Connect with us

International Circuit

Twilio announces voluntary delisting from long-term stock exchange

Twilio, the customer engagement platform that drives real-time, personalized experiences for today’s leading brands, announced that it has applied to voluntarily delist its Class A common stock from the Long-Term Stock Exchange. Accordingly, it is anticipated that, effective at the close of markets on December 29, 2022, Twilio’s shares of Class A common stock will no longer be dual-listed on the LTSE but will continue to trade and be listed on the New York Stock Exchange under the symbol “TWLO”.

As part of Twilio’s commitment to non-GAAP operating profitability beginning in 2023, the Company has evaluated discretionary expenses and determined that the costs associated with maintaining a dual listing were no longer justified.

CT Bureau

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Copyright © 2024 Communications Today

error: Content is protected !!