
The rumored timeframe for Facebook going public has been slated for May 2012 many times. One rumor has gone as specific as saying it will happen in the third week of May: the days of 14, 15, 16, 17, or 18. Now,
CNBC is betting on just two days: May 17, 2012, or May 24, 2012, claiming the day will come down to the Instagram acquisition.
The publication revealed the dates via Twitter, citing an unnamed source:
Facebook eyeing IPO dates of either May 17 or May 24. Deal time fluid & dependent on SEC review of @Instagram acquisition – source
Facebook considering shorter 10-day IPO road show to launch deal. Some bankers concerned shorter road show may harm deal marketing. –source
Facebook expecting SEC guidance on @Instagram deal by end of April. –source
Last month, a rumor suggested Facebook was halting the trading of its shares on secondary markets by the beginning of April in advance of its $5 billion IPO. This was closely followed by the last unofficial auction of Facebook shares, which seemed to confirm the rumor. The last Facebook valuation before the company’s IPO was $102.8 billion, the highest yet.
We won’t know Facebook’s actual valuation until right before the offering is made, which typically occurs about three months after a firm files for its IPO. The rumors have started for when Facebook will go public, and soon speculation about the valuation number will hit an all-time high. Will it be $100 billion?
when will Faceebook go public on may 2012 ?
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