| 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 | 21.9K | $4.57 | Direct | F1, F2, F3, F4 | ||||||
| holding | QXO | Warrants | Jun 6, 2024 | Common Stock, $0.00001 par value per share | 11K | $4.57 | Direct | F5, F6 | ||||||
| holding | QXO | Warrants | Jun 6, 2024 | Common Stock, $0.00001 par value per share | 5.48K | $6.85 | Direct | F7, F8 | ||||||
| holding | QXO | Warrants | Jun 6, 2024 | Common Stock, $0.00001 par value per share | 5.48K | $13.70 | Direct | F9, F10 |
| 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 21,901 shares of Common Stock initially issuable upon conversion of 100 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 | Represents 10,950 shares of Common Stock initially issuable upon the exercise of 10,950 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. |
| F6 | 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. |
| F7 | Represents 5,475 shares of Common Stock initially issuable upon the exercise of 5,475 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. |
| F8 | 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. |
| F9 | Represents 5,475 shares of Common Stock initially issuable upon the exercise of 5,475 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. |
| F10 | 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.