{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-25-001646","form_type":"8-K","ticker":"QXO","cik":"0001236275","company_name":"QXO, Inc.","filed_at":"2025-06-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.759879+00:00","generated_at":"2026-05-19T00:57:26.527931+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"QXO proposes to acquire GMS for $95.20/share cash, ~$5B total","bullets":["Proposal price $95.20/share cash, 27% premium to GMS's 60-day VWAP of $74.82.","Total transaction value ~$5 billion; no financing condition; expected close August 2025.","QXO cites GMS underperformance: EBITDA declined 4% annual vs peers +4.6%, margin down 315bps.","Financial advisors: Goldman Sachs & Co. and Morgan Stanley; legal: Paul Weiss.","QXO requests GMS board response by June 24, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-25-001646","json":"https://secwatch.observer/filing/0000950142-25-001646.json","markdown":"https://secwatch.observer/filing/0000950142-25-001646.md","text":"https://secwatch.observer/filing/0000950142-25-001646.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1236275/000095014225001646/0000950142-25-001646-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1236275/000095014225001646/eh250644173_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T00:57:26.527931+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}