---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-020546"
form_type: "8-K"
ticker: "DASH"
cik: "0001792789"
company_name: "DoorDash, Inc."
filed_at: "2025-05-28T23:59:59+00:00"
generated_at: "2026-05-20T08:28:51.713602+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DoorDash prices upsized $2.5B 0% convertible notes due 2030; net proceeds ~$2.472B

## Summary
- Upsized from $2.0B to $2.5B aggregate principal; initial purchasers have 13-day option for additional $250M.
- 0% coupon, matures May 15, 2030; initial conversion price ~$291.97/share (42.5% premium over $204.89 close).
- Net proceeds ~$2.472B after discount and expenses; part used to fund convertible note hedge and warrant transactions.
- Warrant strike price $512.225 (~150% premium); if exceeded, they could dilute shares unless settled in cash.
- Remaining proceeds for general corporate purposes, including potential acquisitions and share repurchases.

## SEC filing metadata
- accession: 0001140361-25-020546
- form_type: 8-K
- ticker: DASH
- cik: 0001792789
- company_name: DoorDash, Inc.
- filed_at: 2025-05-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792789/000114036125020546/0001140361-25-020546-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792789/000114036125020546/ef20049722_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-020546
- JSON: https://secwatch.observer/filing/0001140361-25-020546.json
- Plain text: https://secwatch.observer/filing/0001140361-25-020546.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.