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Press Release

A press release on Facebook's IPO published on May 17, 2012:

Facebook today announced the pricing of its initial public offering of 421,233,615 shares of its common stock at a price to the public of $38 per share.

The shares are expected to begin trading on the NASDAQ Global Select Market on May 18, 2012, under the symbol "FB." Facebook is offering 180,000,000 shares of Class A common stock and selling stockholders are offering 241,233,615 shares of Class A common stock. Closing of the offering is expected to occur on May 22, 2012, subject to customary closing conditions.

In addition, Facebook and the selling stockholders have granted the underwriters a 30-day option to purchase up to 63,185,042 additional shares of Class A common stock to cover over-allotments, if any.

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The total value of Class A common shares to be offered to the public on May 18, 2012 at $38 per share is most closest to:

  • A$2.4 billion
  • B$6.8 billion
  • C$9.2 billion
  • D$16.0 billion
  • E$18.0 billion
正确答案: A

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