Meta Platforms, Inc. (META) Form 424B5 — Oct 26, 2026
Meta Platforms filed a preliminary prospectus supplement for a $12.5 billion offering of 250 million Series A Depositary Shares, each representing a 1/20th interest in Series A Mandatory Convertible Preferred Stock priced at $50 per depositary share with a $1,000 liquidation preference per preferred share. The shares mandatorily convert into Class A (or Class C) common stock around August 15, 2029, and underwriters hold a 30-day option for 37.5 million additional depositary shares.
Key figures
- Total Debt
- $83.7 billion (total consolidated indebtedness as of September 30, 2026)
- Gross Proceeds
- $12.5 billion (250,000,000 Series A Depositary Shares at $50; $14.375 billion with full over-allotment)
- Offering Price
- 50
- Shares Offered
- 250000000
- Shares Outstanding
- 2,214 million Class A and 342 million Class B as of September 30, 2026
- Dividend payment dates
- February 15, May 15, August 15, November 15, starting February 15, 2027
- Mandatory conversion date
- August 15, 2029 (expected)
- Forward settlement deadline
- November 19, 2027
- Class c charter effective date
- January 19, 2027
- Concurrent forward sale amount
- $22.5 billion Class A common stock forward sale agreements
- Concurrent forward sale greenshoe
- $3.375 billion
- Underwriters overallotment shares
- 37500000
- Liquidation preference per preferred share
- $1,000
- Liquidation preference per depositary share
- $50
AI analysis
Red flags5 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.