Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.7
Mark Meller was terminated as other_named_officer at QXO, Inc..
- Action
- terminated
Exact text from the filing
the Amended and Restated Employment Agreement, dated as of February 4, 2016 by and between Mark Meller and the Company (the “Meller Employment Agreement”), will be terminated and liquidated as of immediately prior to the Closing.
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Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
QXO, Inc.: Eliminated Series A Preferred Stock by filing Certificate of Elimination, returning those shares to authorized but unissued status (effective 2023-12-01).
- Change
- charter amendment
- Effective
- 2023-12-01
Exact text from the filing
On December 1, 2023, SilverSun filed a Certificate of Elimination with the Secretary of State of the State of Delaware with respect to the Company’s Series A Preferred Stock (the “ Series A Preferred Stock ”), pursuant to which the Series A Preferred Stock was eliminated and returned to the status of authorized and unissued preferred shares of the Company.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.98
QXO, Inc. entered into Investment Agreement with Jacobs Private Equity II, LLC valued at $1,000,000,000 Equity Investment, 1,000,000 shares of Convertible Perpetual Preferred Stock, warrant (effective 2023-12-03).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- Jacobs Private Equity II, LLC
- Value
- $1,000,000,000 Equity Investment, 1,000,000 shares of Convertible Perpetual Preferred Stock, warrant
- Effective
- 2023-12-03
Exact text from the filing
On December 3, 2023, SilverSun Technologies, Inc., a Delaware corporation (“ SilverSun ” or the “ Company ”), entered into an Investment Agreement (the “ Investment Agreement ”), with Jacobs Private Equity II, LLC, a Delaware limited liability company (“ JPE ”), and the other investors party thereto (collectively with JPE, the “ Investors ”), providing for an aggregate investment by the Investors of $1,000,000,000 in cash in the Company (collectively, the “ Equity Investment ”).
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