The Facebook IPO guessing game has moved into high gear. The latest rumor puts the big event within several weeks, possibly as soon as December. The rumor mill at the social networking firm is in overdrive, with Facebookers reportedly expecting an S1 filing to be made within six weeks. Facebook has previously said it will reach the 500 shareholder limit for private companies at the end of this year, forcing it to disclose its financials no later than April 2012, according to Securities and Exchange Commission regulations.
Loading ...
Is Facebook's Finger on the IPO Trigger?
Posted by: Erika Morphy November 21, 2011 08:38 AMThe Facebook IPO guessing game has moved into high gear. The latest rumor puts the big event within several weeks, possibly as soon as December. The rumor mill at the social networking firm is in overdrive, with Facebookers reportedly expecting an S1 filing to be made within six weeks. Facebook has previously said it will reach the 500 shareholder limit for private companies at the end of this year, forcing it to disclose its financials no later than April 2012, according to Securities and Exchange Commission regulations.