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Rackspace Technology, Inc. IPO

Completed

Rackspace Technology, Inc. completed its initial public offering on NASDAQ on August 5, 2020, pricing at $21.00 a share.

TickerRXT
ExchangeNASDAQ
StatusCompleted
Listing dateAugust 5, 2020
Offering price$21.00
Shares offered33,500,000
Total raised$704M

The offering

Rackspace Technology, Inc. sold 33,500,000 shares at $21.00 each on NASDAQ. Multiplied out, that is $703.5 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $704 million total recorded for the deal.

Company coverage

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Source: SEC EDGAR filings for Rackspace Technology, Inc.. This page is general information, not investment advice.