Item 2.01 Completion of Acquisition or Disposition of Assets.
OnSeptember 1, 2022 ,DigitalOcean, LLC , aDelaware limited liability company ("Purchaser") and wholly-owned subsidiary ofDigitalOcean Holdings, Inc. , aDelaware corporation ("DigitalOcean"), completed its previously announced acquisition (the "Acquisition") ofCloudways Ltd. , a Maltese limited liability company ("Cloudways"). The Acquisition was effectuated pursuant to a Share Purchase Agreement, dated as ofAugust 19, 2022 (the "SPA"). Under the terms of the SPA, the Purchaser acquired Cloudways for$350.0 million in cash, subject to customary purchase price adjustments. The foregoing description of the SPA and the Acquisition does not purport to be complete and is qualified in its entirety by reference to the SPA, which was filed as Exhibit 2.1 toDigitalOcean's Current Report on Form 8-K filed with theSecurities and Exchange Commission onAugust 23, 2022 and is incorporated into this report by reference. Item 8.01 Other Events. OnSeptember 8, 2022 ,DigitalOcean issued a press release announcing the closing of the Acquisition. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. Exhibit No. Description 99.1 Press release issued byDigitalOcean Holdings ,
Inc., dated
2022. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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