The Online Investor
OLI Premium
Retiree Portfolio
Stock Option Ideas
Preferred Stock Newsletter

Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Thu., Oct. 27, 4:33 PM

Slide #12. Twilio Inc. Secondary Offering

Company: Twilio Inc. (NYSE:TWLO)
Date announced: 10/20/2016
Shares Offered: 7,000,000
Date of Pricing: 10/20/2016
Price Per Share: $40.00
Secondary Offering Details: Twilio Inc. (NYSE:TWLO), a leading Cloud Communications Platform company, today announced the pricing of its public offering of 7,000,000 shares of Class A common stock at a price of $40.00 per share. 641,222 of the shares are being offered by Twilio and 6,358,778 of the shares are being offered by certain selling stockholders. Twilio will not receive any proceeds from the sale of the shares by the selling stockholders. In addition, Twilio has granted the underwriters a 30-day option to purchase up to 1,050,000 additional shares of Class A common stock from Twilio at the public offering price.

Twilio provides a Cloud Communications Platform that enables developers to build, scale and operate communications within software applications through the cloud as a pay-as-you-go service. Co.'s product offerings fit three basic categories: Programmable Voice, Programmable Messaging and Programmable Video. Co. also provides use case products, such as a two-factor authentication solution. Co.'s developer-first platform approach consists of three things: its Programmable Communications Cloud, Super Network and Business Model for Innovators. Co. had over 28,000 Active Customer Accounts as of Mar 31 2016, representing organizations big and small, old and young, across nearly every industry.

TWLO SEC Filing Email Alerts Service

Open the TWLO Page at The Online Investor »

Company Name:  Twilio Inc
Sector:  Information Technology Services
Number of ETFs Holding TWLO:  13
Total Market Value Held by ETFs:  $4.05M
Total Market Capitalization:  $451.00M
% of Market Cap. Held by ETFs:  0.90%

Open the TWLO Page at The Online Investor (in a new window) »

October 27, 2016    4:33 PM Eastern
Quotes delayed 20 minutes

Hold (2.33 out of 4)
15th percentile
(ranked lower than approx. 85% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Secondary Stock Offerings | | Copyright © 1998 - 2016, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.