{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-087598","form_type":"8-K","ticker":"QXO","cik":"0001236275","company_name":"QXO, Inc.","filed_at":"2023-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.469940+00:00","generated_at":"2026-06-08T02:03:10.333534+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"SWK Technologies acquires JCS Computer Resource for $1.325M; adds 350+ Sage 100 customers","bullets":["Purchase price $1.325M: $300K cash + $1.025M 3-year promissory note at 4.25% interest.","Note subject to downward adjustment up to $200K if SWK loses JCS customer subscription revenue within one year.","Acquisition adds over 350 Sage 100 customers and expands SWK's Midwest geographic footprint.","One-year consulting agreement with JCS president Jennifer O'Brien for $35,000 annual base salary.","CEO Mark Meller expects quick, seamless transition; both companies have worked together previously."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-087598","json":"https://secwatch.observer/filing/0001213900-23-087598.json","markdown":"https://secwatch.observer/filing/0001213900-23-087598.md","text":"https://secwatch.observer/filing/0001213900-23-087598.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1236275/000121390023087598/0001213900-23-087598-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1236275/000121390023087598/ea188553-8k_silversun.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T02:03:10.333534+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":[{"claim_id":"9855107aa7bcae946c8558485fd3b399bd546878","claim":"QXO, Inc. entered into Asset Purchase Agreement with JCS Computer Resource Corporation valued at $1,325,000 (effective 2023-11-13).","evidence_excerpt":"On November 13 , 2023 (the “Effective Date”), SWK Technologies, Inc. (“SWK”), a wholly-owned subsidiary of SilverSun Technologies, Inc., entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) with JCS Computer Resource Corporation, an Illinois corporation (“JCS”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1236275/000121390023087598/0001213900-23-087598-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"JCS Computer Resource Corporation"},{"label":"Value","value":"$1,325,000"},{"label":"Effective","value":"2023-11-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}