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Meta will raise approximately US$35 billion through the issuance of common and preferred shares
3 day ago /
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Author：小编
On October 26, Meta announced that it would issue approximately US$22.5 billion in Class A common stock and US$12.5 billion in mandatory convertible preferred stock depositary shares through forward sale agreements, totaling around US$35 billion. At the same time, it plans to launch an on-market stock issuance program of up to US$60 billion in the first quarter of 2027. NVIDIA, AMD, and Broadcom intend to collectively subscribe for up to US$5 billion in Class A common stock, but have not yet made binding commitments. The funds raised will be used to support business development in areas such as AI infrastructure and personal superintelligence.
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