GREENWICH, Conn,April 17, 2025 — QXO, Inc. (NYSE: QXO) (the “Company” or “QXO”) today announced the pricing of its previously announced public offering of 37,735,850 shares of its common stock (the “Offering”) at a price to public of $13.25 per share. The Offering is expected to close on April 21, 2025, subject to customary closing conditions.
QXO has granted the underwriters of the Offering an option to purchase up to an additional 5,660,377 shares of common stock at the public offering price less underwriting discounts and commissions.
QXO intends to use the net proceeds from the Offering to finance a portion of the consideration for the pending acquisition of Beacon Roofing Supply, Inc. (“Beacon”); however, the Offering is not contingent on the consummation of the acquisition.
Morgan Stanley and Goldman Sachs & Co. LLC are acting as the underwriters for the Offering.
The Offering is being made by means of a prospectus supplement under QXO’s effective registration statement on Form S-3ASR, as filed with the Securities and Exchange Commission (the “SEC”).