Rackspace Technology Raises About $66 Million in Private Share Placement

• Rackspace Technology raised approximately $66 million through a private placement of 23,999,997 common shares on November 9, 2026.
• Under a November 6 agreement, Voss Capital purchased 18,181,816 common shares for approximately $50 million.
• Additional purchasers bought 5,818,181 common shares for approximately $16 million under agreements signed November 9.
• Proceeds are intended for general corporate purposes, including working capital, capital expenditures and growth capital, including GPU-related initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rackspace Technology Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001810019-26-000117), on November 10, 2026, and is solely responsible for the information contained therein.