Meta prices $25 billion share offering to fund AI infrastructure

First reported by Quartz at · Updated · 5 sources

Investor demand for the offering was about five times the shares available, according to Quartz, which reports a price of $625 per Class A share. WinBuzzer reports that Meta's third-quarter capital spending substantially exceeded operating cash flow and that later share conversions are expected to support liquidity.

Covered by 5 publishers within 44 hours of the first report.

Reporting5

Quartz Meta's $25 billion stock offering attracted about five times more demand than shares · Cris Tolomia
WinBuzzer Meta’s $25 Billion Share Sale Draws Fivefold Demand · Markus Kasanmascheff
The Economic Times Microsoft to raise $25 billion in US bond sale: Report
The Globe and Mail Microsoft plans to raise $25-billion in U.S. bond sale, media report says
The Next Web Microsoft sells at least $25bn of bonds, its first US deal since 2017 · Alina Maria Stan

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Topics Meta