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Form 8-K · Current Report · Filed 2024-02-09

Twilio Inc. Adopts New Corporate Governance Bylaws

On February 8, 2024, Twilio Inc. announced that its Board of Directors approved and adopted the Third Amended and Restated Bylaws to enhance corporate governance. The new bylaws revise disclosure requirements for director nominations and business proposals by stockholders, clarify definitions related to 'Acting in Concert' and 'principal competitor', and update stockholder meeting mechanics in accordance with recent Delaware law changes.

Filer
Twilio Inc. TWLO · NYSE
Filed
Accession
0001193125-24-030240
CIK
0001447669
Signal
Medium impactTechnology

Items reported

Item 5.03

Amendments to Articles of Incorporation or Bylaws

Articles of Incorporation Amendment Bylaw Amendment
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$70.36

Next session

+1.2%

Since filing

+180.5%

Latest close

$197.35

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from TWLO reporting the same item, with the next session's move:

Exhibits (1)

About Twilio Inc.

Twilio Inc. is a cloud communications platform company that empowers developers to build and manage software communications solutions. Known for its robust application programming interfaces (APIs), Twilio facilitates voice, messaging, video, and email functions for a myriad of applications, making communication simple and programmable. The platform serves a wide array of industries, including retail, healthcare, education, and finance, enabling these sectors to seamlessly integrate communication services into their applications. Founded in 2008, Twilio has established itself as a key enabler of digital transformation, providing scalable and reliable communication technology to businesses of all sizes. Through its pioneering technology, Twilio continues to play a pivotal role in the evolution of customer engagement strategies, supporting companies worldwide in crafting personalized connections with their clients and users. It is known for its customer-centric approach, continuously evolving its services to meet the dynamic needs of the global communications market.

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