Facebook Increases IPO Price Range To $34 To $38 Per Share, Adds More Than 50M Shares

Facebook filed the seventh and what will likely be the final amendment to its S-1 initial public offering filing with the Securities and Exchange Commission late last night, increasing the price range of its shares and making more of them available.

Facebook filed the seventh and what will likely be the final amendment to its S-1 initial public offering filing with the Securities and Exchange Commission late last night, increasing the price range of its shares and making more of them available.

Confirming reports by CNBC late last week and by AllThingsD last night, Facebook upped the price range of its shares from the initial range of between $28 and $35 to between $34 and $38, which AllThingsD had pegged exactly.

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