DigitalOcean Holdings, Inc. (DOCN): auditor change — DigitalOcean replaces EY with PwC as auditor; updates share repurchase progress

DigitalOcean Holdings, Inc.

Dismissed Ernst & Young as auditor March 27, 2023; no disagreements; appointed PwC for FY 2023.
Reaffirms Q1 2023 revenue and adjusted EBITDA margin guidance; expects to exceed non-GAAP EPS guidance due to buyback.
Repurchased $273.5M of $500M program as of March 30, buying 7.97M shares at avg $34.30; 89.7M shares outstanding.

item 4.01 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

DigitalOcean Holdings, Inc. engaged PricewaterhouseCoopers LLP as its auditor.

Action: engagement
Auditor: PricewaterhouseCoopers LLP

Exact text from the filing

On March 27, 2023, the Board, upon the recommendation of the Audit Committee, approved the appointment of PricewaterhouseCoopers LLP (“ PwC ”) as the Company’s new independent registered public accounting firm for the fiscal year ending December 31, 2023, effective immediately, subject to execution of an engagement letter.

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Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

DigitalOcean Holdings, Inc. dismissed Ernst & Young LLP as its auditor.

Action: dismissal
Auditor: Ernst & Young LLP

Exact text from the filing

On March 27, 2023, the Board of Directors (the “ Board ”) of DigitalOcean Holdings, Inc. (the “ Company ”), upon the recommendation of the Audit Committee of the Board (the “ Audit Committee ”), dismissed Ernst & Young LLP (“ EY ”), as the Company’s independent registered public accounting firm, effective immediately.

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6 auditor changes filed in the last 30 days. Browse all auditor changes →

DigitalOcean Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001582961-23-000012

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