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...
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With the social giant going public on Friday, Facebook has reportedly hired executive-recruiting firm Spencer Stuart to help it identify prospective board members, including at least one woman on board, to its board of directors. Bloomberg reports that company is looking for someone who can add diversity to its all-male board team, through it won’t add anyone till Friday, when it goes public. “Once Facebook becomes a public company, the board needs a seasoned corporate director and people with a variety of backgrounds,” said Carey,...
A new data revealed from a CNBC poll of 1,004 US adults among of which, almost half of Americans believes Facebook is a passing fad. 46 percent believe it “will fade away as new things come along,” 43 percent believe it “will be successful over the long term,” and 11 percent don’t know what to think. The poll take place between May 3 and May 7 through landline and cell phone interviews, and the results have a margin of sampling error of plus or minus 3.9 percentage points. The results are hardly stands with a mere favorable...
Few hours ago we reported that Facebook refile its giant initial public offering with a new per share value of $34-$38, means bringing the valuation between $92-$103 billion. The social giant stock has been registered and approved for listing on the Nasdaq under the ticker symbol “FB” –finally got listed turning the heartbeats of many. But in all the excitement have we wondered once the world’s largest social networking company Facebook (which owes 901 million users worldwide) goes public, does the company lose its shine? Or what...
Things do not require much time to make it happen, I guess you all do understand for whom I am talking about and if you are not, then let me tell you, I am talking about Facebook IPO. We reported earlier that the social giant expected to refile its IPO tomorrow (means today) at a valuation between $92-$103 billion, means per share value would be between $34-$38. And, now turning the lights on, Facebook has just filed a seventh amendment to its S-1. Here is what the seventh amendment says: Facebook, Inc. is offering 180,000,000 shares...
This probably would be a rumor as it turns out to be a big day for Mark Zuckerberg and everyone who is connected with Facebook. The rumor is that the social giant co-founder and CEO Mark Zuckerberg won’t be in New York on Friday, when his company is expected to go public. He will remain in company’s headquarters in Menlo Park. It means he will be ringing the Nasdaq bell remotely, instead of ringing the bell at Nasdaq’s centre, according to CNBC, via Twitter. News Alert: Facebook to ring opening bell remotely from Menlo Park HQ –...
With Zuckerberg turns 28 yesterday, a big gift for him yet to come – Yes, I am talking about his company Facebook initial public offering, but what makes the birthday more special to him, according to CNBC, Facebook is to refile its S-1 documentation for IPO tomorrow at a range of $34-$38 per share, which means its valuation would be between $92 billion to $103 billion. The company has set an IPO price of $28 to $35 a share, valuing the company by as much as $96 billion. When it goes public, Facebook will trade on the Nasdaq under the...
In all excitement of Facebook going public in just four days on May 18, the social giant’s founder and CEO Mark Zuckerberg turns 28 – Yes, Zuckerberg turns a year older today – but what he is sitting on – he is sitting on $100 billion pile – as his company “Facebook” going public – in one of the history’s biggest initial public offering. The company starts from a dorm and now having the offices worldwide – a social giant – Yes a biggie giant with having a hold on 901 million users worldwide. Now, Facebook is finally...
The reason of joy is near for all those whom it meant a lot – Yes I am talking about Facebook IPO which is nothing less than like a festival for all – the giant IPO – the social giant going to get public this Friday resulting in bringing its initial public offering – one of the largest initial public offerings in history. Even, furthermore, what makes this IPO more interesting is that the company’s CEO Mark Zuckerberg will be worth $25 billion once the company goes public on Friday, it is around $6.4 billion more than what Yahoo’s...
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...
