Facebook May Not Go Public On May 18 (Rumor)

Posted on May 14 2012 - 4:17am by Editorial Staff

A new speculation surrounded the web is that Facebook long awaited IPO may get delayed, means the social giant may not go public on May 18. It might be because that the U.S. Securities and Exchange Commission (SEC) have yet to approve the company’s filing for an initial public offering (IPO). The news comes from media reporter Julia Boorstin, who sent out the following message on Twitter:

Facebook says May 18 IPO is uncertain pending SEC approval of S-1. Roadshow meeting over, mobile, ads in focus. #facebookipo

CNBC then reported it on air and also essentially retweeted the message on Twitter:

Facebook says May 18 IPO is uncertain pending SEC approval of S-1. Roadshow meeting over, mobile, ads in focus. (via @JBoorstin)

Well, we know as the date approaches the rumor mill industry fetching up and this time it is for Facebook IPO. We wish all goes well and the social giant would get listed in NASDAQ on May 18 under the ticker symbol “FB”.

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Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.