Possible new DOCN shares

DOCNDilution

Known so far: no new shares from the prospectus covers read · shelf not limited by the baby-shelf rule · not yet read: warrants.

Shelf room

  • Room today not capped by the baby-shelf rule ($1.7B float, Jun 30, 2025)
How this is worked out

Shelf room on the S-3ASR of Mar 24, 2026: not limited by the baby-shelf rule, because the $1.7B public float stated as of Jun 30, 2025 is $75M or more. Sources: S-3ASR Mar 24, 2026, effective Mar 24, 2026 · public float, as of Jun 30, 2025.

What could become new DigitalOcean Holdings (DOCN) shares: convertible notes, options and RSUs and an ATM program, each with the 10-Q, 10-K, S-3 or 424B filing it comes from.

DOCN dilution ladder

Every source of new shares on record, from the filings that created it.

117.9M outstanding; up to 141.3M fully diluted, +20%

  1. Outstandingas of Nov 3, 2026 (424B5 cover) · Prospectus cover, shares outstanding before the offering
    117.9M
  2. At-the-market program$1.0B program424B5 Nov 3, 2026 · At-the-market prospectus supplementat $89.79, stated in the filing on Nov 2
    +11.1M
  3. Convertible notesconvert at $178.51, 8.7M shares10-Q Nov 3, 2026 · securities left out of diluted EPS
    +8.7M
  4. Options and RSUs562K options, 3M RSUs10-Q Nov 3, 2026 · securities left out of diluted EPS
    +3.6M

Not stated in the filings we read: warrants.

Counts, sizes and prices as stated in each filing; the fully diluted count is arithmetic on them. Dollars become shares only at a price a filing states. Not advice.

Financing terms to know

None found in filings since Nov 3, 2026.

Each term is quoted from the exhibit it comes from; numbers are as stated in the filing. A flag describes a financing term. It is not investment advice.

Shares outstanding

118M

Feb 2025 to Oct 2026: from 92.1M to 118M.

From the share count on the cover of each 10-Q and 10-K, dated as each cover states.