Meta upsizes Class A share offering to $25 billion at $625 per share
Briefing by News4U · First published
Meta Platforms raised its Class A common stock offering to $25 billion at $625 per share, with the sale expected to close on October 29.
Sina Finance reported that Meta Platforms increased its Class A common stock offering from $22.5 billion to $25 billion at $625 per share. [1]
The company will also issue 250 million Series A depositary shares at $50 each, raising about $12.5 billion in net proceeds for general corporate purposes. [1]
The ordinary share issuance is scheduled to be completed on October 29. [1]
Sources
- Meta普通股发行规模由225亿美元增至250亿美元 发行价为每股625美元
Sina Finance · · Full text