---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-081341"
form_type: "8-K"
ticker: "QXO"
cik: "0001236275"
company_name: "QXO, Inc."
filed_at: "2024-07-22T23:59:59+00:00"
generated_at: "2026-05-31T18:27:15.874629+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# QXO raises $620M in new private placement, appoints Jared Kushner to board, expects ~$5B cash

## Summary
- Raises $620M via 67.8M shares at $9.14; closes July 25. Affinity Partners invests $150M.
- Previous $3.5B private placement closed July 19; combined pro forma cash ~$5.0B and no debt.
- Post-closing common shares ~409.4M; fully diluted ~889.4M assuming cash warrant exercise.
- Jared Kushner appointed to board as independent director, effective immediately.
- Proceeds intended to fund acquisitions in building products distribution industry.

## SEC filing metadata
- accession: 0001104659-24-081341
- form_type: 8-K
- ticker: QXO
- cik: 0001236275
- company_name: QXO, Inc.
- filed_at: 2024-07-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1236275/000110465924081341/0001104659-24-081341-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1236275/000110465924081341/tm2419875d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-081341
- JSON: https://secwatch.observer/filing/0001104659-24-081341.json
- Plain text: https://secwatch.observer/filing/0001104659-24-081341.txt

## Key facts
- Executive change
  Jared C. Kushner was appointed as Director at QXO, Inc..
  - Action: appointed
  - Role: Director
  source text: appointed Jared C. Kushner to the Board, effective the same day.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1236275/000110465924081341/0001104659-24-081341-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.