---
schema_version: "secwatch.filing_event.v1"
accession: "0001517413-23-000097"
form_type: "8-K"
ticker: "FSLY"
cik: "0001517413"
company_name: "Fastly, Inc."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:16:55.681939+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Fastly repurchases $236.4M of 0% convertible notes for ~$195M cash

## Summary
- Repurchased ~$236.4M principal of 0% convertible notes due 2026 for ~$195M cash.
- Cash price based on May 5 closing stock price of $11.78; expected close May 15, 2023.
- After cancellation, $477.4M principal of notes will remain outstanding.
- Repurchase at ~82.5% of par reduces potential dilution from conversion.

## SEC filing metadata
- accession: 0001517413-23-000097
- form_type: 8-K
- ticker: FSLY
- cik: 0001517413
- company_name: Fastly, Inc.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1517413/000151741323000097/0001517413-23-000097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1517413/000151741323000097/fsly-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001517413-23-000097
- JSON: https://secwatch.observer/filing/0001517413-23-000097.json
- Plain text: https://secwatch.observer/filing/0001517413-23-000097.txt

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