GMAT Integrated Reasoning

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Press Release

A press release on Facebook's IPO published on May 17, 2012:

Facebook today announced the pricing of its initial public offering of 421,233,615 shares of its common stock at a price to the public of $38 per share.

The shares are expected to begin trading on the NASDAQ Global Select Market on May 18, 2012, under the symbol "FB." Facebook is offering 180,000,000 shares of Class A common stock and selling stockholders are offering 241,233,615 shares of Class A common stock. Closing of the offering is expected to occur on May 22, 2012, subject to customary closing conditions.

In addition, Facebook and the selling stockholders have granted the underwriters a 30-day option to purchase up to 63,185,042 additional shares of Class A common stock to cover over-allotments, if any.

User Growth



Regions

For each of the following statements, select Yes if, from the information provided, it can be shown that the statement is true. Otherwise, select No.

YesNo 
Assuming the same geographic segmentation for Facebook users in September 2009 as in December 2011, the number of users in Asia in September 2009 exceeded 50 million.
The number of Facebook users increased between December 2011 and the time of the IPO in May of 2012.
The total number of users in all regions in the "Regions" tab matches the number of active users in December 31, 2011 shown in the "User Growth" tab.

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