DigitalOcean launches USD 700 million follow-on share offering

Reuters

Yesterday

DigitalOcean launches USD 700 million follow-on share offering

DigitalOcean announced an underwritten public offering of USD 700.0 million of common stock.
Underwriters will have a 30-day option to purchase up to an additional USD 105.0 million of common stock.
Net proceeds are intended for additional infrastructure capacity investments and repayment of its existing Term Loan A.
J.P. Morgan, Morgan Stanley and BofA Securities are acting as joint book-running managers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DigitalOcean Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603241622BIZWIRE_USPR_____20260324_BW885794) on March 24, 2026, and is solely responsible for the information contained therein.

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Morgan, Morgan Stanley and BofA Securities are acting as joint book-running managers.\n        \n\n\n\n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DigitalOcean Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603241622BIZWIRE_USPR_____20260324_BW885794) on March 24, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}