DigitalOcean Announces ATM Equity Offering Program Worth Up To $1B
Benzinga Newsdesk 18 hours ago
OfferingsNews
On November 2, 2026, the Company entered into an equity distribution agreement (the "Equity Distribution Agreement") with Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC,
On November 2, 2026, the Company entered into an equity distribution agreement (the "Equity Distribution Agreement") with Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, BofA Securities, Inc., MUFG Securities Americas Inc., Citizens JMP Securities, LLC, Wells Fargo Securities, LLC and BMO Capital Markets Corp., as managers (each, a "Manager" and collectively, the "Managers"), to sell shares of common stock, par value $0.000025 per share, of the Company (the "Common Stock") having an aggregate offering price of up to $1.0 billion (the "Shares"), from time to time, through an "at-the-market" offering program (the "ATM Offering").