UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): April 24, 2014
EQUINIX, INC.
(Exact Name of Registrant as Specified in its Charter)
Delaware | 000-31293 | 77-0487526 | ||
(State or Other Jurisdiction Incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification Number) |
One Lagoon Drive, 4th Floor
Redwood City, California 94065
(650) 598-6000
(Addresses, including zip code, and telephone numbers, including area code, of principal executive offices)
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)) |
Item 3.02. Unregistered Sales of Equity Securities
On April 24, 2014, Equinix, Inc. (the Company) entered into a note exchange agreement (the Exchange Agreement) with a holder (the Holder) of the Companys outstanding 4.75% Convertible Subordinated Notes (the Notes) pursuant to which the Holder agreed to exchange approximately $98.9 million of its Notes to the Company in exchange for (i) an aggregate of 1,172,766 shares of the Companys common stock, par value $0.001 per share (the Common Stock) and (ii) approximately $10.3 million in cash (the Exchange). The Exchange will result in a net present value benefit to the Company and is expected to occur on May 2, 2014, subject to customary closing conditions. The issuance of the Common Stock is being made in reliance on the exemption from registration contained in Section 3(a)(9) of the Securities Act of 1933, as amended.
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. | ||||||
April 24, 2014 | By: | /s/ Keith D. Taylor | ||||
Name: Keith D. Taylor Title: Chief Financial Officer |