0001101239 false true true 0001101239 2023-10-27 2023-10-27 0001101239 us-gaap:CommonStockMember 2023-10-27 2023-10-27 0001101239 eqix:SeniorNotes0.250PercentDue2027Member 2023-10-27 2023-10-27 0001101239 eqix:SeniorNotes1.000PercentDue2033Member 2023-10-27 2023-10-27 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

 

FORM 8-K

 

 

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 27, 2023

 

 

 

EQUINIX, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Delaware

 (State or other jurisdiction
of incorporation)

001-40205

(Commission File Number)

77-0487526

(IRS Employer
Identification No.)

 

One Lagoon Drive
Redwood City, California
  94065
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (650) 598-6000
 
 
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading
Symbol(s)
Name of each exchange on which registered
Common Stock, $0.001 EQIX The Nasdaq Stock Market LLC
0.250% Senior Notes due 2027 N/A The Nasdaq Stock Market LLC
1.000% Senior Notes due 2033 N/A The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

Item 8.01 Other Events

 

On October 27, 2023, Equinix, Inc. (the “Company”) entered into Amendment No. 1 (the “Amendment”) to the Equity Distribution Agreement dated as of November 4, 2022, by and among the Company, Managers, Forward Purchasers and Forward Sellers named therein (such agreement, as amended, the “Equity Distribution Agreement”). The Amendment provides that Banco Santander, S.A. will be appointed as a Forward Purchaser and Santander US Capital Markets LLC will be appointed as a Forward Seller under the Equity Distribution Agreement.

 

The Amendment did not change the maximum aggregate offering amount of the shares of the Company’s common stock that may be sold pursuant to the Equity Distribution Agreement, which remains at $1,500,000,000, including shares of common stock that have previously been sold under the Equity Distribution Agreement.

 

The legal opinion of Davis Polk & Wardwell LLP relating to the shares of common stock being offered is filed as Exhibit 5.1 to this Current Report on Form 8-K.

 

The legal opinion of Sullivan & Worcester LLP relating to tax matters is filed as Exhibit 8.1 to this Current Report on Form 8-K.

 

This Current Report shall not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein, nor shall there be any sale of such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits

 

Exhibit
No.
  Description
5.1   Opinion of Davis Polk & Wardwell LLP
8.1   Opinion of Sullivan & Worcester LLP
23.1   Consent of Davis Polk & Wardwell LLP (included in Exhibit 5.1)
23.2   Consent of Sullivan & Worcester LLP (included in Exhibit 8.1)
104   Cover Page Interactive Data File - the cover page iXBRL tags are embedded within the Inline XBRL document

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. 

 

  EQUINIX, INC.
   
  By: /s/ Keith D. Taylor
    Keith D. Taylor
    Chief Financial Officer

 

DATE: October 27, 2023