Facebook officially acknowledged that it topped the 900 million monthly average users mark, saying in the fourth amendment to its initial public offering filing that it totaled 901 million MAUs as of March 31, up 33 from 680 million on the same date in 2011.
“We’re still wondering how and why it’s legal to keep selling shares privately after registering for an initial public offering,” we wrote in a post last month about private exchange trading of Facebook stocks. The Securities and Exchange Commission apparently wondered the same thing.
We are still wondering how and why it’s legal to keep selling shares privately after registering for an initial public offer. Three auctions of Facebook shares have occurred since the company registered with the Securities Exchange Commission, and they’re occurring more frequently than ever.
Be sure to hit hard refresh as you read this post, as we’re updating it in real time while we read through the registration document Facebook has filed with the Securities and Exchange Commission for a initial public offering.
Facebook’s chief operating officer Sheryl Sandberg reiterated the themes on Sunday that the company’s initial public offering will produce jobs and global change, but could those remarks cause trouble with the Securities and Exchange Commission?
The leading developer of Facebook applications could go public within the next couple of weeks.
Facebook stock is the most watched on SecondMarket, a venue for trading shares of privately-held companies.
Using Facebook to solicit potential investors is frowned upon by the Securities and Exchange Commission, even if the investment involves a cold beer on a hot summer day.
Facebook might not have to disclose its finances to the public next April — if the Securities and Exchange Commission raises the maximum number of shareholders for nondisclosing companies.
Investors who expressed interest in Goldman Sachs’ offering of Facebook shares have received a one-page profile of the deal.
