Cyxtera Technologies, Inc.

Cyxtera Technologies, Inc. (Nasdaq: CYXT) is a data center and colocation services company that became publicly traded through a SPAC merger with Starboard Value Acquisition Corp, sponsored by activist investment firm Starboard Value LP, which completed its IPO in 2020. The business combination closed in 2021, combining Cyxtera's North American colocation footprint with the blank-check vehicle. On June 5, 2023, the company filed an 8-K disclosing that it had initiated voluntary Chapter 11 bankruptcy proceedings in the United States Bankruptcy Court for the District of New Jersey, citing debt load and challenging market conditions in the digital infrastructure sector. Sign up at SpacDesk for full filing history, sponsor profiles, and SPAC lifecycle data on CYXT and hundreds of other transactions.