This article was published on May 15, 2012

Facebook expected to refile tomorrow at a valuation between $92B and $103B


Facebook expected to refile tomorrow at a valuation between $92B and $103B

According to CNBC, Facebook is to refile its S-1 documentation for IPO tomorrow at a range of $34-38 per share, which would put its valuation somewhere between $92B-$103B.

We previously reported that Facebook was eying a valuation between $77B-$96B, but last minute tinkering is causing the bump. The previous share range was $28-$35.

We’re not sure whether this will delay the actual IPO day of Friday, which will include Mark Zuckerberg staying back with his team at Facebook HQ in Menlo Park for the festivities.

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