secwatch.observer — SEC 8-K summary
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Issuer:     BEACON ROOFING SUPPLY INC (—)
CIK:        0001124941
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0001213900-25-036794
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 1.02, 8.01, 2.01, 2.03, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QXO completes acquisition of Beacon Roofing Supply for $124.35 per share; BECN delisted
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- Merger closed April 29, 2025; each share not tendered in offer converted to $124.35 cash per share.
- 72.06% of shares tendered; company now wholly owned subsidiary of QXO, Inc.
- New debt issued: $2.25B 6.75% Senior Secured Notes due 2032, $2.25B Term Loan due 2032, $400M ABL facility drawn.
- All prior directors and officers replaced; Nasdaq delisting initiated; old notes redeemed or funded.
- Old term loan and credit agreements terminated; 2026, 2029, and 2030 notes redeemed or funded for redemption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1124941/000121390025036794/0001213900-25-036794-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1124941/000121390025036794/ea0239883-8k_qxobuild.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-036794

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