Twilio (TWLO) IPO Opens Up 60%

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Go back to Twilio (TWLO) IPO Opens Up 60%

Twilio Announces Pricing of Initial Public Offering

June 22, 2016 7:08 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- Twilio Inc. (NYSE: TWLO), a leading cloud communications platform company, today announced the pricing of its public offering of 10,000,000 shares of Class A common stock at a price of $15.00 per share. The shares are expected to begin trading on the New York Stock Exchange on June 23, 2016 under the symbol TWLO. All of the shares are being offered by Twilio. In addition, Twilio has granted the underwriters a 30-day option to purchase up to 1,500,000 additional shares of Class A common stock from Twilio at the initial public... More