BROOMFIELD, Colo.--(BUSINESS WIRE)--Aug 12, 2025--
DigitalOcean Holdings, Inc. (“DigitalOcean”) (NYSE: DOCN), today announced the pricing of $550 million aggregate principal amount of 0.00% convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of the Offering was increased from the previously announced offering size of $500 million. The sale of the notes to the initial purchasers is expected to close on August 14, 2025, subject to customary closing conditions.
DigitalOcean also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days