home · filing · 0001582961-22-000014
8-K filed March 30, 2022, 7:59 PM ET
ticker DOCN
CIK 0001582961
debt
confidence high
sentiment positive
materiality 0.70
DigitalOcean increases revolver to $250M, extends maturity, appoints new CAO
DigitalOcean Holdings, Inc.
Revolving credit limit raised from $150M to $250M; maturity extended to 5 years (or earlier of 90 days before $100M+ convertible maturity).
Interest rate benchmark switched from LIBOR to SOFR plus 1.25%-2.00% margin, down from 2.00%-4.00% under LIBOR.
New financial covenant: maximum senior secured net leverage ratio of 3.50x; minimum debt service coverage ratio eliminated.
Adrienne Calderone appointed SVP, Chief Accounting Officer (principal accounting officer) effective March 28, 2022.
Foreign subsidiaries added as guarantors; 100% of equity interests pledged as collateral.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Appointed
Adrienne Calderone
Senior Vice President, Chief Accounting Officer
DOCN ·
DigitalOcean Holdings, Inc.
Effective 2022-03-28
Filed March 30, 2022, 7:59 PM ET
On March 28, 2022, the Company appointed Adrienne Calderone as Senior Vice President, Chief Accounting Officer.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Adrienne Calderone was appointed as Senior Vice President, Chief Accounting Officer at DigitalOcean Holdings, Inc..
Action appointed
Role Senior Vice President, Chief Accounting Officer
Exact text from the filing
On March 28, 2022, the Company appointed Adrienne Calderone as Senior Vice President, Chief Accounting Officer.
View on SEC.gov
Source: SEC EDGAR
accession 0001582961-22-000014
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.