The long road to Facebook’s IPO will reportedly (finally) end next month, with the social network aiming to officially open up on the NASDAQ stock exchange on May 17th. It isn’t exactly a formality just yet, as there’s a ton of paperwork that needs to be resolved with the SEC first, especially with the recent purchase of Instagram. Though despite any delays, the $100 billion valuation is expected to stick, with 2.5 billion outstanding shares at $40 per.
[via Tech Crunch]
