{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-21-249124","form_type":"8-K","ticker":"TWLO","cik":"0001447669","company_name":"TWILIO INC","filed_at":"2021-08-17T23:59:59+00:00","discovered_at":"2026-05-14T18:04:18.137259+00:00","generated_at":"2026-06-29T09:31:05.061949+00:00","sec_items":["1.01","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Twilio commits up to $750M investment in Syniverse SPAC merger at $2.85B enterprise value","bullets":["Twilio will invest $500M minimum up to $750M in Syniverse as part of de-SPAC merger with M3-Brigade Acquisition II Corp. (MBAC).","Syniverse enterprise valued at $2.85B; merger expected to close by end of 2021, subject to MBAC stockholder approval and HSR clearance.","Existing Syniverse shareholders (including Carlyle) rolling 100% of equity; Twilio becomes significant minority owner.","PIPE of $265M committed from Oak Hill Advisors and Brigade Capital Management includes $69.2M common stock and $195.8M convertible preferred.","Amended Framework Agreement between Twilio and Syniverse grants Twilio consent and other rights regarding merger terms."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-21-249124","json":"https://secwatch.observer/filing/0001193125-21-249124.json","markdown":"https://secwatch.observer/filing/0001193125-21-249124.md","text":"https://secwatch.observer/filing/0001193125-21-249124.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1447669/000119312521249124/0001193125-21-249124-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1447669/000119312521249124/d208582d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T09:31:05.061949+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}