Just as reports over the past week have claimed, Facebook has officially filed its initial public offering (IPO) documents with the SEC this afternoon, worth $5 billion. The company was initially expected to file an IPO closer to $10 billion, but has elected to start small and move up, meaning it still has the change to be one of the largest tech IPOs in history.
Morgan Stanley will be the lead underwriter on the IPO, while Goldman Sachs and Bank of America will help out. Shares are expected to begin being traded sometime in May of this year.
Developing...
[...] Facebook's initial public offering filing with the SEC earlier today, the media is now getting a chance to read through the entire document [...]
[...] that having only one main source of money has finally come back to hurt Facebook, which just filed for an initial public offering (IPO) worth $5 billion. // Filed Under: Facebook, Industry, [...]
[...] that having only one main source of money has finally come back to hurt Facebook, which just filed for an initial public offering (IPO) worth $ 5 [...]
[...] in secondary markets sometime in the beginning of April. This news comes just two months after Facebook filed a $5 billion initial public offering (IPO) to begin trading shares. The world's largest social network, however, never gave a timeframe [...]
[...] in secondary markets sometime in the beginning of April. This news comes just two months after Facebook filed a $ 5 billion initial public offering (IPO) to begin trading shares. The world’s largest social network, however, never gave a [...]
[...] Facebook filed for an initial public offering (IPO) back in February for $5 billion. The IPO is set to go active in May of this year, and could end up being one of the biggest technology-related IPOs in history. // Filed Under: Facebook, Featured, Industry, Internet, News [...]
[...] Facebook filed for an initial public offering (IPO) back in February for $ 5 billion. The IPO is set to go active in May of this year, and could end up being one of the biggest technology-related IPOs in history. [...]
[...] Facebook filed for an IPO back in February of this year, and could raise up to $ 10 billion at a $ 100 billion valuation, making it one of the largest technology-related initial public offerings in history. [...]
[...] February 1, 2012, Facebook filed for a $5 billion initial public offering (IPO) with the United States SEC, giving the company the [...]
[...] February 1, 2012, Facebook filed for a $ 5 billion initial public offering (IPO) with the United States SEC, giving the company the [...]