Citing the “person familiar with the matter”, CNBC reports that Facebook’s price range for its initial public offering (IPO) has reportedly been finalized. It will not be re-filed with the U.S. Securities and Exchange Commission (SEC) before today’s pricing call. According to the publication, final pricing discussion is currently ongoing and won’t be made until the final bell. Furthermore, to notice once the social giant could still price above the current price expected range (of $34-$38), SEC does not allow companies going...
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Facebook recently filed eighth amendment state that the social giant will offer 180,000,000 share of its Class A common stock and the selling stockholders are offering 241,233,615 shares of Class A common stock. Furthermore, some of social giant’s biggest shareholders are now selling as much as half of their stakes in the company. CNBC reports that under the U.S. Securities and Exchange Commission’s rules, Facebook can still price up to 20 percent above that range with $45 representing an absolute maximum. ...
The social giant “giant” Initial Public Offering is standing just a day away. We had heard, read and whisper a lot of stories about Facebook’s giant IPO – Yes it is giant – from one to many terms. Now, with the medium of Infographic created by mbaonline.com it suggest the story starts from till the current timeline or in simple words “The Facebook IPO Timeline”. Before letting you into the Infographic, if you want to grab the I2Mag coverage and analysis over the Facebook’s IPO, click on the image: And, now here is the...
An interesting piece of news from Fortune suggests that why the Facebook’s initial public offering (IPO) timing is important while considering from tax perspective point. The publication states that if the company begins trading on Friday, as planned, means it would be 228 days away from 2012 end or in tax terms, 228 days before capital gains tax rates are expected to rise. In an IPO, certain shares are “locked up”, means that they cannot be sold immediately resulting in investors have to wait to unload their stake. The point here...
Facebook has reportedly scheduled an all-night long hackathon for Thursday at its Menlo Park headquarters, just a day before the social giant goes public. Best part of hackathon is that it will end with Facebook co-founder and CEO Mark Zuckerberg ringing the Nasdaq bell turning the company into a public company. The social giant has set up an internal Event page which has already over 1,000 saying that they are going to be part of it. “We want to get everyone together and remind ourselves that this company is about building things,”...
Facebook recently filed eighth amendment state that the social giant will offer 180,000,000 share of its Class A common stock and the selling stockholders are offering 241,233,615 shares of Class A common stock. Furthermore, some of social giant’s biggest shareholders are now selling as much as half of their stakes in the company. Now what important is that if everything goes as planned, the social giant options trading will begin in two weeks time –Yes, two weeks – the International Securities Exchange (ISE) today announced...
Facebook is now offering 180,000,000 shares of its Class A common stock and the selling stockholders are offering 241,233,615 shares of Class A common stock, according to the eight amendments filed by the social giant. Furthermore, WSJ reported that some of social giant’s biggest shareholders are now selling as much as half of their stakes in the company. Over the top what not to forget is that there are 139 million options held by employees. Now, how this 139 million options brings smile at least for California State. H.D. Palmer from...
We reported earlier that Facebook tend to increase its share volumes by 25% and with the social giant’s eight amendments, the company increased its initial public offering range from $28-$35 to $34-$38 per share, and offered 50.6 million more shares. Facebook is now offering 180,000,000 shares of its Class A common stock and the selling stockholders are offering 241,233,615 shares of Class A common stock. The Wall Street Journal reports that some of social giant’s biggest shareholders are now selling as much as half of their stakes...
We reported earlier today that General Motors planning to stop advertising on Facebook after the company’s marketing executives determined their paid ads had little impact on consumers. Interesting fact is that the news broke out only three days before the social giant IPO. GM spends about $10 million of its 2011 ad spending out of $1.8 billion on Facebook Two aspects coming out with the news: first why and what brings the news certainly at this time only and second as said, if GM pulls out its campaign from social giant – then it...
We reported earlier today that Facebook will increase its share volumes by 25% and this is what happened now, the social giant has filed its eight amendments. The social giant increased its initial public offering range from $28-$35 to $34-$38 per share, and offered 50.6 million more shares Here is what eight amendments say: Facebook, Inc. is offering 180,000,000 shares of its Class A common stock and the selling stockholders are offering 241,233,615 shares of Class A common stock. We will not receive any proceeds from the sale of shares...
