What Gadget you are getting this Holiday?

View Results

Loading ... Loading ...
1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
Loading ... 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(2 years, 3 months ago.)

Recent Products

Compare  
Buy Now | Compare  

What Do You Think?

Loading Disqus Comments ...
Loading Facebook Comments ...

Recent Search

Recent Tutorials

The trick will let you to check your Facebook messages in the original app without downloading Messenger and it works with both iPhone or Android phone.
Want to block all disgusting ads from your android device? Read the tutorial to know how you can block ads on your Android and save data.
Want to repair your memory card? It's very easy to fix corrupted or damaged memory card. In fact you can fix it by yourself.
Are you the one who is frustrated because of the speed of your Android device? No worries, the article will help you increase the speed of that device.
Lately, Google has updated its Google Docs. Now users can crop, rotate, and add borders to images in a document without leaving Google Docs.
Adobe CS products are not free, but the good news is you can now download Photoshop CS2 & all other CS2 product completely free and it's absolutely legal.
At the beginning level, many people don't know how to use Gmail properly. For them, a here's a helpful guideline.
Skype now allows you to call directly from your Outlook account. Find the step-by-step installation process from this tutorial.
This tutorial helps you quickly resolve four of the most common problems that occur with Windows XP.
After releasing Look Back, many people didn't like it. So Facebook planned to add an Edit tool to the feature and now you can edit your Facebook Look Back video.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook