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Cloudflare, Inc. Announces Pricing of Offering of $1.75 Billion of 0% Convertible Senior Notes Due 2030

SAN FRANCISCO, June 13, 2025--Cloudflare, Inc. ("Cloudflare") (NYSE: NET) today announced the pricing of $1.75 billion aggregate principal amount of Convertible Senior Notes due 2030 (the "notes") in a private offering (the "offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act of 1933, as amended (the "Securities Act"). Cloudflare also granted the initial purchasers of the notes a 13-day option to purchase up to

articleCloudflare, Inc.June 13, 20257/company/cloudflare-inc/news/cloudflare-inc-announces-pricing-of-offering-of-dollar175-billion-of-0percent-convertible-senior-notes-due-2030
Cloudflare, Inc. Announces Pricing of Offering of $1.75 Billion of 0% Convertible Senior Notes Due 2030

About this update from Cloudflare, Inc.

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Cloudflareprincipal amountadditional notesinitial purchaserscommon stock