF NAME CHANGE:** 20030528

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): **January 12, 2026**

---

| |
|:---|
| **QXO, INC.** |
| (Exact name of registrant as specified in its charter) |

---

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-38063** | **16-1633636** |
| (State or other jurisdiction of<br> incorporation) | (Commission File Number) | (IRS Employer Identification No.) |

---

---

| | |
|:---|:---|
| **Five American Lane**<br> **Greenwich, Connecticut** | **06831** |
| (Address of principal executive offices) | (Zip Code) |

---

Registrant's telephone number, including area code: **888-998-6000**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

◻ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which<br> registered** |
| Common stock, par value $0.00001 per share | QXO | New York Stock Exchange |
| Depositary Shares, each representing a 1/20th interest in a share of 5.50% Series B Mandatory Convertible Preferred Stock, par value $0.001 per share | QXO.PRB | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ◻

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 1.01 Entry into a Material Definitive Agreement.

On January 12, 2026, QXO, Inc. ("QXO" or the "Company") and certain new investors entered into joinders to the Investment Agreement, dated as of January 5, 2026 (the "Investment Agreement"), among AP Quince Holdings, L.P., a fund managed by affiliates of Apollo Global Management, Inc., and the other investors party thereto (collectively, the "Convertible Preferred Investors"). Pursuant to the Investment Agreement, on the terms and subject to the conditions set forth therein, the new investors committed until July 15, 2026 to purchase up to 185,500 shares in the aggregate of a new series of Series C Convertible Perpetual Preferred Stock, par value $0.001 per share (the "Series C Preferred Stock"), of QXO for an aggregate purchase price of $1.855 billion (at a stated value of $10,000 per share) (the "Convertible Preferred Investment"). As a result of the commitments by the new investors, the Convertible Preferred Investors, including the initial investors party to the Investment Agreement, have committed to purchase up to 300,000 shares of the Series C Preferred Stock for an aggregate purchase price of $3.0 billion.

For more information on the terms and conditions of the Convertible Preferred Investment, the Investment Agreement and the Series C Preferred Stock, refer to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on January 5, 2026, which is incorporated herein by reference.

Item 3.02 Unregistered Sales of Equity Securities.

The information regarding the Convertible Preferred Investment set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 3.02. The Convertible Preferred Investment will be undertaken in reliance upon an exemption from the registration requirements of Section 4(a)(2) of the Securities Act. The Series C Preferred Stock issued pursuant to the Investment Agreement and the Company's common stock, par value $0.00001 per share ("Common Stock"), issuable upon conversion of the Series C Preferred Stock may not be re-offered or sold in the United States absent an effective registration statement or an exemption from the registration requirements under applicable federal and state securities laws. The information included in this Current Report on Form 8-K is neither an offer to sell nor a solicitation of an offer to buy the securities described herein.

Item 8.01 Other Events.

On January 12, 2026, the Company issued a press release announcing the upsized Convertible Preferred Investment. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

---

| | |
|:---|:---|
| **Exhibit<br> No.** | **Description** |
| [99.1](tm262893d1_ex99-1.htm) | [Press Release, dated January 12, 2026.](tm262893d1_ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: January 12, 2026

---

| | | |
|:---|:---|:---|
| **QXO, INC.** | **QXO, INC.** | **QXO, INC.** |
| By: | /s/ Ihsan Essaid | /s/ Ihsan Essaid |
|  | Name: | Ihsan Essaid |
|  | Title: | Chief Financial Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

**QXO Upsizes Convertible Preferred Equity Placement to $3 Billion**

*Apollo and Temasek Lead Expanded Capital Commitment to Fund Future Acquisitions*

**GREENWICH, Conn. — January 12, 2026 —** QXO, Inc. (NYSE: QXO) (the "Company" or "QXO") today announced a $1.8 billion increase to its previously announced $1.2 billion financing led by funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) ("Apollo"), bringing the total investment in QXO to $3 billion. Apollo, Temasek, and certain other investors have agreed to make the investment through the previously disclosed series of convertible perpetual preferred stock (the "Series C Preferred Stock"). The investment further strengthens QXO's financial flexibility to pursue strategic acquisition opportunities.

