Rackspace Technology, Inc. RXT Payments for brokerage fees and professional fees
Payments for brokerage fees and professional fees at other companies
Other financials
Where this comes from
Reported directly by Rackspace Technology, Inc. in its filing.
Tagged under the XBRL concept rxt:PaymentsForBrokerageAndProfessionalFees.
The source filing: Rackspace Technology, Inc.’s 10-K, filed March 6, 2026.
- Filed
- Mar 6, 2026, 4:07 PM EST
- Fiscal year
- FY2025
- Accession
- 0001810019-26-000015
In March 2024, we completed the sale of the property. The property’s estimated fair value, less estimated cost to sell prior to the sale was $16.9 million and we received cash proceeds of $17.5 million, less brokerage and professional fees of $0.6 million, resulting in net cash proceeds of $16.9 million. In connection with the completion of the sale, we paid a $9.0 million early termination fee to certain local governments related to our termination of the MEIA associated with the property. This amount is included in “Selling, general and administrative expenses” in our Consolidated Statements of Comprehensive Loss for the year ended December 31, 2024.
ITEM 8 - FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
FAQ
- What is Rackspace Technology, Inc.'s payments for brokerage fees and professional fees?
- Rackspace Technology, Inc. (RXT) reported payments for brokerage fees and professional fees of $600K in Q1 2024.
- What does payments for brokerage fees and professional fees mean?
- Payments for brokerage fees and professional fees as reported by Rackspace Technology, Inc. Common Stock.
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