QXO · QXO, Inc.

Summary

QXO, Inc. filed a prospectus supplement covering the resale of 95.9 million common shares and 192,533 preferred shares by selling stockholders.

Key takeaways

• The filing covers the resale of 95,876,547 shares of common stock by selling stockholders.
• The common shares include 13,066,710 outstanding shares and 82,809,837 shares issuable upon conversion of Series C Preferred Stock.
• The resale also covers 192,533 shares of Series C Convertible Perpetual Preferred Stock.
• The prospectus supplement relates to a registration statement on Form S-3ASR filed on July 29, 2024.
• Paul, Weiss, Rifkind, Wharton & Garrison LLP provided a legal opinion confirming the validity of the shares.