website statistics

1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
Loading...

We have been hearing about Facebook’s IPO for a few weeks now. In what is expected to be the largest public valuation of a tech company, Facebook is hoping to be worth up to a whopping $96 billion! While many prospective investors may be eagerly waiting for this to happen, the good news is that the social network is one step closer to going public from 18th May.


Facebook had already filed for IPO. Now, the company has submitted yet another form, the 8-A form, with the Securities and Exchange Commission. The form goes on to show that Facebook’s IPO filing has been approved by NASDAQ stock exchange.

This is manifest in the words which were a part of the filing, “The Registrant’s Class A common stock to be registered hereunder has been approved for listing on the NASDAQ Global Select Market of The NASDAQ Stock Market LLC under the symbol ‘FB.”

A number of analysts had been speculating that perhaps the social network is facing difficulties regarding the price of shares or other issues and that was causing the delay in the process of Facebook going public. But now, this step shows that Facebook is on its way and it will probably going to be finally public in the later part of this week, something we have been expecting.

Facebook is also warming up to possible investors and is trying to show the world how the company will sustain its progress and profitability in the coming days. And so far, investors seems to be fairly hooked up to the social network, which further reaffirms the expectation that its IPO is going to be a huge success for the company.

Source: SEC

Courtesy: Tech Crunch

Buy Cheapest Related Product From Amazon.com


Kaspersky Lab Independently Investigated OS X Security Loopholes

Apple May Update iCloud With A New Photo-Sharing Feature
You can also press the left/right arrow key on your keyboard to go to previous/next post
  On May 15, 2012(4 years, 1 month ago.)

You May Also Like:

What Do You Think?

Leave a Reply




Loading Facebook Comments ...

FTC Disclosure: Some of the links of this website are "affiliate links." This means if you click on the link and purchase the item, we will receive an affiliate commission.


Recent Search

Recent Tutorials

If you could not wait to installed the iOS 10 beta version on you iPhone and now struggling for the errors, then this tutorial is for you.
Siri might not understand the question you asked. But you can use Siri by editing the text that you asked & it will give an updated answer.
Perhaps, you are new Apple user and you might have no idea how to change name of your iPhone. Check out this tutorial to change the name.
Check out this tutorial to lock Android phone using PIN code, Password or Pattern. Following the easy steps, you can secure your smartphone.
If you could not figure out yet, how to save and send GIF from your iPhone, then this tutorial is just for you.
Google released 'Ambient Display' feature with Android 5.x Lollipop. Check the tutorial to know how to turn off Android’s Ambient Display .
Have you recently got your 3D Touch iPhone 6s and struggling to delete apps? Go through the tutorial to learn how to delete or move the apps.
Just read this tutorial by yourself and from now on, we will show you, how you can make your iOS device read text loudly for you.
If you're still struggling to take selfie on iPhone then check it out to know how to take photos from far using iPhone's headset as a remote.
Even if your iPhone is locked, people can reply from the lock screen. Check out, how to turn off the quick reply message from locked screen.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook