In a filing with the Securities and Exchange Commission, Facebook said the number of shares for sale would be increased to 421 million, 25 percent more than it had previously planned to offer. At $38 a share, the maximum price Facebook says it plans to seek, the social networking giant’s offering would raise nearly $16 billion, making it one of the largest I.P.O.’s in history.

Facebook itself is offering 180 million shares, while existing stockholders will offer 241 million shares.

The announcement comes on the heels of an increase in the anticipated offering price, also because of investor demand. On Tuesday, the company raised the estimated price range to $34 to $38 a share, from $28 to $35 a share. The increase in the offering price values the company at as much as $104 billion.

In Asia alone, Facebook’s offering is more than 25 times oversubscribed, a person briefed on the matter said earlier this week, speaking on condition of anonymity because the discussions were private.

Facebook will easily outpace Google as the biggest Internet stock debut. Depending on the final pricing and number of shares, the company is also positioned to become the second or third largest I.P.O. ever in the United States behind Visa and possibly General Motors, according to Thomson Reuters.

Facebook is expected to price its shares on Thursday and start trading on the Nasdaq stock market on Friday. It will trade under the ticker “FB.”

Facebook VS Renren

了解Follow Us版
https://bbs.pinggu.org/thread-1130480-1-1.html
英文网址，欢迎补充！
https://bbs.pinggu.org/thread-1410923-1-1.html
Follow Us 发帖指南、常见问题及意见征集

https://bbs.pinggu.org/thread-1131076-1-1.html

关于Follow Us 版面建立官方群
https://bbs.pinggu.org/thread-1212960-1-1.html