Meta prices 250M depositary shares at $50 and 40M Class A shares at $625; common offering upsized to $25B

Meta priced its equity financing: 250 million depositary shares of 6.50% Series A mandatory convertible preferred at $50 each, and 40 million Class A shares at $625 under forward sale agreements. The common offering was upsized to $25 billion from $22.5 billion, part of a $35 billion equity financing plan.

Detected & updated continuously · Source: Nebula