DigitalOcean pre-IPO futures have expired

All futures contracts in UTEX users’ accounts were sold at the opening price of DOCN stock.

On October 11 we sold all of DigitalOcean stock futures in UTEX users’ accounts at $82.25 – the price DigitalOcean (DOCN) opened at on the New York Stock Exchange. The funds have already been deposited into the holders' dollar accounts. The futures ticker has been removed from the interface of the exchange.

We remind you that pre-IPO futures contracts on the UTEX exchange expire 180 days after the company's IPO. Upon expiration, all futures are automatically sold at the price of the shares (the underlying asset of the futures) at the beginning of trading on that day.

Go to our blog to learn more on how pre-IPO futures work.