Not exact matches
For those who don't recall the specifics, Facebook
originally filed to sell 337 million
shares at between $ 28 and $ 35 per
share (a particularly wide
range).
When Facebook went public in 2012, it
originally set a
share price
range of $ 28 to $ 35, but then upped it to $ 38 the night before the stock began trading.
Management
originally estimated the final distribution to be between $ 0.25 and $ 0.75 per
share, which means the stub is presently trading at a 30 % premium to the $ 0.50 midpoint of the distribution
range.