Breaking News

ASUS Showcases ProArt GR1X, ProArt P16 & P14 Laptops, ProArt OLED Monitors, and AI-Powered Solutions for Creatives at Adobe MAX 2026 Akasa Launches Smart Black SC12 High-Airflow 120 mm PWM Fan for System Integrators and PC Builders AMD Showcases 6th Gen AMD EPYC Processors SSSTC Introduces PCIe Gen4 QLC SSDs for AI PCs and Industrial Applications Seagate Launches the FireCuda Forge

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

Search form

Facebook Sets $35 IPO Range

Facebook Sets $35 IPO Range

Enterprise & IT May 4,2012 0

Facebook has plans to sell about 337.4 million shares at $28 to $35 apiece, according to the filing Thursday, seeking to raise as much as $11.8 billion in its initial public stock offering. That range could value the company as high as $95 billion. The company was said to be looking initially for a valuation as much as $100 billion.

Facebook is only getting about half, or $5.9 billion, of the estimated $11.8 billion that it would raise at the midpoint of its planned IPO range. The rest will go to some existing shareholders.

Facebook is expected to start trading its stock for the first time in a couple of weeks.

Tags: facebook
Previous Post
Court Orders Samsung and Apple to Reduce Patent Disputes
Next Post
Yahoo Adds More Patents In Legal Battle With Facebook

Related Posts

  • EU Privacy Watchdog Accused of Delaying Probe Procedures Against Facebook

  • Zuckerberg Says Remote Work is Here to Stay

  • Facebook to Launch New Shopping Feature Across Apps

  • EU Tech Chief Demands More From Facebook Regarding Business Practices

  • Facebook Buys GIPHY as Part of Instagram Team

  • Facebook Works With Telecoms on 2Africa Subsea Cable for Future Internet Connectivity

  • Facebook Reports Increased Number of Removals of Hate speech, Terrorism

  • Facebook Users Accept $550 Million Privacy Deal Over Facebook's “Tag Suggestions”

Latest News

ASUS Showcases ProArt GR1X, ProArt P16 & P14 Laptops, ProArt OLED Monitors, and AI-Powered Solutions for Creatives at Adobe MAX 2026
Enterprise & IT

ASUS Showcases ProArt GR1X, ProArt P16 & P14 Laptops, ProArt OLED Monitors, and AI-Powered Solutions for Creatives at Adobe MAX 2026

Akasa Launches Smart Black SC12 High-Airflow 120 mm PWM Fan for System Integrators and PC Builders
Cooling Systems

Akasa Launches Smart Black SC12 High-Airflow 120 mm PWM Fan for System Integrators and PC Builders

AMD Showcases 6th Gen AMD EPYC Processors
Enterprise & IT

AMD Showcases 6th Gen AMD EPYC Processors

SSSTC Introduces PCIe Gen4 QLC SSDs for AI PCs and Industrial Applications
Enterprise & IT

SSSTC Introduces PCIe Gen4 QLC SSDs for AI PCs and Industrial Applications

Seagate Launches the FireCuda Forge
Enterprise & IT

Seagate Launches the FireCuda Forge

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

SoundPeats Cove Pro

SoundPeats Cove Pro

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

Akaso Brave 8 Lite

Akaso Brave 8 Lite

SoundPeats C30

SoundPeats C30

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

be quiet! Dark Perk Mice

be quiet! Dark Perk Mice

XbotGo Chamaleon

XbotGo Chamaleon

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed