Facebook ipo prospectus pdf
Meta ipo date.
Facebook ipo prospectus
When Did Facebook (Meta) Go Public?
Facebook (FB), now Meta Platforms Inc. (META), went public with its initial public offering (IPO) on May 18, 2012. The popular social networking company had one of the largest and most anticipated IPOs in history.
FB shares closed at $38.23 on that day, slightly above the $38.00 IPO price.
Key Takeaways
- Meta (formerly Facebook) has become the dominant social media platform on the planet, with over 3.07 billion monthly active users.
- The company was founded in 2004 and went public via IPO on May 18, 2012 with a share price of $38.
- The price dropped to under $18 a share early on before rising to where it is in 2025, with a market cap of around $1.5 trillion dollars and share price well over $600.
Facebook's IPO Failed to Meet Expectations
Facebook made its long-awaited filing for an initial public offering (IPO) with the Securities and Exchange Commission (SEC) on February 1, 2012.
Facebook stated before making its IPO that it had a net income of $1 billion in 2011, which was an increase of 65% from 2010. The company claim