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Meta Upsizes Class A Stock Offering To $25 Bln, Prices $12.5 Bln Preferred Shares
Source: Nasdaq
Company Fundamentals
Meta priced an offering of 250 million depositary shares representing Series A mandatory convertible preferred stock at $50 each, alongside $25 billion of Class A common stock at $625 per share. The article provides no details on use of proceeds or market reaction.
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