QXO, Inc. Files Definitive Proxy Statement
Ticker: QXO-PB · Form: DEF 14A · Filed: Nov 5, 2024 · CIK: 1236275
| Field | Detail |
|---|---|
| Company | Qxo, Inc. (QXO-PB) |
| Form Type | DEF 14A |
| Filed Date | Nov 5, 2024 |
| Risk Level | low |
| Pages | 14 |
| Reading Time | 17 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, corporate-governance, sec-filing
TL;DR
QXO (formerly SilverSun) filed its proxy statement - shareholders vote soon on company matters.
AI Summary
QXO, Inc. filed its definitive proxy statement (DEF 14A) on November 5, 2024, for its fiscal year ending December 31, 2024. The filing pertains to the company formerly known as SilverSun Technologies, Inc., which has undergone several name changes. The proxy statement is being filed under the 1934 Act and is related to the company's shareholder meeting and corporate governance.
Why It Matters
This filing provides shareholders with crucial information regarding upcoming votes, executive compensation, and board nominations, enabling informed participation in the company's governance.
Risk Assessment
Risk Level: low — This is a routine regulatory filing (DEF 14A) and does not contain new financial performance data or significant strategic announcements.
Key Numbers
- 20241105 — Filing Date (The date the definitive proxy statement was filed with the SEC.)
- 20241209 — Period of Report (The fiscal period the proxy statement relates to.)
Key Players & Entities
- QXO, Inc. (company) — Registrant
- SilverSun Technologies, Inc. (company) — Former Company Name
- TREY RESOURCES INC (company) — Former Company Name
- TREY INDUSTRIES INC (company) — Former Company Name
- 0001140361-24-045179 (filing_id) — Accession Number
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, or definitive proxy statement, is used by companies to solicit proxy votes from shareholders for an upcoming shareholder meeting, providing details on matters to be voted upon, director nominees, executive compensation, and other corporate governance issues.
When was this specific DEF 14A filing made by QXO, Inc.?
QXO, Inc. filed this definitive proxy statement on November 5, 2024.
What was QXO, Inc. previously known as?
QXO, Inc. was formerly known as SilverSun Technologies, Inc., and prior to that, TREY RESOURCES INC and TREY INDUSTRIES INC.
What is the fiscal year end for QXO, Inc.?
The fiscal year end for QXO, Inc. is December 31.
Under which SEC Act is this filing made?
This filing is made under the Securities Exchange Act of 1934.
Filing Stats: 4,280 words · 17 min read · ~14 pages · Grade level 13 · Accepted 2024-11-05 06:22:32
Filing Documents
- ny20037477x1_def14a.htm (DEF 14A) — 851KB
- ny20037166x1_tickx1.jpg (GRAPHIC) — 4KB
- ny20037477x1_allisonlandry.jpg (GRAPHIC) — 23KB
- ny20037477x1_barchart1x2.jpg (GRAPHIC) — 18KB
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- ny20037477x1_icon1x1.jpg (GRAPHIC) — 7KB
- ny20037477x1_icon2x1.jpg (GRAPHIC) — 6KB
- ny20037477x1_icon3x1.jpg (GRAPHIC) — 6KB
- ny20037477x1_jaredkushner.jpg (GRAPHIC) — 21KB
- ny20037477x1_jasonaiken.jpg (GRAPHIC) — 21KB
- ny20037477x1_logo.jpg (GRAPHIC) — 24KB
- ny20037477x1_marioharik.jpg (GRAPHIC) — 26KB
- ny20037477x1_marlenecolucci.jpg (GRAPHIC) — 25KB
- ny20037477x1_marykissel.jpg (GRAPHIC) — 20KB
- ny20037477x1_piechart1x1.jpg (GRAPHIC) — 42KB
- ny20037166x1_tickx2.jpg (GRAPHIC) — 4KB
- ny20037477x1_pc01.jpg (GRAPHIC) — 557KB
- ny20037477x1_pc02.jpg (GRAPHIC) — 432KB
- sig_bjacobs.jpg (GRAPHIC) — 18KB
- 0001140361-24-045179.txt ( ) — 2606KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT     22    
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION     24     AUDIT-RELATED MATTERS     28     Audit Committee Report     28     Policy Regarding Pre-Approval of Services Provided by the Outside Auditors     29     Services Provided by the Outside Auditors     29     PROPOSALS TO BE PRESENTED AT THE ANNUAL MEETING     30     Proposal 1: Election of Directors     30     Proposal 2: Ratification of the Appointment of Marcum as our Independent Registered Public Accounting Firm for Fiscal Year 2024     31     Proposal 3: Advisory Vote to Approve Executive Compensation     32     Proposal 4: Advisory Vote on the Frequency of Future Advisory Votes to Approve Executive Compensation     33     Other Matters     33     ADDITIONAL INFORMATION     34                           ©2024 QXO, Inc.         TABLE OF CONTENTS Proxy Statement Summary This proxy statement (the “Proxy Statement”) sets forth information relating to the solicitation of proxies by the board of directors of QXO, Inc. (the “Board of Directors” or the “Board”) in connection with our 2024 Annual Meeting of Stockholders (the “Annual Meeting”). This summary highlights information contained elsewhere in this Proxy Statement. This summary does not contain all the information that you should consider, and you should read the entire Proxy Statement carefully before voting. 2024 Annual Meeting of Stockholders This Proxy Statement and form of proxy are first being mailed on or about November 5, 2024, to sto