Twilio Files a $400 Million Offering Proposal

Cloud communications specialist Twilio (NYSE: TWLO) has announced a $400 million secondary offering, consisting of $50 million worth of new Class A shares, with the remainder to be existing shares sold by current shareholders. The announcement comes after Twilio stock quadrupled from its IPO price of $15 in just over three months, and ahead of its lockup expiration on Dec. …read more

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