Equinix (NASDAQ: EQIX) details $2B ATM, $1.2B stock capacity
Equinix, Inc. is registering an at-the-market offering of up to $1,200,001,225 of common stock under its existing $2,000,000,000 equity distribution program. The company has already sold 862,791 shares for $799,998,775, with the remaining capacity to be issued through sales agents and forward sale agreements.
The post-effective amendment also adds Equinix Asia Financing Corporation Pte. Ltd. as a registrant, registering its debt securities fully and unconditionally guaranteed by Equinix, alongside existing European and Canadian financing subsidiaries. A broad shelf registration remains in place for common and preferred stock, debt, depositary shares, warrants, purchase contracts, units and guarantees.
Positive
- None.
Negative
- None.
FAQ
What is Equinix (EQIX) offering in this new at-the-market program?
How much of Equinix’s (EQIX) $2 billion equity distribution has already been used?
What is the total size of Equinix’s (EQIX) equity distribution agreement?
How will Equinix (EQIX) use the proceeds from the ATM and any forward sale agreements?
What role does Equinix Asia Financing Corporation Pte. Ltd. play in this filing?
What types of securities can Equinix (EQIX) issue under this shelf registration?
AI-generated analysis. How Rhea-AI works. Not financial advice.
SECURITIES AND EXCHANGE COMMISSION
To
UNDER
THE SECURITIES ACT OF 1933
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Delaware
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77-0487526
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(State or Other Jurisdiction of
Incorporation or Organization) |
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(I.R.S. Employer
Identification Number) |
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Delaware
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99-1398934
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(State or Other Jurisdiction of
Incorporation or Organization) |
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(I.R.S. Employer
Identification Number) |
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Ontario, Canada
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98-1885394
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(State or Other Jurisdiction of
Incorporation or Organization) |
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(I.R.S. Employer
Identification Number) |
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Singapore
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98-1835465
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(State or Other Jurisdiction of
Incorporation or Organization) |
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(I.R.S. Employer
Identification Number) |
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Redwood City, California 94065
(650) 598-6000
Equinix, Inc.
One Lagoon Drive
Redwood City, CA 94065
(650) 598-6000
Emily Roberts
Davis Polk & Wardwell LLP
900 Middlefield Road
Redwood City, California 94063
(650) 752-2000
| | Equinix, Inc.: | | | ||
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Large accelerated filer
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Accelerated filer
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Non-accelerated filer
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Smaller reporting company
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Emerging growth company
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| | Equinix Europe 2 Financing Corporation LLC: | | | ||
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Large accelerated filer
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Accelerated filer
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Non-accelerated filer
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Smaller reporting company
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Emerging growth company
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| | Equinix Canada Financing Ltd.: | | | ||
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Large accelerated filer
☐
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Accelerated filer
☐
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Non-accelerated filer
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Smaller reporting company
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Emerging growth company
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| | Equinix Asia Financing Corporation Pte. Ltd.: | | | ||
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Large accelerated filer
☐
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Accelerated filer
☐
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Non-accelerated filer
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Smaller reporting company
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Emerging growth company
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Preferred Stock
Debt Securities
Depositary Shares
Warrants
Purchase Contracts
Units
Guarantees of Debt Securities
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Page
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Equinix
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About This Prospectus
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Forward-Looking Statements
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Where You Can Find More Information
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Incorporation By Reference
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Risk Factors
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Use of Proceeds
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Description of Capital Stock
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Description of Debt Securities
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Description of Depositary Shares
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Description of Warrants
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Description of Purchase Contracts
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Description of Units
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Plan of Distribution
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Legal Matters
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Experts
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One Lagoon Drive
Redwood City, CA 94065
Attn: Investor Relations
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Barclays
Jefferies MUFG Scotiabank |
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BTIG
Mizuho RBC Capital Markets TD Securities |
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Page
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About This Prospectus Supplement
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Forward-Looking Statements
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Where You Can Find More Information
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Incorporation by Reference
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Prospectus Summary
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Risk Factors
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Use of Proceeds
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Material U.S. Federal Income Tax Considerations
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Plan of Distribution
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| | | | S-9 | | |
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Legal Matters
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Experts
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One Lagoon Drive
Redwood City, CA 94065
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Barclays
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BTIG
