Facebook's Value Rebounds 9% In SharesPost Auction

Facebook shares rose about nine percent in value in the last auction on SharesPost, to close at $33 apiece on Friday, compared to a previous $30. The stock has recaptured some of the value lost since peaking at $87.5 billion in July.

Facebook shares rose about nine percent in value in the last auction on SharesPost, to close at $33 apiece on Friday, compared to a previous $30.

If the company still had 2.5 billion outstanding shares like we’d assumed, that would put Facebook’s valuation at $82.5 billion. However, SharesPost says lists an implied value of $77.7 billion that means either the private marketplace miscalculated or the number of outstanding shares is just over 2.35 billion.

Quite possibly the entirely unconfirmed rumors of an initial public offering explain for the nine percent rise in the price, but so would the change in the number of outstanding shares. However, we don’t know whether that figure changed between the time of the last two auctions or prior to that.

Regardless, this latest round of trading brings the value of Facebook closer to its record high of $87.5 billion, which the shares haven’t had since early July of this year.

Below is what SharesPost emailed members regarding the latest transaction in Facebook stock.

We are writing SharesPost members like you who indicated they would like to occasionally receive news from SharesPost.

SharesPost’s affiliated broker-dealer completed its auction of 100,000 shares of the Class B Common Stock of Facebook, Inc. on December 9th. A clearing price of $33.00 was established at the auction. Members submitting Qualifying Bids at or above the clearing price will be contacted shortly with instructions on next steps for completing this transaction.

SharesPost members who wish to be informed of and be eligible to participate in future auctions of private company securities must first be qualified by our affiliated broker-dealer as an accredited investor under the securities laws. To get qualified, please click on the green button below. We look forward to serving you at SharesPost in the future.