SAN FRANCISCO–(BUSINESS WIRE)–Dropbox, Inc. (“Dropbox”) (NASDAQ: DBX) today announced the pricing of $1.1 billion aggregate principal amount of convertible senior notes due 2031 (the “Notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Act”). The aggregate principal amount of the offering was increased from the previously announced offering size of $1.0 billion. Dropbox also