New news from Facebook. The company has submitted documents to the Agency S1 Stock Market and Securities AS. Details of the heat, the social networking giant will sell 337.4 million shares at the price of 28-35 dollar range.
Part of millions of copies to be sold is shares owned by the CEO, Mark Zuckerberg.
According to CNBC, Zuckberberg alone will sell 30.2 million shares of its stock. That means, when the shares were sold to the highest price, he will be an instant profit of $ 1 billion (Rp10 trillion)
Zuckerbeg alone has 60 million shares of class B (type shares with 10 votes per share) and offers 30, 2 million to the public during an IPO later. While the shares of type A is a type of stock with one vote pe share. So the owner of Facebook is still has a massive stock of shares and also retain control over 57.3% of post-IPO votes later.
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