Meta Platforms Inc (META)

[NASCOW]

Goldman Sachs Group Inc.,Tiger Global Management and Facebook director Peter Thiel —who was one of the social network's first investors —more than doubled the amount of stock they plan to sell.The change means that 57% of the offering will be coming from current holders, rather than from the company, an unusually high percentage for one of the most sought -after IPOs in years. In comparison, when Google Inc. went public in 2004, existing holders represented 28% of sales, according to Dealogic. Private holders sold no shares in the public offerings of Yahoo Inc. and Amazon.com Inc. in the 1990s.