DigitalOcean Plans Share Sale

DigitalOcean to sell 12.54M shares at $117.54 apiece DigitalOcean has registered to sell 12.54M shares of its common stock. The company expects to receive about $1.47B in proceeds from the offering. The planned sale has affected the company's stock, with shares

DigitalOcean to sell 12.54M shares at $117.54 apiece

DigitalOcean has registered to sell 12.54M shares of its common stock.

The company expects to receive about $1.47B in proceeds from the offering.

The planned sale has affected the company’s stock, with shares falling 2.5% in premarket trading.

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