secwatch.observer — SEC 8-K summary
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Issuer:     Rackspace Technology, Inc. (RXT)
CIK:        0001810019
Form:       8-K
Filed at:   2025-03-27T23:59:59+00:00
Accession:  0001810019-25-000047
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rackspace dismisses PwC as auditor, appoints KPMG after competitive bid
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- PwC dismissed on March 21, 2025; no disagreements or reportable events in 2023/2024.
- KPMG appointed as independent auditor for fiscal year ending December 31, 2025.
- PwC's reports on 2024 and 2023 financials were unqualified.
- No prior consultations with KPMG on accounting principles or audit scope.
- Audit Committee led the competitive bid process before the switch.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1810019/000181001925000047/0001810019-25-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1810019/000181001925000047/rxt-20250321.htm
  HTML page:      https://secwatch.observer/filing/0001810019-25-000047

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer