QXO, Inc. 8-K Report: Key Insights on Corporate Changes & Stock Performance

Here's the extracted key information and insights from the provided financial report section:
- Entity Information:
- Company Name: QXO, Inc.
- CIK: 0001236275
- Incorporation State: Delaware (DE)
- SEC File Number: 001-38063
- EIN: 16-1633636
- Address: Five American Lane, Greenwich, CT 06831
- Phone Number: 888-998-6000
- Filing Type:
- Form: 8-K (which typically indicates the company is reporting a significant event or corporate change).
- Reporting Date:
- As of Date: January 6, 2025.
- Stock Information:
- Class of Stock: Common stock
- Par Value: $0.00001 per share
- Ticker Symbol: QXO
- Exchange: NASDAQ
- Units of Measure:
- Currency: USD (United States Dollar)
- Shares: The report also references shares, indicating that stock-related information may be included.
- Reporting Context:
- The context suggests that this is a snapshot of information as of the specified date (January 6, 2025).
Insights:
- The filing indicates that QXO, Inc. is maintaining compliance with SEC regulations by submitting an 8-K, which is crucial for investors and analysts tracking significant corporate actions.
- The common stock with a very low par value suggests a potential for high volatility or a growth-oriented strategy, typical for tech or startup companies.
- The listing on NASDAQ indicates that the company is publicly traded, which provides liquidity for its shares but also subjects it to market fluctuations and regulatory scrutiny.
This information is essential for stakeholders, including investors, analysts, and regulatory agencies, to evaluate the company's status and any significant events that may impact its financial health or stock performance.