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IPO

Facebook (now Meta Platforms) on Nasdaq Global Select Market (FB at listing): the deal on record

Facebook priced its initial public offering at USD 38.00 per Class A share on 17 May 2012 for listing on the Nasdaq Global Select Market under the symbol FB. The company offered 180,000,000 shares and selling stockholders offered 241,233,615, according to the prospectus. In October 2021 the company renamed itself Meta.1,2

Value as reportedUSD 38.00 per share, 180,000,000 Class A shares offered by Facebook and 241,233,615 by selling stockholders1
Announced17 May 2012
CompletedMay 2012
SectorSocial media

Timeline

  1. Prospectus dated, pricing the offering at USD 38.00 per share.1
  2. Facebook announces its new company name, Meta.2

Status now

Listed on Nasdaq as Meta Platforms.1,2

Sources

  1. US Securities and Exchange Commission (EDGAR), Facebook Inc. prospectus (Form 424B4) (18 May 2012)
  2. Meta Newsroom, Introducing Meta: A Social Technology Company (28 October 2021)