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Jefferies
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Mizuho
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MUFG
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RBC Capital Markets
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Scotiabank
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TD Securities
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Amount to Be Paid
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Registration fee
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Printing
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Legal fees and expenses
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Transfer agent and trustee fees
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Rating agency fees
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Accounting fees and expenses
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Miscellaneous
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Total
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Incorporated by Reference
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Exhibit
Number |
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Exhibit Description
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Form
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Filing Date/Period End
Date |
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Exhibit
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Filed
Herewith |
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| | 1.1 | | | Form of Underwriting Agreement* | | | | | | | | | | | | | |
| | 1.2 | | |
Equity Distribution Agreement, dated as of October 1, 2024, by and among Equinix, Inc., Barclays Capital Inc., BTIG, LLC, Jefferies LLC, Mizuho Securities USA LLC, MUFG Securities Americas Inc., RBC Capital Markets, LLC, Scotia Capital (USA) Inc. and TD Securities (USA) LLC, acting as managers, Barclays Bank PLC, Jefferies LLC, Mizuho Markets Americas LLC, Royal Bank of Canada, The Bank of Nova Scotia and The Toronto-Dominion Bank, acting as forward purchasers, and Barclays Capital Inc., Jefferies LLC, Mizuho Securities USA LLC, RBC Capital Markets, LLC, Scotia Capital (USA) Inc. and TD Securities (USA) LLC, acting as forward sellers
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8-K
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10/1/24
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1.1
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| | 3.1 | | |
Amended and Restated Certificate of Incorporation of Equinix, Inc., as amended to date
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10-K/A
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12/31/02
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3.1
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| | 3.2 | | |
Certificate of Amendment to the Amended and Restated Certificate of Incorporation of Equinix, Inc.
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8-K
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6/14/11
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3.1
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| | 3.3 | | |
Certificate of Amendment to the Amended and Restated Certificate of Incorporation of Equinix, Inc.
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8-K
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6/11/13
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3.1
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| | 3.4 | | |
Certificate of Amendment to the Amended and Restated Certificate of Incorporation of Equinix, Inc.
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10-Q
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6/30/14
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3.4
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| | 3.5 | | |
Certificate of Designation of Series A and Series A-1 Convertible Preferred Stock
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10-K/A
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12/31/02
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3.3
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| | 3.6 | | |
Amended and Restated Bylaws of Equinix, Inc.
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8-K
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3/13/23
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3.1
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| | 4.1 | | |
Form of Common Stock Certificate
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10-K
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12/31/14
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4.13
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| | 4.2 | | |
Indenture, dated as of December 12, 2017, between Equinix, Inc. and U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association), as Trustee (the “Equinix Indenture”)
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8-K
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12/12/17
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4.1
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| | 4.3 | | | Form of Equinix, Inc. Note* | | | | | | | | | | | | | |
| | 4.4 | | |
Indenture, dated as of March 18, 2024, between Equinix Europe 2 Financing Corporation LLC, as issuer, Equinix, Inc., as guarantor, and U.S. Bank Trust Company, National Association, as Trustee (the “Equinix Europe 2 Finco Indenture”)
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POSASR
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3/18/24
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4.4
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| | 4.5 | | |
Form of Equinix Europe 2 Financing Corporation LLC Note*
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Incorporated by Reference
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Exhibit
Number |
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Exhibit Description
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Form
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Filing Date/Period End
Date |
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Exhibit
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Filed
Herewith |
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| | 4.6 | | |
Indenture, dated as of November 24, 2025, between Equinix Canada Financing Ltd., as issuer, Equinix, Inc., as guarantor, and U.S. Bank Trust Company, National Association, as Trustee (the “Equinix Canada Finco Indenture”)
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X
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| | 4.7 | | | Form of Equinix Canada Financing Ltd. Note* | | | | | | | | | | | | | |
| | 4.8 | | |
Indenture, dated as of February 13, 2026, between Equinix Asia Financing Corporation Pte. Ltd., as issuer, Equinix, Inc., as guarantor, and U.S. Bank Trust Company, National Association, as Trustee (the “Equinix Singapore Finco Indenture”)
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X
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| | 4.9 | | |
Form of Equinix Asia Financing Corporation Pte. Ltd. Note*
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| | 4.10 | | | Form of Specimen Preferred Stock Certificate* | | | | | | | | | | | | | |
| | 4.11 | | | Form of Certificate of Designation* | | | | | | | | | | | | | |
| | 4.12 | | | Form of Depositary Agreement* | | | | | | | | | | | | | |
| | 4.13 | | | Form of Warrant Agreement* | | | | | | | | | | | | | |
| | 4.14 | | | Form of Purchase Contract* | | | | | | | | | | | | | |
| | 4.15 | | | Form of Unit Agreement* | | | | | | | | | | | | | |
| | 5.1 | | |
Opinion of Davis Polk & Wardwell LLP
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S-3ASR
