IntrinsicIntrinsic

Financing ·

Rackspace Technology, Inc. entered into an Equity Distribution Agreement with Goldman Sachs & Co. LLC for an…

RXTRackspace Technology, Inc.

Rackspace Technology, Inc. entered into an Equity Distribution Agreement with Goldman Sachs & Co. LLC for an at-the-market offering of up to $250,000,000 in common stock. The company also amended its accounts receivable securitization facility to extend the termination date to July 2, 2029, and increase the facility limit to $350 million. Additionally, the company announced preliminary second quarter 2026 financial results with expected revenue between $641 million and $649 million. Rackspace Technology, Inc. is a cloud technology company providing multi-cloud management and services.

More from Rackspace Technology, Inc.

Explore RXT