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Meta Platforms META

Meta Platforms offers 250M Series A Depositary Shares

Securities offering

Form
424B5
Filed
Importance
Routine
  1. 250,000,000 Series A Depositary Shares offered
  2. Each represents 1/20th interest in 6.50% Series A Mandatory Convertible Preferred Stock
  3. Dividends payable at 6.50% annual rate on $1,000 liquidation preference
  4. Automatic conversion to Class A or Class C Common Stock based on VWAP

Written from the 424B5 on EDGAR. Check the filing before you rely on it.

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