Meta Platforms Expands $25 Billion Stock Offering, with Subscription Demand Reaching 5 Times
2026-10-27 22:46:59
According to CoinMeta, the $25 billion stock issuance expanded by Meta Platforms received approximately five times the number of subscription requests available for shares. The company is planning to raise $98 billion in funds for expenditures in the field of artificial intelligence. In this common stock issuance, more than half of the shares were allocated to long-term investors and existing shareholders, with the top 15 investors in terms of subscription volume receiving a total of about 70% of the issued shares. The issuance was priced at $625 per share, which represents a 2.7% discount from the closing price on Friday before the announcement of the issuance. On Tuesday, the stock price of Meta fell by 1.4% to $621.47 per share in the New York market. This stock issuance is just part of Meta's financing plan, which also includes the issuance of $12.5 billion in mandatory convertible preferred stocks, as well as a planned additional share issue at market price. If the final fundraising amount reaches $98 billion, it will become one of the largest equity financing plans in history.
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Source:Internet
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