QXO raises $830M in private placement contingent on Beacon Roofing tender offer

QXO, Inc.

Approximately 67.5M shares sold at $12.30/share; gross proceeds $830M.
Private placement closing conditioned on consummation of QXO's all-cash tender offer for Beacon Roofing (BECN).
Both existing and new institutional investors participated in the placement.
QXO agreed to file a resale registration statement within 30 business days after closing.
Issuance exempt from registration under Section 4(a)(2) of the Securities Act.

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