Facebook To Increase IPO By 25%

Posted on May 16 2012 - 5:53am by Editorial Staff

A big picture coming up from Facebook IPO side is that company is looking out to increase its share volumes by 25%, bringing the total higher than it what it originally announced, according to CNBC. The social giant increased its initial public offering range from $28-$35 to $34-$38 per share, and offered 50.6 million more shares and with the current news seems Facebook does not want to keep any stone unturned.

Calculating now some facts and figures based on this rumor, if Facebook amends its IPO for an eight time, it will be offering some 422 million shares, if we go on an increase in 25% volume value, means the company could now raise anywhere between $14.35 billion and $16.04 billion. Earlier, with the sale of some 337.4 million shares, Facebook could raise between $5.04 billion and $6.30 billion for itself, as well as between $4.41 billion and $5.51 billion for its investors.

As the day passes by, Facebook going public getting more staggering with lots of assumptions, experimentations and over the top (do see: After IPO, Will Facebook Lose Its Shine?)  – the effect it will bring on trading, investors, and all those who are directly or indirectly related to it.

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Editorial Staff

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