LinkedIn Goes Public : The Corporation prices initial public offering
@abrakadabra
•
Oct 25, 2024
Oct 25, 2024
1.0K
2 Days ago LinkedIn the world’s largest professional network on the Internet announced the pricing of its initial public offering of 7,840,000 shares of common stock at a price to the public of $45.00 per share.
A total of 4,827,804 shares are being offered by LinkedIn Corporation, and a total of 3,012,196 shares are being offered by selling stockholders. In addition, LinkedIn Corporation has granted the underwriters a 30-day option to purchase up to an additional 1,176,000 shares to cover over-allotments, if any. LinkedIn will not receive any proceeds from the sale of shares by the selling stockholders.
[video=youtube;j8mk40EqU44]https://www.youtube.com/watch?v=j8mk40EqU44&feature=player_embedded[/video]