Facebook Stock Approved For Listing On Nasdaq

Posted on May 14 2012 - 4:47pm by Editorial Staff

Turning the rumors down which says that Facebook will not get public on May 18 – here it is for breaking the ice – confirming that Facebook’s stock has been registered and approved for listing on the Nasdaq under the ticker symbol “FB” – Yes they finally got listed turning the heartbeats of many as it moves one step further for the much – the social giant has just been published the FORM 8-A with the U.S. Securities and Exchange Commission (SEC).

Here’s the relevant excerpt:

Facebook, Inc. (the “Registrant”) hereby incorporates by reference the description of its Class A common stock, par value $0.000006 per share, to be registered hereunder contained under the heading “Description of Capital Stock” in the Registrant’s Registration Statement on Form S-1 (File No. 333-179287), as originally filed with the Securities and Exchange Commission (the “Commission”) on February 1, 2012, as subsequently amended (the “Registration Statement”), and in the prospectus included in the Registration Statement to be filed separately by the Registrant with the Commission pursuant to Rule 424(b) under the Securities Act of 1933, as amended, which prospectus shall be deemed to be incorporated by reference herein.

The Registrant’s Class A common stock to be registered hereunder has been approved for listing on the NASDAQ Global Select Market of The NASDAQ Stock Market LLC under the symbol “FB.”

Bloomberg earlier reported that the social giant from tomorrow will not take order of its initial public offering, which is two days ahead of actual schedule. Facebook is offering about 337 million shares at $28 to $35 each. Morgan Stanley (MS), JPMorgan Chase & Co. (JPM) and Goldman Sachs Group Inc. (GS) are the lead managers for the sale.

Moving further to the big date – the May 18th – the day when Facebook will be define as public company – more and more news breaking the business world – as this is going to be the biggest IPO.

Related Stories:

About the Author
Editorial Staff

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