Under the investment agreement, the investors have committed to purchase Series C Preferred Stock to fund one or more qualifying acquisitions through July 15, 2026. This commitment will be extended for up to an additional 12 months if a definitive acquisition agreement is executed before the initial commitment period expires. Any issuance of the Series C Preferred Stock will close at or around the closing of the qualifying acquisition(s).

The offer and sale of the foregoing securities are being made in a transaction not involving a public offering. 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 through 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 Securities and Exchange Commission ("SEC") to register the resale of the Series C Preferred Stock and underlying common stock issuable upon conversion.

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 registration or qualification under the securities laws of any such state or other jurisdiction.

**About QXO**

QXO is the largest publicly traded distributor of roofing, waterproofing, and complementary building products in North America. The company plans to become the tech-enabled leader in the $800 billion building products distribution industry and generate outsized value for shareholders. QXO is targeting $50 billion in annual revenues within the next decade through accretive acquisitions and organic growth. Visit <u>QXO.com</u> for more information.

**About Apollo**

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of September 30, 2025, Apollo had approximately $908 billion of assets under management. To learn more, please visit www.apollo.com.

**About Temasek**

Temasek is a global investment company headquartered in Singapore, with a net portfolio value of S$434 billion (US$324 billion) as at 31 March 2025. Its Purpose "So Every Generation Prospers" guides it to make a difference for today's and future generations. Temasek seeks to build a resilient and forward-looking portfolio that will deliver sustainable returns over the long term. It has 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen, and Singapore in Asia; and Brussels, London, Mexico City, New York, Paris, San Francisco, and Washington, DC outside Asia. For more information on Temasek, please visit <u>www.temasek.com.sg</u>.

**Forward-looking statements**

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact, including statements with respect to the issuance of the Series C Preferred Stock and the terms thereof, are, or may be deemed to be, forward-looking statements. In some cases, forward-looking statements can be identified by the use of forward-looking terms such as "anticipate," "estimate," "believe," "continue," "could," "intend," "may," "plan," "potential," "predict," "should," "will," "expect," "objective," "projection," "forecast," "goal," "guidance," "outlook," "effort," "target," "trajectory" or the negative of these terms or other comparable terms. These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances.

These forward-looking statements are subject to known and unknown risks, uncertainties, and assumptions that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Factors that might cause or contribute to a material difference include the risks discussed in our filings with the SEC, and the following:

&nbsp;&nbsp;&nbsp;&nbsp;· an
 inability to obtain the products we distribute, resulting in lost revenues and reduced margins
 and damaging our relationships with customers;

&nbsp;&nbsp;&nbsp;&nbsp;· a
 change in supplier pricing and demand, which may adversely affect our income and gross margins;

&nbsp;&nbsp;&nbsp;&nbsp;· a
 change in vendor rebates, which may adversely affect our income and gross margins;

&nbsp;&nbsp;&nbsp;&nbsp;· our
 inability to identify potential acquisition targets or successfully complete acquisitions
 on acceptable terms;

&nbsp;&nbsp;&nbsp;&nbsp;· risks
 related to maintaining our safety record;

&nbsp;&nbsp;&nbsp;&nbsp;· the
 possibility that building products distribution industry demand may soften or shift substantially
 due to cyclicality or dependence on general economic and political conditions, including
 inflation or deflation, interest rates, governmental subsidies or incentives, consumer confidence,
 labor and supply shortages, weather and commodity prices;

&nbsp;&nbsp;&nbsp;&nbsp;· the
 possibility that regional, national or global barriers to trade, including trade wars, could
 increase the cost of products in the building products distribution industry, which could
 adversely impact the competitiveness of such products and the financial results of businesses
 in the industry;

&nbsp;&nbsp;&nbsp;&nbsp;· seasonality,
 weather-related conditions and natural disasters;

