Facebook IPO : May 17 or May 24
Facebook IPO will be either May 17 or May 24 according to Techcrunch.
Facebook valuation is $100 billion and deal size will be between 5 to 10 billion. See our infographic for all details on Top 10 Internet IPO of all time.
“According to multiple sources close to the company, Facebook is eying IPO on May 17th — depending on whether the SEC agrees that all the reams of paperwork (including those concerning its recent acquisition of Instagram) are in order. This is in line with earlier reports that the company was going to hit NASDAQ during the third week of May. And also in line with what a single source told CNBC at length, that the social network was considering either the 17th or the 24th to go public.”