Cyxtera Technologies, Inc.

Cyxtera Technologies, Inc. completed its business combination with Starboard Value Acquisition Corp (SVAC), a blank-check company sponsored by activist investment firm Starboard Value LP, and began trading on Nasdaq under the ticker CYXT in 2021. The transaction, reflected in an 8-K filed with the SEC on July 29, 2021, brought Cyxtera — a provider of data center colocation, network interconnection, and cybersecurity services — into the public markets through the SPAC route. The deal represented a bet on the growing enterprise demand for hybrid IT infrastructure and secure connectivity solutions. Cyxtera subsequently faced significant financial headwinds and filed for Chapter 11 bankruptcy protection in 2023. Sign up for full data, filings history, and deal analytics on SpacDesk.