Meta completes convertible preferred offering and forward sale, raising capital

Meta Platforms completed a capital-raising transaction on October 29, 2026, issuing 250 million depositary shares representing 6.50% mandatory convertible preferred stock and entering forward sale agreements tied to 40 million Class A shares, with settlement options through November 19, 2027. Morgan Stanley and Goldman Sachs served as counterparties.

Detected & updated continuously · Source: Nebula