Confirmed: Facebook To Go Public At $38 Per Share, Brings The Total Valuation At $104 Billion

Posted on May 17 2012 - 8:26pm by Editorial Staff

Well here is the news we all are waiting for the social giant sets it’s per share value at $38, turning the Wall Street Journal report true. This make the company total valuation to $104 billion and it will be an $18.4 billion initial public offering – a big figure that we all are waiting for. Furthermore, to notice now that the social giant current price expected range cannot be change.

Facebook IPO: Coverage and Analysis

Facebook recently filed its eighth amendment and 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 social giant increased its initial public offering range from $28-$35 to $34-$38 per share, and offered 50.6 million more shares.

While 180 million of the offered shares will come from the company itself, the remainder will come from investors. Here are the parties that plan to unload part of their stake:

  • Accel Partners: 49.03 million shares, leaving it with around 152.35 million shares.
  • DST Group: 45.66 million shares, left with around 85.62 million shares
  • Goldman Sachs: 28.67 million shares, left with around 37.27 million shares.
  • Elevation Partners: 4.62 million shares, left with around 35.49 million shares.
  • Greylock Partners: 7.61 million shares, left with around 29.05 million shares.
  • Group: 19.60 million shares, left with around 36.75 million shares.
  • Zynga CEO Mark Pincus: 1.01 million shares, left with around 4.30 million shares.
  • Meritech Capital Partners: 7.00 million shares, left with around 29.66 million shares.
  • Microsoft: Offering 6.56 million shares, left with around 26.23 million shares.
  • Reid Hoffman: 942,000 shares, left with around 3.77 million shares.
  • Tiger Global Management: 23.41 million shares, left with around 60.43 million shares.

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