Meta’s $25 Billion Stock Sale Drew Five Times the Demand

Meta Just Priced a Stock Sale at $625 a Share. I'd Consider Buying at the Same Price.

Existing holders give up a little over 2% of the company. What do they get for it?

Meta’s $25 Billion Stock Sale Drew Five Times the Demand

Meta pulled in far more investor demand than it had shares to sell, yet buyers still watched the stock fall the moment trading opened. What convinced NVIDIA and AMD to pour billions into a company whose free cash flow just turned negative for the first time in over a decade?

Meta Prices $25 Billion Class A Stock Sale as Binance’s METAUSDT Perpetual Tracks Shares

Forward purchasers agreed to sell 40 million shares to underwriters. Meta expects the offering to close Oct. 29 and about $24.9 billion in net proceeds before expenses after the agreements are settled.

Meta’s $25 Billion Share Sale Draws Fivefold Demand

Meta expects its liquidity with a $25 billion share sale through later share conversions, as third-quarter capital spending far exceeded operating cash flow.