DigitalOcean Announces Closing of $625 Million Convertible Senior Notes Offering, Including Full Exercise of Initial Purchasers’ $75 Million Option to Purchase Additional Notes

BROOMFIELD, Colo.--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (“DigitalOcean”) (NYSE: DOCN), today announced the closing of its previously announced offering of $625 million aggregate principal amount of 0.00% convertible senior notes due 2030, including the full exercise of the initial purchasers’ option to purchase an additional $75 million aggregate principal amount of the notes. DigitalOcean estimates that the total net proceeds from the offering are approximately $605.6 million, after de