DigitalOcean Holdings Inc.
DigitalOcean Holdings, Inc. Repurchases Convertible Senior Notes and Conducts Equity Offering
Summary
On July 23, 2026, DigitalOcean Holdings, Inc. completed the repurchase of $471,828,000 principal amount of its outstanding 0.00% Convertible Senior Notes due 2030 in privately negotiated transactions with a limited number of holders for an aggregate repurchase price of approximately $1.474 billion. The repurchase was funded, together with cash on hand, by the net proceeds from the Company's concurrent registered direct offering of 12,543,915 shares of its common stock at a price of $117.54 per share. The equity offering was made pursuant to a preliminary prospectus supplement, a pricing term sheet, a final prospectus supplement, and the base prospectus filed as part of the Company's automatic shelf registration statement.
Profitelligence Alerts
Get alerts for DOCN
Be first to know when DigitalOcean Holdings Inc. files with the SEC.
Filing Categories
Advertisement
About DigitalOcean Holdings Inc.
DigitalOcean Holdings Inc. is a cloud infrastructure provider aimed at simplifying cloud computing for small-to-medium-sized businesses as well as individual developers. The company's primary function is to deliver scalable and cost-effective cloud services, including computing, data storage, and networking, through an intuitive platform designed for ease of use. Notably, DigitalOcean focuses on the developer experience by offering streamlined setup processes and comprehensive documentation to aid the deployment and management of cloud applications. The company impacts sectors ranging from software development to e-commerce by enabling rapid application development and growth without the complexity that typically accompanies such infrastructure solutions. A defining feature of DigitalOcean's offerings is its Droplets, which are virtual machines that can be spun up quickly to handle various server-side applications. In the competitive cloud infrastructure market, DigitalOcean stands out for its commitment to serving a niche of developers who value simplicity, transparency, and community focus, thereby playing a vital role in empowering digital innovation and entrepreneurship.
Official SEC Documents
Advertisement