We largely steer clear of companies going public here at Engadget, but Facebook and its zillions of users warrants an atypical tip of the hat. The outfit has announced that starting tomorrow, 421,233,615 shares of its common stock will be up for grabs at a price to the public of $38 per share. It'll trade on the NASDAQ under the symbol "FB," with the outfit offering 180,000,000 shares of Class A common stock and selling stockholders offering 241,233,615 shares of Class A common stock.
Engadget
See also:
technoleap, Facebook IPO is official: $38 per share, on sale tomorrow under ticker symbol 'FB'
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.