---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-052221"
form_type: "8-K"
ticker: "QXO"
cik: "0001236275"
company_name: "QXO, Inc."
filed_at: "2025-05-23T23:59:59+00:00"
generated_at: "2026-05-20T13:22:15.144390+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# QXO prices $1.3B upsized concurrent offerings of common stock and mandatory convertible preferred

## Summary
- Sold 48.4M common shares at $16.50/share via underwritten offering; gross proceeds $800M.
- Concurrent $500M offering of depositary shares (5.50% Series B Mandatory Convertible Preferred) at $50 per share.
- Underwriters fully exercised over-allotment on common; net proceeds ~$892.8M.
- Proceeds to repay senior secured term loan, strengthening position for future acquisitions.
- Mandatory convertible preferred automatically converts into 49.474–60.606 common shares by May 15, 2028.

## SEC filing metadata
- accession: 0001104659-25-052221
- form_type: 8-K
- ticker: QXO
- cik: 0001236275
- company_name: QXO, Inc.
- filed_at: 2025-05-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1236275/000110465925052221/0001104659-25-052221-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1236275/000110465925052221/tm2515387d7_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-052221
- JSON: https://secwatch.observer/filing/0001104659-25-052221.json
- Plain text: https://secwatch.observer/filing/0001104659-25-052221.txt

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