Re:Facebook trades under $30, down 7%+
by noblethrasher on Tuesday May 29, 2012 @04:11PM
(#4039527)
>Normally a private company cannot have more than 500 stockholders.
I'm sure that you probably know this but just to be clear, the 500 shareholder limit is about whether or not a company has to report certain financial data to the SEC, not whether or not they must be publically traded.
I'm sure that you probably know this but just to be clear, the 500 shareholder limit is about whether or not a company has to report certain financial data to the SEC, not whether or not they must be publically traded.