Facebook IPO watch: The Facebook’s potential valuation fell nearly 5% to about $98 billion in a stock auction held in the private stock market SharePost Tuesday.
SharesPost said in a statement released yesterday, in the process of an 200,000 fund units (1 fund unit is equal to a share of Facebook stock) auction held February 14, the Facebook’s stock trading price was $42 per share. SharesPos estimated there are about 2.33 billion outstanding shares of Facebook, including preferred shares that may be issued. Calculated by this, the latest valuation of the company is $97.86 billion.
In the process of the 150,000 shares of the Facebook class B common stock auction held by SharesPost on February 8, the facebook stock trading price was $44 per share and the facebook valuation was $102.6 billion.
After the listing, the valuation may be changed in the private equity market as the actual number of issued shares. As of December, 31 last year, Facebook has issued 117.1 million shares of Class A common stock and 17.6 million shares of Class B tradable shares. Read more about the Facebook IPO underwriters.