Form 8-K · Current Report · Filed 2026-08-13
Cloudflare, Inc. Announces $2.5 Billion Convertible Senior Notes Issuance
Cloudflare, Inc. announced the issuance of $2.5 billion aggregate principal amount of 0% Convertible Senior Notes due 2031. The notes are convertible into Class A common stock at the option of the holders under certain conditions. The issuance is accompanied by capped call transactions to offset potential dilution and reduce cash payments. The company also amended its Credit Agreement to adjust the cap on the amount of unrestricted cash deducted from consolidated funded indebtedness. The net proceeds from the offering will be used for general corporate purposes.
- Filer
- Cloudflare Inc. NET · NYSE
- Filed
- Accession
- 0000950103-26-012340
- CIK
- 0001477333
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$311.45
Since filing
+0.0%
Latest close
$311.45
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from NET reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, NET insiders reported 257 Form 4 transactions — net selling of $133.7M.
About Cloudflare Inc.
Cloudflare Inc. is a technology company specializing in web infrastructure and website security services. Its primary purpose is to enhance the performance and security of internet-connected assets, operating across a variety of sectors such as e-commerce, finance, healthcare, and more. Cloudflare offers a comprehensive suite of services, including content delivery network (CDN) capabilities, Distributed Denial of Service (DDoS) protection, internet security, and domain name server (DNS) solutions. By optimizing the speed and safety of websites and applications, Cloudflare plays a crucial role in ensuring seamless and secure digital experiences for users. Positioned at the forefront of internet security and network optimization, Cloudflare is essential in supporting the robust operations of millions of websites and applications worldwide, making it a pivotal entity in the digital economy. Its services cater not only to large-scale enterprises but also to smaller businesses and individual users, contributing significantly to global internet stability and efficiency.
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