IPO

Additional Facebook shares for IPO come from early investors

Additional Facebook shares for IPO come from early investors

Over the last few days, we've mentioned that Facebook has added in more shares of stock for its IPO than originally intended. As it turns out those additional shares of stock aren't coming from Facebook itself, rather they're coming from early investors looking to cash in on the recently increased target price. We know that Facebook is offering up to 484.4 million shares of class a common stock, including an overallotment.

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Facebook Co-founder preps for IPO by renouncing US citizenship

Facebook Co-founder preps for IPO by renouncing US citizenship

As Facebook's Initial Public Offering inches closer and closer, co-founder Eduardo Saverin has renounced his US citizenship for tax purposes. What this will do for him is cut down significantly on the cash he'll have to pay in to the USA once his end of the IPO money comes in. As Facebook rakes in what may end up being close to $11.8 billion in this IPO coming up soon, Saverin's cut will be somewhere around $3.84 billion USD.

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Zuckerberg a no-show at Facebook’s Boston IPO roadshow

Zuckerberg a no-show at Facebook’s Boston IPO roadshow

When you're trying to justify an initial public offering somewhere in the range of 11 billion dollars, it's a good idea to keep your calendar in order. Nevertheless, Reuters reports that Facebook's 27-year-old CEO Mark Zuckerberg declined to attend the second stop of the company's IPO roadshow in Boston, leaving over 200 observers - including potential investors - feeling like fans at a cancelled rock concert. Facebook's Chief Operating Officer Sheryl Sandberg fielded questions, but offered no explanation for her boss's absence.

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Reddit founder won’t invest in Facebook thanks to CISPA

Reddit founder won’t invest in Facebook thanks to CISPA

As you read this, tens of thousands of brokers and investors are scraping together every loose penny they can find to get a chunk of Facebook's initial public offering. But one technology investor won't be joining them: Alexis Ohanian, co-founder of Reddit.com and current NYC-based angel investor. He's not concerned with bubbles or percentages, just with Facebook's corporate culture: he objects to the fact that the social networking giant supports the Cyber Intelligence Sharing and Protection Act, or CISPA.

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Facebook IPO expected to face delays

Facebook IPO expected to face delays

The date for the Facebook IPO hasn’t even been made official yet, but already it’s being threatened by delays, according to sources familiar with the matter. CNBC reports that Zuckerberg and co have been so focused on acquisitions than they haven’t prepared themselves for the IPO. The current rumored date is May 17th, although these new developments mean it could happen towards the end of May.

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Facebook IPO tipped for May 17th

Facebook IPO tipped for May 17th

You know what’s cool? The Facebook IPO. New sources speaking to TechCrunch have indicated that the social networking company has set its sight on a May 17th date for its initial public offering. It's all dependent on if the SEC approves the paperwork Facebook filed not too long ago, of course. The new information falls in line with previous rumors that Facebook was aiming for a May date, and comes after the company asked firms to stop trading privately held shares.

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Facebook listing with Nasdaq

Facebook listing with Nasdaq

The social networking giant known as Facebook has been reported as working with Nasdaq OMX Group Inc to list their shares this summer as the most coveted newly listed Internet Business of this decade. Reports are that Facebook's stock will be working with the Nasdaq as a brand connection that's sure to bring even more attention to the already massively popular listing. Facebook PR has thus far declined to comment on the situation.

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Facebook shooting for May IPO

Facebook shooting for May IPO

Facebook may be ready to hold its initial public offering in May, according to a source familiar with the matter. The company recently asked firms to stop the trading of its privately held shares in the secondary market, a sign that it's trying to eliminate any valuation churns that might complicate its IPO.

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Sources claim Facebook is seeking more credit

Sources claim Facebook is seeking more credit

With Facebook planning its IPO soon, some early employees are looking at becoming very wealthy and possibly owing some significant taxes. Sources are claiming that Facebook plans to increase its $2.5 billion credit line to help cover taxes when employee stock vests six months after the social network goes public. The tip comes from two different sources claiming to be familiar with Facebook's plans.

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Tesla Model X maker set for space-bound IPO next year

Tesla Model X maker set for space-bound IPO next year

Relatively hot on the heels of the IPO of electric car making company Tesla and the reveal of their newest Model X, the head of the group Elon Musk is speaking of an IPO for SpaceX, also known as Space Exploration Technologies Corporation. Musk is a man who is set to be one of the few in the history of the world to head three separate companies opening three separate IPOs in the span of three years, and riding high on the wave of press he and Tesla are receiving today amid the reveal of the Model X, he's been vocal about his next big adventure. This man is so well known for his ability to conceive of and execute giant-style plans like this that he was given a cameo in the film Iron Man 2 pitching an electric jet to Tony Stark - how's that strike you?

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Facebook aims for Mobile Ads to target IPO interest

Facebook aims for Mobile Ads to target IPO interest

Reports show that both analysts and those claiming to be in inner Facebook circles are stating mobile advertisements are on the way. This move would pinpoint a time between when the group has announced its Initial Public Offering and the moment it goes live. With the Facebook IPO announcement having come just last week and the actual sale of stocks looking to be somewhere around May, this mobile ads project, should it prove true, would be a power move by Facebook to attain hype and interest by the time that stock drops.

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