{"schema_version":"secwatch.filing_event.v1","accession":"0001794905-24-000006","form_type":"8-K","ticker":null,"cik":"0001794905","company_name":"Cyxtera Technologies, Inc.","filed_at":"2024-01-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.558442+00:00","generated_at":"2026-06-06T21:24:10.922905+00:00","sec_items":["1.03","3.03","5.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Cyxtera Chapter 11 plan effective; stock cancelled, board dissolved, assets sold","bullets":["Plan became effective Jan 12, 2024; all common stock cancelled with no value.","Substantially all assets sold to Phoenix Data Center Holdings LLC under Purchase Agreement.","Board dissolved; officers including CEO Nelson Fonseca and CFO Carlos Sagasta resigned.","Total assets ~$11.9M, total liabilities ~$103.1M per Nov 30, 2023 monthly report.","Company to deregister common stock and cease SEC filings."],"urls":{"canonical":"https://secwatch.observer/filing/0001794905-24-000006","json":"https://secwatch.observer/filing/0001794905-24-000006.json","markdown":"https://secwatch.observer/filing/0001794905-24-000006.md","text":"https://secwatch.observer/filing/0001794905-24-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1794905/000179490524000006/0001794905-24-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1794905/000179490524000006/cyxt-20240112.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T21:24:10.922905+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7bc0d02678ee907267254da6847d4a7c732989d4","claim":"Cyxtera Technologies, Inc. entered chapter 11 in United States Bankruptcy Court for the District of New Jersey (petition 2023-11-16).","evidence_excerpt":"On November 16, 2023, the Bankruptcy Court held a confirmation hearing to approve the Company’s Fourth Amended Joint Plan of Reorganization of Cyxtera Technologies, Inc. and Its Debtor Affiliates Pursuant to Chapter 11 of the Bankruptcy Code and the Transactions contemplated thereunder (the “ Plan ”). The Bankruptcy Court approved the Plan, and on November 17, 2023, the Bankruptcy Court entered the Revised Findings of Fact, Conclusions of Law, and Order Confirming the Fourth Amended Joint Plan of Reorganization of Cyxtera Technologies, Inc. and Its Debtor Affiliates Pursuant to Chapter 11 of the Bankruptcy Code (the “ Confirmation Order ”) confirming the Plan.","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1794905/000179490524000006/0001794905-24-000006-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 11"},{"label":"Court","value":"United States Bankruptcy Court for the District of New Jersey"},{"label":"Petition","value":"2023-11-16"}],"fact_type":"distress_event"},{"claim_id":"304906a3dd","claim":"Roger Meltzer departed as Director at Cyxtera Technologies, Inc..","evidence_excerpt":"Each of the Company’s directors, Manuel D. Medina, Greg Waters, Nelson Fonseca, Fahim Ahmed, Benjamin Phillips, John W. Diercksen, Frederick Arnold, Roger Meltzer and Scott Vogel, and the Company’s remaining officers, including Nelson Fonseca, President & Chief Executive Officer and Carlos Sagasta, Chief Financial Officer ceased being directors and officers of the Company on the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1794905/000179490524000006/0001794905-24-000006-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"5571a51dd1","claim":"Carlos Sagasta departed as Chief Financial Officer at Cyxtera Technologies, Inc..","evidence_excerpt":"Each of the Company’s directors, Manuel D. Medina, Greg Waters, Nelson Fonseca, Fahim Ahmed, Benjamin Phillips, John W. Diercksen, Frederick Arnold, Roger Meltzer and Scott Vogel, and the Company’s remaining officers, including Nelson Fonseca, President & Chief Executive Officer and Carlos Sagasta, Chief Financial Officer ceased being directors and officers of the Company on the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1794905/000179490524000006/0001794905-24-000006-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"72a4c98dea","claim":"Benjamin Phillips departed as Director at Cyxtera Technologies, Inc..","evidence_excerpt":"Each of the Company’s directors, Manuel D. Medina, Greg Waters, Nelson Fonseca, Fahim Ahmed, Benjamin Phillips, John W. Diercksen, Frederick Arnold, Roger Meltzer and Scott Vogel, and the Company’s remaining officers, including Nelson Fonseca, President & Chief Executive Officer and Carlos Sagasta, Chief Financial Officer ceased being directors and officers of the Company on the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1794905/000179490524000006/0001794905-24-000006-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"7ad39eaca4","claim":"John W. Diercksen departed as Director at Cyxtera Technologies, Inc..","evidence_excerpt":"Each of the Company’s directors, Manuel D. Medina, Greg Waters, Nelson Fonseca, Fahim Ahmed, Benjamin Phillips, John W. Diercksen, Frederick Arnold, Roger Meltzer and Scott Vogel, and the