Facebook Files New S-1, Pricing $34-38 Per Share, Raising $14.7B

Facebook has filed a new S-1, and it contains more details on the IPO. It will offer underwriters?the right to purchase up to an additional 50,612,302 shares of Class A common stock to cover over-allotments. Facebook anticipates that the initial public offering price will be between $34.00 and $38.00 per share.

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