{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-180799","form_type":"8-K","ticker":"DOCN","cik":"0001582961","company_name":"DigitalOcean Holdings, Inc.","filed_at":"2025-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.415338+00:00","generated_at":"2026-05-17T13:11:15.591704+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"DigitalOcean closes $625M 0% convertible notes due 2030; repurchases $1.19B of 2026 notes","bullets":["Upsized $625M offering (incl. $75M greenshoe) of 0.00% convertible senior notes due 2030; initial conversion price ~$39.17/share.","Net proceeds ~$605.6M; $83.9M used for capped call; plus $380M term loans and cash to repurchase $1,187.7M of 2026 notes.","Capped call transactions set cap price at $66.51/share (125% premium over $29.56 close) to reduce potential dilution.","New $100M stock repurchase program authorized; may buy shares via open market or 10b5-1 plan through July 31, 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-180799","json":"https://secwatch.observer/filing/0001193125-25-180799.json","markdown":"https://secwatch.observer/filing/0001193125-25-180799.md","text":"https://secwatch.observer/filing/0001193125-25-180799.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1582961/000119312525180799/0001193125-25-180799-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1582961/000119312525180799/d45966d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T13:11:15.591704+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b628ec49370284b360cf6c27a518a26c7114c6a9","claim":"DigitalOcean Holdings, Inc. incurred convertible notes of $625 million principal amount with U.S. Bank Trust Company, National Association at 0.00% maturing August 15, 2030.","evidence_excerpt":"completed its previously announced private offering (the “Offering”) of $625 million principal amount of its 0.00% Convertible Senior Notes due 2030 (the “Notes”), including the exercise in full of the initial purchasers’ option to purchase up to an additional $75 million principal amount of Notes.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1582961/000119312525180799/0001193125-25-180799-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$625 million principal amount"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"0.00%"},{"label":"Maturity","value":"August 15, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}