Financing ·
DigitalOcean repurchases $471.8M of 2030 convertible notes for $1.47B
DOCNDigitalOcean Holdings, Inc.
DigitalOcean Holdings, Inc. completed the repurchase of $471,828,000 principal amount of its 0.00% Convertible Senior Notes due 2030 for an aggregate cash repurchase price of approximately $1.474 billion on July 23, 2026. The repurchase was funded using cash on hand and net proceeds from a concurrent registered direct offering of 12,543,915 shares of common stock at $117.54 per share. DigitalOcean Holdings, Inc. provides cloud computing services for small and medium-sized businesses.