secwatch.observer — SEC 8-K summary
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Issuer:     DigitalOcean Holdings, Inc. (DOCN)
CIK:        0001582961
Form:       8-K
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0001582961-23-000012
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 4.01, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DigitalOcean replaces EY with PwC as auditor; updates share repurchase progress
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1582961/000158296123000012/0001582961-23-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1582961/000158296123000012/docn-20230327.htm
  HTML page:      https://secwatch.observer/filing/0001582961-23-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer