Twilio (TWLO) Files to Offer Up to $400M in Common Stock

October 7, 2016 5:13 PM EDT
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(Updated - October 7, 2016 5:20 PM EDT)

Twilio (NYSE: TWLO) files to offer up to $400 million in common stock.

The company intend to offer approximately $50 million of shares of Class A common stock and the remainder will be offered by the selling stockholders.

The offering is to be led by Goldman, Sachs and JP Morgan.

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