RXT 424B5: Secondary offering
Rackspace Technology, Inc.
Filed with the SEC on · accession 0001810019-26-000077
RXT filed a 424B5 (prospectus (offering)) with the SEC on Jul 9, 2026. The final terms of an offering of shares or bonds. The stock moved -33.6% by the first close after the filing.
Summary of the filing
Rackspace Technology, Inc. filed a prospectus supplement for a secondary offering of up to $250,000,000 in common stock.
Key details
How RXT stock reacted
Close before
$6.58
Jul 8, 2026
First close after
-33.59%
$4.37
5 trading days
-32.37%
$4.45
Since filing
-61.55%
$2.53
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Click hereFrequently asked questions
What did RXT file with the SEC on Jul 9, 2026?
RXT filed a 424B5 (Secondary offering). Rackspace Technology, Inc. filed a prospectus supplement for a secondary offering of up to $250,000,000 in common stock.
What does a secondary offering mean for RXT stock?
New shares dilute existing holders and are often sold at a discount to the market price.
How do I read a 424B5?
The final terms of an offering of shares or bonds. Look at price, number of shares and the discount to the market price. Large offerings dilute existing shareholders.
Why are SEC filings important?
Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 424B5 (prospectus (offering)): The final terms of an offering of shares or bonds.
How did RXT stock react to this filing?
RXT closed at $6.58 before the filing and $4.37 on Jul 9, 2026 (-33.59%). Five trading days later: $4.45 (-32.37%).
Other RXT SEC filings
- 8-K · SEC filingAug 24, 2026
- 10-Q · SEC filingAug 10, 2026
- 8-K · SEC filingAug 10, 2026
- SCHEDULE 13G/A · SEC filingAug 10, 2026
- 424B5 · Secondary offeringJul 9, 2026
- 8-K · Guidance cutJul 9, 2026
- 8-K · SEC filingJun 18, 2026
- 8-K · Material agreementJun 16, 2026
- 8-K · SEC filingJun 16, 2026
- 10-Q · SEC filingMay 8, 2026
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