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Our board of directors is authorized, without stockholder approval except as required by the listing rules of The Nasdaq Stock Market LLC (?Nasdaq?), to issue shares of our capital stock. We have four series of authorized common stock: Class A, Class B, Class C, and Class H common stock.
known example of a controlled company is Facebook, Inc.
Zuckerberg personally owns nearly 360 million Class B shares, and through agreements with other Class B shareholders, controls the vote of another 32 million. That gives him control of some 392 million Class B Shares, some 90% of the total. Here's how it plays out when it comes to proxy voting.
The technology company Facebook, Inc., held its initial public offering (IPO) on Friday, . The IPO was one of the biggest in technology and Internet history, with a peak market capitalization of over $104 billion.
Facebook Screenshot Mark Zuckerberg's profile (viewed when logged out)OwnerMeta PlatformsFounder(s)Mark Zuckerberg Dustin Moskovitz Chris Hughes Andrew McCollum Eduardo SaverinCEOMark ZuckerbergURLfacebook.com12 more rows
Facebook, rebranded as Meta in 2021, is primarily owned by Mark Zuckerberg, founder and CEO. Zuckerberg keeps tight control over the ownership and decision-making of the company. Other large individual shareholders comprise former COO Sheryl Sandberg and co-founder Eduardo Saverin.
J.P. Morgan, BofA Merrill Lynch, Morgan Stanley and Barclays are serving as joint bookrunners for the offering. BNP PARIBAS, Citigroup, RBC Capital Markets, Credit Suisse, HSBC, RBS, Standard Chartered, Piper Jaffray and Allen & Company LLC are serving as co-managers for the offering.
Meta, formerly known as the Facebook Company, is publicly traded, so it's not owned by a single person or company. But Facebook founder Mark Zuckerberg still mostly owns and controls it with his majority stake. Going all in on Zuckerberg's metaverse bet, Facebook became Meta in 2021.