secwatch.observer — SEC 8-K summary
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Issuer:     QXO, Inc. (QXO)
CIK:        0001236275
Form:       8-K
Filed at:   2024-06-06T23:59:59+00:00
Accession:  0001213900-24-050403
Event type: other_material
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 3.02, 3.03, 5.03, 5.01, 5.02, 5.05, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QXO completes $1B equity investment, reverse split, new board, Brad Jacobs CEO
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- Completed 8-for-1 reverse stock split and $1B equity investment from JPE and other investors.
- Issued 1M shares of convertible perpetual preferred stock and 219M warrants; JPE acquired ~89.7% voting power.
- Entire board replaced: Brad Jacobs (Chairman/CEO), Jason Aiken, Marlene Colucci, Mario Harik, Mary Kissel, Allison Landry.
- Former CEO Mark Meller becomes President of SilverSun; C. Signorello named Chief Legal Officer, S. Smith interim CFO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1236275/000121390024050403/0001213900-24-050403-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1236275/000121390024050403/ea0207409-8k_qxoinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-050403

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