Company’s remaining officers, including Nelson Fonseca, President & Chief Executive Officer and Carlos Sagasta, Chief Financial Officer ceased being directors and officers of the Company on the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1794905/000179490524000006/0001794905-24-000006-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"92ba60a39a","claim":"Manuel D. Medina departed as Director at Cyxtera Technologies, Inc..","evidence_excerpt":"Each of the Company’s directors, Manuel D. Medina, Greg Waters, Nelson Fonseca, Fahim Ahmed, Benjamin Phillips, John W. Diercksen, Frederick Arnold, Roger Meltzer and Scott Vogel, and the Company’s remaining officers, including Nelson Fonseca, President & Chief Executive Officer and Carlos Sagasta, Chief Financial Officer ceased being directors and officers of the Company on the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1794905/000179490524000006/0001794905-24-000006-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"b0184f07be","claim":"Fahim Ahmed departed as Director at Cyxtera Technologies, Inc..","evidence_excerpt":"Each of the Company’s directors, Manuel D. Medina, Greg Waters, Nelson Fonseca, Fahim Ahmed, Benjamin Phillips, John W. Diercksen, Frederick Arnold, Roger Meltzer and Scott Vogel, and the Company’s remaining officers, including Nelson Fonseca, President & Chief Executive Officer and Carlos Sagasta, Chief Financial Officer ceased being directors and officers of the Company on the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1794905/000179490524000006/0001794905-24-000006-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"b892a239b3","claim":"Frederick Arnold departed as Director at Cyxtera Technologies, Inc..","evidence_excerpt":"Each of the Company’s directors, Manuel D. Medina, Greg Waters, Nelson Fonseca, Fahim Ahmed, Benjamin Phillips, John W. Diercksen, Frederick Arnold, Roger Meltzer and Scott Vogel, and the Company’s remaining officers, including Nelson Fonseca, President & Chief Executive Officer and Carlos Sagasta, Chief Financial Officer ceased being directors and officers of the Company on the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1794905/000179490524000006/0001794905-24-000006-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"d403001684","claim":"Scott Vogel departed as Director at Cyxtera Technologies, Inc..","evidence_excerpt":"Each of the Company’s directors, Manuel D. Medina, Greg Waters, Nelson Fonseca, Fahim Ahmed, Benjamin Phillips, John W. Diercksen, Frederick Arnold, Roger Meltzer and Scott Vogel, and the Company’s remaining officers, including Nelson Fonseca, President & Chief Executive Officer and Carlos Sagasta, Chief Financial Officer ceased being directors and officers of the Company on the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1794905/000179490524000006/0001794905-24-000006-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"e23d11b073","claim":"Nelson Fonseca departed as President & Chief Executive Officer at Cyxtera Technologies, Inc..","evidence_excerpt":"Each of the Company’s directors, Manuel D. Medina, Greg Waters, Nelson Fonseca, Fahim Ahmed, Benjamin Phillips, John W. Diercksen, Frederick Arnold, Roger Meltzer and Scott Vogel, and the Company’s remaining officers, including Nelson Fonseca, President & Chief Executive Officer and Carlos Sagasta, Chief Financial Officer ceased being directors and officers of the Company on the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1794905/000179490524000006/0001794905-24-000006-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"President & Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"e2bd5e0ab8","claim":"Greg Waters departed as Director at Cyxtera Technologies, Inc..","evidence_excerpt":"Each of the Company’s directors, Manuel D. Medina, Greg Waters, Nelson Fonseca, Fahim Ahmed, Benjamin Phillips, John W. Diercksen, Frederick Arnold, Roger Meltzer and Scott Vogel, and the Company’s remaining officers, including Nelson Fonseca, President & Chief Executive Officer and Carlos Sagasta, Chief Financial Officer ceased being directors and officers of the Company on the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1794905/000179490524000006/0001794905-24-000006-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"f53a3776eb","claim":"Nelson Fonseca departed as Director at Cyxtera Technologies, Inc..","evidence_excerpt":"Each of the Company’s directors, Manuel D. Medina, Greg Waters, Nelson Fonseca, Fahim Ahmed, Benjamin Phillips, John W. Diercksen, Frederick Arnold, Roger Meltzer and Scott Vogel, and the Company’s remaining officers, including Nelson Fonseca, President & Chief Executive Officer and Carlos Sagasta, Chief Financial Officer ceased being directors and officers of the Company on the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1794905/000179490524000006/0001794905-24-000006-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}