Twilio (TWLO) Announces $1 Billion Proposed Public Offering of Class A Common Stock
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Twilio Inc. Announces Proposed Public Offering of Class A Common Stock
February 18, 2021 4:19 PM ESTSAN FRANCISCO--(BUSINESS WIRE)-- Twilio Inc. (Twilio) (NYSE: TWLO), the leading cloud communications platform, today announced that it has commenced an underwritten public offering of $1,000,000,000 of shares of its Class A common stock. All of the shares in the proposed offering will be sold by Twilio. In addition, Twilio expects to grant the underwriters a 30-day option to purchase up to an additional $150,000,000 of shares of its Class A common stock in the offering. The proposed offering is subject to market and other conditions, and there can be no assurance as to... More
