Tech AI LatestMeta prices $25B stock sale and $12.5B convertible preferred, with NVIDIA investing $3B
Meta priced $25 billion of Class A stock at $625 a share and $12.5 billion of mandatory convertible preferred shares, and NVIDIA says it will invest $3 billion.
Summary
Meta Platforms priced two concurrent public offerings late on 26 October 2026: $25.0 billion of Class A common stock at $625.00 per share through forward sale agreements, upsized from $22.5 billion, and 250 million depositary shares of 6.50% mandatory convertible preferred stock at $50 each. Meta expects about $12.5 billion of net proceeds from the preferred now and about $24.9 billion from the stock by November 2027. NVIDIA says it will invest $3 billion in the offering.








