New York – Social networking Fever immediately struck Wall Street. News of the giant networking company Facebook Inc. entered into the stock market floor of the United States (U.S.) has been heavily circulated.
Facebook will submit the necessary documents to hold a public offering, aka an initial public offering (IPO) with the Securities and Exchange Commission (SEC) on Wednesday this week.
Schedule recording of its own shares is expected to take place on the third week of May this year. The sale of shares is expected to be the largest in fellow internet companies.
In addition, this IPO will make up a giant company that is proportional to the senior-senior on the trading floor with an estimated market capitalization of up to U.S. $ 100 billion or equivalent to Rp 900 trillion.