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10/27/23
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5.1
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| | 5.2 | | |
Opinion of Davis Polk & Wardwell LLP
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POSASR
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3/18/24
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5.2
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| | 5.3 | | |
Opinion of Davis Polk & Wardwell LLP
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POSASR
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11/10/25
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5.3
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| | 5.4 | | |
Opinion of Davis Polk & Wardwell LLP
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X
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| | 5.5 | | |
Opinion of Blake, Cassels & Graydon LLP
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POSASR
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11/10/25
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5.4
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| | 5.6 | | |
Opinion of Allen & Gledhill LLP
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X
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| | 8.1 | | |
Opinion of Sullivan & Worcester LLP regarding certain tax matters
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S-3ASR
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10/27/23
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8.1
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| | 8.2 | | |
Opinion of Sullivan & Worcester LLP regarding certain tax matters
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POSASR
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3/18/24
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8.2
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| | 8.3 | | |
Opinion of Sullivan & Worcester LLP regarding certain tax matters
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POSASR
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11/10/25
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8.3
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| | 8.4 | | |
Opinion of Sullivan & Worcester LLP regarding certain tax matters
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X
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| | 23.1 | | |
Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm
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X
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| | 23.2 | | |
Consent of Davis Polk & Wardwell LLP (included in Exhibit 5.1)
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S-3ASR
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10/27/23
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5.1
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| | 23.3 | | |
Consent of Davis Polk & Wardwell LLP (included in Exhibit 5.2)
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POSASR
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3/18/24
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5.2
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| | 23.4 | | |
Consent of Davis Polk & Wardwell LLP (included in Exhibit 5.3)
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POSASR
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11/10/25
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5.3
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| | 23.5 | | |
Consent of Davis Polk & Wardwell LLP (included in Exhibit 5.4)
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X
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| | 23.6 | | |
Consent of Sullivan & Worcester LLP (included in Exhibit 8.1)
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S-3ASR
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10/27/23
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23.5
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Incorporated by Reference
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Exhibit
Number |
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Exhibit Description
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Form
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Filing Date/Period End
Date |
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Exhibit
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Filed
Herewith |
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| | 23.7 | | |
Consent of Sullivan & Worcester LLP (included in Exhibit 8.2)
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POSASR
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3/18/24
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23.5
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| | 23.8 | | |
Consent of Sullivan & Worcester LLP (included in Exhibit 8.3)
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POSASR
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11/10/25
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23.7
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| | 23.9 | | |
Consent of Sullivan & Worcester LLP (included in Exhibit 8.4)
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X
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| | 23.10 | | |
Consent of Blake, Cassels & Graydon LLP (included in Exhibit 5.5)
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POSASR
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11/10/25
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23.8
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| | 23.11 | | |
Consent of Allen & Gledhill LLP (included in Exhibit 5.6)
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X
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| | 24.1 | | |
Equinix, Inc. Power of Attorney
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S-3ASR
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10/27/23
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24.1
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| | 24.2 | | |
Equinix Europe 2 Financing Corporation LLC Power of Attorney
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POSASR
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3/18/24
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24.2
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| | 24.3 | | |
Equinix Canada Financing Ltd. Power of Attorney
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POSASR
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11/10/25
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24.3
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| | 24.4 | | |
Equinix Asia Financing Corporation Pte. Ltd. Power of Attorney (included on signature page of this registration statement)
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X
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| | 25.1 | | |
Form T-1 Statement of Eligibility under the Trust Indenture Act of 1939, as amended, of U.S. Bank Trust Company, National Association, with respect to the Equinix Indenture
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S-3ASR
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10/27/23
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25.1
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| | 25.2 | | |
Form T-1 Statement of Eligibility under the Trust Indenture Act of 1939, as amended, of U.S. Bank Trust Company, National Association, with respect to the Equinix Europe 2 Finco Indenture
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POSASR
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3/18/24
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25.2
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| | 25.3 | | |
