Facebook files for IPO

Facebook officially files for IPO (Initial Public Offering) in the United States Security Exchange Commission dated on 1 Feb, 2012. Last week there was a rumor that Facebook may file for IPO soon and now its no more a secret.

Facebook stats says that it has 845 million active users monthly, 2.7 billion Likes & Comments per day, 250 million photos uploaded per day, 100 billion friendships.

According to US Security Exchange Commission:

Facebook, Inc. is offering ___ shares of its Class A common stock and the selling stockholders are offering ____ shares of Class A common stock. We will not receive any proceeds from the sale of shares by the selling stockholders. This is our initial public offering and no public market currently exists for our shares of Class A common stock. We anticipate that the initial public offering price will be between $____and $____per share.

Facebook says that We intend to apply to list our Class A common stock on ____ under the symbol “FB.” Initial Public Offering (IPO) may begins around second quarter this year. Facebook total revenue mentioned by them is $3.7 miliion. You can check the file IPO here.