Home › Rackspace prices IPO at low end of range, raises USD 704 million
 

Keywords :   


Rackspace prices IPO at low end of range, raises USD 704 million

2020-08-05 08:34:00| Telecompaper Headlines

(Telecompaper) Rackspace Technology has priced its IPO at USD 21 per share, the low end of the indicated subscription range. This puts the gross proceeds of the sale of 33.5 million shares at USD 703.5 million. The underwriters have a 30-day option to purchase up to 5.025 million more shares at the same price.� [ more ]

Tags: end low range prices

Category:Telecommunications

Latest from this category

All news
»
29.03Weekly Recap: Sherwin-Williams, AkzoNobel and AI Top This Weeks Stories
29.03Charity sees surge in baby starter pack referrals
29.03FFA TRIBUTE: T. Wayne Williams, Tennessee State FFA President
29.03This Week in Agribusiness, March 29, 2025
29.03FFA TRIBUTE: T. Wayne Williams, Tennessee State FFA President
29.03This Week in Agribusiness, March 29, 2025
29.03'A noose around our neck': Residents driven out by UK's largest road tunnel
29.03'My house used to be a disgusting public toilet block'
More »