Despite rumors of delays, others say Facebook is still on track to go public this month. It's important to underline that nobody yet knows the plan as it mainly depends on two things: when exactly the U.S. Securities and Exchange Commission (SEC) gives the green light for Facebook's mounting stack of paperwork, and what exactly Facebook co-founder and CEO Mark Zuckerberg feels like doing with his company.
The social networking giant could get approval from government regulators to officially distribute its S-1 public offering prospectus to investors this week. The company's road show could thus begin as early as next week, according to sources close to the situation cited by AllThingsD.
Zuckerberg is simply too important to Facebook's business to not participate in his company's public offering. Facebook CFO David Ebersman and Facebook COO Sheryl Sandberg will also play key roles in the road show, as will many other Facebook executives.
Following the road show, there will be a sales process in which investors ask management questions. Facebook's bankers will price the offering, anywhere between $75 billion, $100 billion, or maybe even higher. Lastly it will go public on the Nasdaq market under the "FB" ticker. Only then will you be able to officially buy Facebook stock.