DigitalOcean Announces Pricing of Upsized $1.3 Billion Convertible Senior Notes Offering

November 15, 2021



DigitalOcean Holdings, Inc. (“DigitalOcean”) (NYSE: DOCN) today announced the pricing of its offering of $1.3 billion aggregate principal amount of 0% convertible senior notes due 2026 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The issuance and sale of the notes are scheduled to settle on November 18, 2021, subject to customary closing conditions.