Meta priced 40,000,000 Class A shares at $625 on October 26, raising $25.0 billion, up from the $22.5 billion planned, after investors placed orders for about five times the shares offered. The stock then fell 1.64% to $620.19 on October 27, below the price buyers paid. NVIDIA committed $3 billion as Meta expands its Vera Rubin deployment, and AMD, whose Helios systems are installed at Meta, committed $1 billion; the article notes both deals are partly vendor financing. The offering combines common shares sold through forward agreements, settling by November 19, 2027, with $12.5 billion of 6.50% mandatory convertible preferred depositary shares, for a $37.5 billion underwritten total. The sale followed free cash flow turning negative for the first time since 2012, after nearly $34 billion in capex against almost $33 billion in cash generation, and the 15 largest investors took about 70% of the deal.
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Related tickers and likely impact
META
▲ Likely positiveMeta Platforms
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.7T |
| Close on 10/27/2026 | 620.12 |
| Change that session | -1.66% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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