Form 8-K · Current Report · Filed 2025-06-20
QXO Proposes to Acquire GMS for $95.20 Per Share in Cash
On June 18, 2025, QXO, Inc. issued a press release announcing a proposal to acquire all outstanding shares of GMS Inc. for $95.20 per share in cash, implying a total transaction value of approximately $5 billion. The offer represents a 27% premium over GMS's 60-day volume-weighted average price. The proposal includes terms for a high-certainty completion with no financing contingencies and plans to close the transaction in August 2025. QXO believes this acquisition will create significant growth opportunities for GMS shareholders and its stakeholders.
- Filer
- Qxo Inc. QXO · NYSE
- Filed
- Accession
- 0000950142-25-001646
- CIK
- 0001236275
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Other Events
Financial Statements and Exhibits
Market reaction
Close before filing
$22.50
Next session
+7.2%
Since filing
-40.9%
Latest close
$13.30
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from QXO reporting the same item, with the next session's move:
Exhibits (1)
About Qxo Inc.
Qxo Inc. is a company engaged in the innovative technology sector, specializing in developing software solutions that enhance business processes for small and medium enterprises (SMEs). It provides integrated platforms designed to streamline customer relationship management, inventory control, and financial reporting, all vital components for driving operational efficiency. Qxo Inc.'s products are particularly impactful in industries such as retail, healthcare, and professional services, offering scalability and customization tailored to specific client needs. The company's comprehensive approach ensures that businesses can leverage data analytics for strategic planning and decision-making. Headquartered in a technology hub, Qxo Inc. plays a significant role in the digital transformation landscape, continuously adapting to advancements and market demand. Its focus on user-friendly interfaces and seamless integration with existing systems positions Qxo Inc. as a crucial partner for enterprises aiming to leverage technology for growth and competitiveness in modern markets.
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