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): December 26, 2002
EQUINIX, INC.
(Exact Name of
Registrant as Specified in its Charter)
Delaware
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000-31293
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77-0487526
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(State or Other Jurisdiction of Incorporation) |
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(Commission File Number) |
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(I.R.S. Employer Identification Number) |
2450 Bayshore Parkway
Mountain View, CA 94043
(650) 316-6000
(Addresses, including zip code, and telephone numbers, including area code, of principal executive offices)
ITEM 5. OTHER EVENTS
On October 2, 2002, Equinix, Inc., a Delaware corporation (Equinix), Eagle Panther Acquisition Corp., a Delaware corporation and an indirect wholly-owned
subsidiary of Equinix (Merger Sub), Eagle Jaguar Acquisition Corp., a Delaware corporation and an indirect wholly-owned subsidiary of Eagle (SP Sub), STT Communications Ltd, a corporation organized under the laws of the
Republic of Singapore (STT Communications), i-STT Pte Ltd, a corporation organized under the laws of the Republic of Singapore and a wholly-owned subsidiary of STT Communications (i-STT), Pihana Pacific, Inc., a Delaware
corporation (Pihana), and Jane Dietze, as Pihana Stockholders Representative, entered into a Combination Agreement (the Combination Agreement). Subject to the terms and conditions of the Combination Agreement, STT
Communications will transfer all the outstanding capital stock of i-STT to SP Sub, and Merger Sub will merge with and into Pihana, with Pihana becoming an indirect wholly-owned subsidiary of Parent (the Combination).
On August 15, 2002, Equinix received a notice from Nasdaq indicating that the failure of its common stock to maintain
Nasdaqs minimum closing bid price requirement of $1.00 had continued beyond the 90-day probationary period allowed under The Nasdaq National Marketplace Rules and, therefore, its common stock may be delisted. On August 21, 2002, Equinix
appealed the delisting decision and requested the delisting be stayed pending a hearing before the Nasdaq Qualifications Panel. A hearing was granted and Equinix appeared before the panel on October 3, 2002. On November 25, 2002 the Nasdaq
Qualifications Panel issued a decision to continue the listing of our common stock on The Nasdaq National Market. However, such continuance is contingent upon our ability to demonstrate compliance with all of the requirements for initial listing on
The Nasdaq National Market and the completion of the Combination and related transactions on or before December 31, 2002. In connection with the Panels decision, the Panel required Equinix to make a public filing, which includes a pro forma
balance sheet no older than 45 days from the closing of the Combination. Currently, the parties expect the Combination to close December 31, 2002. In accordance with the Panels request, a copy of the Unaudited Pro Forma Combined Consolidated
Condensed Balance Sheet as of November 30, 2002 is attached hereto as Exhibit 99.1.
ITEM 7. FINANCIAL
STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) EXHIBITS.
99.1 Unaudited Pro Forma Combined Consolidated Condensed Balance Sheet
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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.
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EQUINIX, INC. |
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DATE: |
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December 26, 2002 |
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By: |
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/s/ RENEE F. LANAM
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Renee F. Lanam Chief Financial Officer |
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INDEX TO EXHIBITS
Exhibit Number
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Description
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99.1 |
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Unaudited Pro Forma Combined Consolidated Condensed Balance Sheet |