SEPTInvestingStart Free

RXT 8-K: Secondary offering

Rackspace Technology

Filed with the SEC on · accession 0001810019-26-000117

RXT filed a 8-K (current report) with the SEC on Nov 10, 2026. A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The stock moved -3.9% by the first close after the filing.

Summary of the filing

Rackspace Technology issued approximately 24 million shares of common stock in private placements to Voss Capital and other accredited investors for aggregate proceeds of roughly $66 million, with proceeds intended for general corporate purposes including GPU-related initiatives.

For details, click here →How to read a 8-K →

Key details

Aggregate cash purchase price for Voss Shares$50.0M
Aggregate cash purchase price for Additional Shares$16.0M
Total aggregate cash purchase price for all Shares$66.0M
IssuerRackspace Technology, Inc.
Purchaser in private placementVoss Capital, LP
Vice president, deputy general counsel & assistant secretarySarah Alexander

How RXT stock reacted

Close before

$2.72

Nov 9, 2026

First close after

-3.86%

$2.62

5 trading days

—

Since filing

—

✦ Ask GOAX AI about this filing — what it means for RXT, what changed since its last filings and what to watch next.

Try it free for 7 days

🔔 Want to stay updated on new SEC filings for RXT?

Click here

Frequently asked questions

What did RXT file with the SEC on Nov 10, 2026?

RXT filed a 8-K (Secondary offering). Rackspace Technology issued approximately 24 million shares of common stock in private placements to Voss Capital and other accredited investors for aggregate proceeds of roughly $66 million, with proceeds intended for general corporate purposes including GPU-related initiatives.

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 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

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 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

How did RXT stock react to this filing?

RXT closed at $2.72 before the filing and $2.62 on Nov 10, 2026 (-3.86%).

Other RXT SEC filings

Get alerts when RXT files with the SEC, plus live charts, key levels and news for 13,000+ stocks.

Try SEPT free for 7 days
RXT overviewRXT analysisRXT newsLatest SEC filings