Rackspace Technology, Inc. (RXT) Form 424B5 — Jul 9, 2026
Rackspace Technology, Inc. has entered into an equity distribution agreement with Goldman Sachs & Co. LLC to offer and sell up to $250,000,000 of its common stock through an at-the-market offering. The shares will be sold at prevailing market prices, with the sales agent acting on a commercially reasonable efforts basis and receiving a commission of 1.5% on gross proceeds.
Key figures
- Gross Proceeds
- $250,000,000
- Offering Price
- 6.43
- Shares Outstanding
- 249100000
- Dilution Per Share
- 14.69
Price after filing
1 day: +22.2%7 days: +1.8%30 days: +12.1%
Close on the filing date to close N calendar days later (from $4.37). Historical, not a forecast.
AI analysis
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