Meta Platforms (META) launches ~$35B concurrent equity raise Mon Oct 26 2026 — $22.5B Class A common via forward sale agreements with Morgan Stanley + Goldman Sachs (+$3.375B underwriter option) and <meta name="viewport" content="width=device-width, initial-scale=1.0" />2.5B of Series A mandatory convertible preferred as 250M depositary shares (listing Nasdaq as METAM, +37.5M share option); NVIDIA, AMD and Broadcom cornerstones indicate up to $5B aggregate interest in common stock; preferred auto-converts ~Aug 15 2029; forward settlement by Nov 19 2027; preliminary prospectus supplement filed Oct 26 under Reg Statement 333-299631; funds continued AI-infrastructure buildout (<meta name="viewport" content="width=device-width, initial-scale=1.0" />35–<meta name="viewport" content="width=device-width, initial-scale=1.0" />45B FY26 capex guide); planned ~$60B Class C ATM program expected to begin Q1 2027 (not yet agreed); Q3 2026 revenue $64.6B, 9M26 operating cash flow $97B, ~$82B cash + marketables at Q3 end

2.5B of Series A mandatory convertible preferred as 250M depositary shares (listing Nasdaq as METAM, +37.5M share option); NVIDIA, AMD and Broadcom cornerstones indicate up to $5B aggregate interest in common stock; preferred auto-converts ~Aug 15 2029; forward settlement by Nov 19 2027; preliminary prospectus supplement filed Oct 26 under Reg Statement 333-299631; funds continued AI-infrastructure buildout (35–45B FY26 capex guide); planned ~$60B Class C ATM program expected to begin Q1 2027 (not yet agreed); Q3 2026 revenue $64.6B, 9M26 operating cash flow $97B, ~$82B cash + marketables at Q3 end" /> 2.5B of Series A mandatory convertible preferred as 250M depositary shares (listing Nasdaq as METAM, +37.5M share option); NVIDIA, AMD and Broadcom cornerstones indicate up to $5B aggregate interest in common stock; preferred auto-converts ~Aug 15 2029; forward settlement by Nov 19 2027; preliminary prospectus supplement filed Oct 26 under Reg Statement 333-299631; funds continued AI-infrastructure buildout (35–45B FY26 capex guide); planned ~$60B Class C ATM program expected to begin Q1 2027 (not yet agreed); Q3 2026 revenue $64.6B, 9M26 operating cash flow $97B, ~$82B cash + marketables at Q3 end" />

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