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

Keywords :   


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

2020-07-27 15:08:00| Telecompaper Headlines

(Telecompaper) 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. 

Tags: usd raise ipo kicks

Category:Telecommunications

Latest from this category

All news
04.01From AI Ambition to Enterprise Reality: Your Playbook for Winning the AI Game
Telecommunications »
08.01Tesco and M&S report strong Christmas food sales
08.01Upfront childcare payments 'simplifies the system'
08.01Trump calls for US military spending to rise more than 50% to $1.5tn
08.01Inside the sub-zero lair of the world's most powerful computer
08.01How tariff disruption will continue reshaping the global economy in 2026
08.01Unions accuse McDonald's of 'repeated harassment against mostly teenage staff
08.01Labour's workers' rights concessions to save businesses billions, assessment shows
08.01IWF finds sexual imagery of children which 'appears to have been' made by Grok
More »