{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-037836","form_type":"8-K","ticker":"TWLO","cik":"0001447669","company_name":"TWILIO INC","filed_at":"2022-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:04:06.518617+00:00","generated_at":"2026-06-27T08:21:48.280415+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Twilio's SPAC merger plan for Syniverse fails; alternative direct investment pursued","bullets":["M-3 Brigade Acquisition II Corp. and Syniverse terminated merger due to excessive shareholder redemptions.","Twilio will not purchase $500M-$750M in MBAC common stock as previously agreed.","Framework Agreement remains; Twilio now pursuing direct $500M-$750M minority investment in Syniverse.","Parties also plan to enter into a wholesale agreement under the Framework Agreement.","August 2021 Framework Agreement amendment terminated with the merger termination."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-037836","json":"https://secwatch.observer/filing/0001193125-22-037836.json","markdown":"https://secwatch.observer/filing/0001193125-22-037836.md","text":"https://secwatch.observer/filing/0001193125-22-037836.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1447669/000119312522037836/0001193125-22-037836-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1447669/000119312522037836/d315363d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T08:21:48.280415+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"}