secwatch.observer — SEC 8-K summary
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Issuer:     QXO, Inc. (QXO)
CIK:        0001236275
Form:       8-K
Filed at:   2026-04-01T23:59:59+00:00
Accession:  0000950142-26-000982
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 2.01, 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QXO closes $2.25B acquisition of Kodiak Building Partners; expects accretive 2026
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- Acquired Kodiak from Court Square Capital Partners for ~$2.25B: $2B cash plus 13.16M shares of QXO common stock.
- Deal expected to be highly accretive to 2026 earnings; addressable market expands to >$200B.
- QXO issued Series C Convertible Perpetual Preferred Stock with 4.75% dividend rate, convertible at $23.25/share.
- Brad Jacobs, CEO, reaffirms goal of $50B annual revenue; Steve Swinney to lead new LBM division.
- Right to repurchase Consideration Shares at $40/share per Merger Agreement; Rollover Agreements with Kodiak employees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1236275/000095014226000982/0000950142-26-000982-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1236275/000095014226000982/eh260759426_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-26-000982

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer