TWLO Stock Offering

Raising $750 million with a greenshoe option to raise an additional $112 million.

“Twilio intends to use the net proceeds from this offering for general corporate purposes, which may include the acquisition of other companies or businesses, the refinancing or repayment of debt, capital expenditures, working capital and share repurchases.”

https://investors.twilio.com/all-news/press-release-details/…

3 Likes

I’m hoping they gobble up one of their smaller competitors – BAND - Market cap $1.8 Billion or TEUM –
$520 million. I have small positions in both.

According to their website of BAND

Bandwidth is the only API platform provider that owns a Tier 1 network, giving you better quality, rates, and control.

So could be a great move for TWLO to get access to that network and improve margins.

Sorry for typo on the quote - -these are my words – not from BAND’s website:

“So could be a great move for TWLO to get access to that network and improve margins.”

TWLO purchasing BAND would solve “structural issues”

https://seekingalpha.com/article/4250117-understanding-twili…
https://seekingalpha.com/article/4265925-twilio-structural-i…

3 Likes