&nbsp;&nbsp;&nbsp;&nbsp;· risks
 related to the proper functioning of our information technology systems, including threats
 related to cybersecurity and artificial intelligence;

&nbsp;&nbsp;&nbsp;&nbsp;· loss
 of key talent or our inability to attract and retain new qualified talent;

&nbsp;&nbsp;&nbsp;&nbsp;· risks
 related to work stoppages, union negotiations, labor disputes and other matters associated
 with our labor force or the labor forces of our suppliers or customers;

&nbsp;&nbsp;&nbsp;&nbsp;· the
 risk that the anticipated benefits of our acquisition of Beacon Roofing Supply, Inc. (the
 "Beacon Acquisition") or any future acquisition may not be fully realized or
 may take longer to realize than expected;

&nbsp;&nbsp;&nbsp;&nbsp;· the
 effect of the Beacon Acquisition or any future acquisition on our business relationships
 with employees, customers or suppliers, operating results and the business generally;

&nbsp;&nbsp;&nbsp;&nbsp;· unexpected
 liabilities, costs, charges, expenses or accounting adjustments resulting from the Beacon
 Acquisition or any future acquisition or difficulties in integrating and operating acquired
 companies;

&nbsp;&nbsp;&nbsp;&nbsp;· risks
 related to the Company's obligations under the indebtedness incurred in connection
 with the Beacon Acquisition;

&nbsp;&nbsp;&nbsp;&nbsp;· the
 risk that the Company is or becomes highly dependent on the continued leadership of Brad
 Jacobs as chairman and chief executive officer and the possibility that the loss of Mr. Jacobs
 in these roles could have a material adverse effect on the Company's business, financial
 condition and results of operations;

&nbsp;&nbsp;&nbsp;&nbsp;· the
 possible economic impact of the Company's outstanding warrants and preferred stock
 on the Company and the holders of its common stock, including market price volatility, dilution
 from the exercise or conversion of the warrants or preferred stock, or the impact of dividend
 payments from preferred stock that remains outstanding;

&nbsp;&nbsp;&nbsp;&nbsp;· challenges
 in raising additional equity or debt capital from public or private markets to pursue the
 Company's business plan and the effects that raising such capital may have on the Company
 and its business;

&nbsp;&nbsp;&nbsp;&nbsp;· the
 possibility that new investors in any future financing transactions could gain rights, preferences
 and privileges senior to those of the Company's existing stockholders;

&nbsp;&nbsp;&nbsp;&nbsp;· risks
 associated with periodic litigation, regulatory proceedings and enforcement actions, which
 may adversely affect the Company's business and financial performance;

&nbsp;&nbsp;&nbsp;&nbsp;· the
 impact of legislative, regulatory, economic, competitive and technological changes;

&nbsp;&nbsp;&nbsp;&nbsp;· unknown
 liabilities and uncertainties regarding general economic, business, competitive, legal, regulatory,
 tax and geopolitical conditions; and

&nbsp;&nbsp;&nbsp;&nbsp;· other
 factors, including those set forth in the Company's filings with the Securities and
 Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended December
 31, 2024 and subsequent Quarterly Reports on Form 10-Q.

All forward-looking statements set forth in this release are qualified by these cautionary statements and there can be no assurance that the actual results or developments anticipated by us will be realized or, even if substantially realized, that they will have the expected consequences for or effects on us or our business or operations. Forward-looking statements set forth in this release speak only as of the date hereof, and we do not undertake any obligation to update forward-looking statements except to the extent required by law.

**QXO Contacts:**

**Media**

Joe Checkler

<u>joe.checkler@qxo.com</u>

203-609-9650

**Investors** 

Mark Manduca

<u>mark.manduca@qxo.com</u>

203-321-3889

**Apollo Contacts:**

**Media**

Joanna Rose

<u>Communications@apollo.com</u>

212-822-0491

**Investors** 

Noah Gunn

<u>IR@apollo.com</u>

212-822-0540