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 offering price.
Goldman, Sachs & Co. and J.P. Morgan Securities LLC are acting as joint book-running managers for the proposed offering. Allen & Company LLC, Pacific Crest Securities, a division of KeyBanc Capital Markets Inc., JMP Securities LLC, William Blair & Company, L.L.C., and Canaccord Genuity Inc. are acting as co-managers.
This offering is being made only by means of a prospectus. A copy of the final prospectus, when available, may be obtained from Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, or email: firstname.lastname@example.org; and from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717.
A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Twilio makes communications easy and powerful. With Twilio's platform, businesses can make communications relevant and contextual by embedding real-time communication and authentication capabilities directly into their software applications. Founded in 2008, Twilio has over 500 employees, with headquarters in San Francisco and other offices in Bogotá, Dublin, Hong Kong, London, Mountain View, Munich, New York City, Singapore and Tallinn.
Source: Twilio Inc.