| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | QXO | See footnote | Jun 6, 2024 | Common Stock, $0.00001 par value per share | 110K | $4.57 | See footnote | F1, F2, F3, F4, F5 | ||||||
| holding | QXO | Warrants | Jun 6, 2024 | Common Stock, $0.00001 par value per share | 54.8K | $4.57 | See footnote | F5, F6, F7 | ||||||
| holding | QXO | Warrants | Jun 6, 2024 | Common Stock, $0.00001 par value per share | 27.4K | $6.85 | See footnote | F5, F8, F9 | ||||||
| holding | QXO | Warrants | Jun 6, 2024 | Common Stock, $0.00001 par value per share | 27.4K | $13.70 | See footnote | F5, F10, F11 |
| Id | Content |
|---|---|
| F1 | Convertible Perpetual Preferred Stock, $0.001 par value per share (the "Preferred Stock"). |
| F2 | The Preferred Stock has no expiration date. |
| F3 | Represents 109,505 shares of Common Stock initially issuable upon conversion of 500 shares of Preferred Stock, subject to adjustment as set forth in the Certificate of Designation of Convertible Perpetual Preferred Stock of QXO, Inc., filed as Exhibit 4.1 to the Issuer's Current Report on Form 8-K (the "Form 8-K") filed with the SEC on June 6, 2024 (the "Certificate of Designation"). |
| F4 | The initial conversion price of the Preferred Stock is $4.566 per share of Common Stock, subject to adjustment as set forth in the Certificate of Designation. |
| F5 | Strata Trust FBO Mary Elizabeth Kissel, of which Mary E. Kissel is the beneficiary, is the direct beneficial owner of these securities. |
| F6 | Represents 54,752 shares of Common Stock initially issuable upon the exercise of 54,752 Warrants with an exercise price of $4.566, subject to adjustment as set forth in the Form of Warrant Certificate filed as Exhibit 4.4 to the Form 8-K (the "First Warrant Certificate"). The Warrants issued pursuant to the First Warrant Certificate represent 50% of the Warrants. |
| F7 | The initial exercise price of the Warrants issued pursuant to the First Warrant Certificate is $4.566 per share of Common Stock, subject to adjustment as set forth in the First Warrant Certificate. The Warrants are exercisable either for cash or on a cashless basis. |
| F8 | Represents 27,376 shares of Common Stock initially issuable upon the exercise of 27,376 Warrants with an exercise price of $6.849, subject to adjustment as set forth in the Form of Warrant Certificate filed as Exhibit 4.2 to the Form 8-K (the "Second Warrant Certificate"). The Warrants issued pursuant to the Second Warrant Certificate represent 25% of the Warrants. |
| F9 | The initial exercise price of the Warrants issued pursuant to the Second Warrant Certificate is $6.849 per share of Common Stock, subject to adjustment as set forth in the Second Warrant Certificate. The Warrants are exercisable either for cash or on a cashless basis. |
| F10 | Represents 27,376 shares of Common Stock initially issuable upon the exercise of 27,376 Warrants with an exercise price of $13.698, subject to adjustment as set forth in the Form of Warrant Certificate filed as Exhibit 4.3 to the Form 8-K (the "Third Warrant Certificate"). The Warrants issued pursuant to the Third Warrant Certificate represent 25% of the Warrants. |
| F11 | The initial exercise price of the Warrants issued pursuant to the Third Warrant Certificate is $13.698 per share of Common Stock, subject to adjustment as set forth in the Third Warrant Certificate. The Warrants are exercisable either for cash or on a cashless basis. |
See Exhibit 24, Power of Attorney, attached.