Finally!!!!!!!
Facebook, Inc. (NASDAQ: FB) has priced at $38.00 per share, at the top of the already-raised range of $34.00 to $38.00 per share. The offering size is 421,233,615 shares of Class A common stock and the latest prospectus amendment noted that if the underwriters exercise the overallotment in full as we are currently expecting then the total share count would come to 484,418,657 shares in the offering.
Keep in mind that Facebook itself is offering 180,000,000 shares of its Class A common stock and the selling stockholders are offering 241,233,615 shares of Class A common stock. The overallotment option is said to be from the company and from holders.
As we have previously noted, here are the top 18 risks we see with chasing the Facebook IPO for investors to consider in the after-market.
As far as the share structure, remember that Class A common share buyers who are getting…
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KafeMandela 