Twilio (TWLO) Prices 5.06M Share Class A Common Offering at $247/Sh

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Twilio Announces Pricing of Offering of its Class A Common Stock

August 6, 2020 7:56 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- Twilio Inc. (NYSE: TWLO), the leading cloud communications platform, today announced the pricing of an underwritten public offering of 5,060,729 shares of its Class A common stock at a price to the public of $247.00 per share. The offering is scheduled to close on August 11, 2020, subject to customary closing conditions. The underwriters for the offering will also have a 30-day option to purchase up to an additional 759,109 shares of Twilios Class A common stock at the public offering price, less underwriting discounts and commissions.

Twilio intends to use... More