Rackspace kicks off IPO, to raise up to USD 925 mln

Monday 27 July 2020 | 15:08 CET | News
Rackspace Technology has kicked off its initial public offering on the Nasdaq market, with plans to raise up to USD 925 million. The initial offering of 33.5 million shares will be sold at a price of USD 21-24 per share, and the underwriters have an option to buy another 5.025 million shares within 30 days at the same price. 

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Categories: Fixed
Companies: Rackspace
Countries: World
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