Form 8-K · Current Report · Filed 2024-06-05
SilverSun Technologies, Inc. Approves Incentive Plan for Major Investment
SilverSun Technologies, Inc. has approved the QXO, Inc. 2024 Omnibus Incentive Plan, effective upon the closing of a $1 billion equity investment from Jacobs Private Equity II, LLC and other investors. The Plan aims to incentivize and retain key personnel. This event is expected to be material for the company as it navigates the significant investment and related operational changes.
- Filer
- Qxo Inc. QXO · NYSE
- Filed
- Accession
- 0001213900-24-050099
- CIK
- 0001236275
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Financial Statements and Exhibits
Market reaction
Close before filing
$156.88
Next session
+40.2%
Since filing
-91.5%
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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