Twilio (TWLO) Amends S-1 Allowing for Sale of 7M of Common Stock in Secondary Offering

October 18, 2016 9:20 AM EDT
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Twilio (NYSE: TWLO) filed an amended S-1 with the SEC allowing for the sale of 7 million shares of common stock. The previous filing didn't list the number of shares.

From the filing:

The selling stockholders of Twilio, Inc., which include certain of our executive officers and directors, are offering 6,357,079 shares of Class A common stock and we are offering 642,921 shares of our Class A common stock in this offering. We will not receive any proceeds from the sale of shares to be offered by the selling stockholders.

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