Form T-1 Statement of Eligibility under the Trust Indenture Act of 1939, as amended, of U.S. Bank Trust Company, National Association, with respect to the Equinix Canada Finco Indenture
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POSASR
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11/10/25
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25.3
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| | 25.4 | | |
Form T-1 Statement of Eligibility under the Trust Indenture Act of 1939, as amended, of U.S. Bank Trust Company, National Association, with respect to the Equinix Singapore Finco Indenture
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X
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| | 107 | | |
Filing Fee Table
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X
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Signature
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Title
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Date
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*
Adaire Fox-Martin
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President, Chief Executive Officer and
Director (Principal Executive Officer) |
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February 13, 2026
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*
Keith D. Taylor
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Chief Financial Officer
(Principal Financial Officer) |
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February 13, 2026
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*
Simon Miller
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Chief Accounting Officer
(Principal Accounting Officer) |
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February 13, 2026
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*
Charles J. Meyers
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Executive Chairman
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February 13, 2026
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*
Nanci Caldwell
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Director
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February 13, 2026
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*
Gary F. Hromadko
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Director
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February 13, 2026
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Rebecca Kujawa
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Director
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February 13, 2026
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Yanbing Li
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Director
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February 13, 2026
|
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*
Thomas Olinger
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Director
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February 13, 2026
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*
Christopher B. Paisley
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Director
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February 13, 2026
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Signature
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Title
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Date
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*
Sandra L. Rivera
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Director
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February 13, 2026
|
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*
Fidelma Russo
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Director
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February 13, 2026
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* By:
/s/ Keith D. Taylor
Name: Keith D. Taylor
Title: Attorney-in-Fact |
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Signature
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Title
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Date
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/s/ Adaire Fox-Martin
Adaire Fox-Martin
|
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Chief Executive Officer of Equinix, Inc.
(Principal Executive Officer) |
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February 13, 2026
|
|
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*
Keith D. Taylor
|
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Chief Financial Officer of Equinix, Inc.
(Principal Financial Officer) |
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February 13, 2026
|
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*
Simon Miller
|
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Chief Accounting Officer of Equinix, Inc.
(Principal Accounting Officer) |
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February 13, 2026
|
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*
Brock Bryan
|
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Manager
|
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February 13, 2026
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/s/ Arquelle Shaw
Arquelle Shaw
|
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Manager
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February 13, 2026
|
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* By:
/s/ Keith D. Taylor
Name: Keith D. Taylor
Title: Attorney-in-Fact |
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Title: Secretary
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Signature
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Title
|
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Date
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|
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*
Adaire Fox-Martin
|
| |
Chief Executive Officer of Equinix, Inc.
(Principal Executive Officer) |
| |
February 13, 2026
|
|
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*
Keith D. Taylor
|
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Chief Financial Officer of Equinix, Inc.
(Principal Financial Officer) |
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February 13, 2026
|
|
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*
Simon Miller
|
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Chief Accounting Officer of Equinix, Inc.
(Principal Accounting Officer) |
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February 13, 2026
|
|
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*
Marc Mondesir
|
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Director
|
| |
February 13, 2026
|
|
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* By:
/s/ Keith D. Taylor
Name: Keith D. Taylor
Title: Attorney-in-Fact |
| | | |
Title: Director
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Signature
|
| |
Title
|
| |
Date
|
|
| |
/s/ Adaire Fox-Martin
Adaire Fox-Martin
|
| |
Chief Executive Officer of Equinix, Inc.
(Principal Executive Officer) |
| |
February 13, 2026
|
|
| |
/s/ Keith D. Taylor
Keith D. Taylor
|
| |
Chief Financial Officer of Equinix, Inc.
(Principal Financial Officer) |
| |
February 13, 2026
|
|
| |
/s/ Simon Miller
Simon Miller
|
| |
Chief Accounting Officer of Equinix, Inc.
(Principal Accounting Officer) |
| |
February 13, 2026
|
|
| |
/s/ Wendy Lee
Lee Hsiao Wen
|
| |
Director
|
| |
February 13, 2026
|
|
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/s/ Tan Pei Yun
Tan Pei Yun
|
| |
Director
|
| |
February 13, 2026
|
|
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/s/ Cyrus Adaggra
Cyrus Adaggra
|
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Director
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| |
February 13, 2026
|
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