Note that the SEC website is taking a long time to respond (Facebook overload?).
According to the S-1, the maximum IPO size is planned at $5 billion, and the company and certain selling shareholders (to be disclosed later) will offer shares of Class A common stock in the IPO. Note that the Class B common stock has super voting rights (10 votes per share) and is held by insiders and certain investors. Also note that the $5 billion IPO size is disclosed for filing fee purposes; the actual amount may be more (or less). Reports have the ultimate target at $10 billion.
Morgan Stanley has the coveted "left lead" position and is joined by JP Morgan and Morgan Stanley on the top line, suggesting that they will be co-lead managers or co-bookrunning managers. Bof A Merrill Lynch, Garclays Capital and Allen & Company are on the second line, suggesting co-manager or co-lead manager positions. As the IPO grows near, more underwriters may be added to the syndicate.
Facebook had $3.7 billion in revenue in 2011 and net income of $1 billion. Operating income (EBIT) was $1.756 billion, for a healthy EBIT margin of 47%.Reports have Facebook being valued at between $75 and $100 billion.
Venture capital investors in Facebook include Accel Partners, Andreessen Horowitz, Elevation Partners, Founders Fund, Greylock Partners, Kleiner Perkins Caufield & Byers, Meritech Capital Partners, Millennium Technology Value Partners and Technology Crossover Ventures.
Here are links to articles discussing the IPO:
WSJ: "Facebook Files for IPO." Link: http://online.wsj.com/article/SB10001424052970204879004577110780078310366.html?mod=WSJ_Home_largeHeadline
WSJ: "Facebook Taps Morgan Stanley, Goldman." Link: http://online.wsj.com/article/SB10001424052970203920204577197443510392180.html?mod=WSJ_hp_LEFTTopStories
CNN: "Facebook IPO: Morgan Stanley is Big Winner." Link: http://money.cnn.com/2012/02/01/markets/facebook_morgan_stanley/
Fortune: "OMG! Facebook Files for IPO." Link: http://finance.fortune.cnn.com/2012/02/01/omg-facebook-files-for-ipo/?iid=SF_F_Lead