Facebook Sells Nearly $13.8B in Equity in Conjunction with Merger (WhatsApp?)

Facebook revealed in a Form D filing with the Securities and Exchange Commission Monday that it sold nearly $13.8 billion of equity in the company, without registration, as part of a merger, likely its acquisition of cross-platform messaging application WhatsApp, which closed earlier this month.

Equity650Facebook revealed in a Form D filing with the Securities and Exchange Commission Monday that it sold nearly $13.8 billion of equity in the company, without registration, as part of a merger, likely its acquisition of cross-platform messaging application WhatsApp, which closed earlier this month.

According to the Form D, Facebook sold $13,787,117,488 in equity to 65 investors, 23 of which were not accredited.

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david.cohen@adweek.com David Cohen is editor of Adweek's Social Pro Daily.
Publish date: October 20, 2014 https://stage.adweek.com/digital/sec-102014/ © 2020 Adweek, LLC. - All Rights Reserved and NOT FOR REPRINT
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