When is the Facebook IPO date?

According to CNBC, Facebook will likely go public by the 1st quarter of 2012, at a valuation above $100b.

"The company’s IPO, were it to happen by next spring, would probably be triggered by a section of the 1934 Securities and Exchange Act known as “the 500 rule,” these people say.

Essentially, the rule mandates that once a private company has more than 500 investors, it must begin releasing quarterly financial information to the Securities and Exchange Commission, just as public companies do."

Facebook Inc. is targeting dates between April 2012 and June 2012 for an initial public offering of its stock, according to a Wall Street Journal report Monday that cited unnamed people identified as familiar with the matter.

Facebook is expected to begin trading on the 18th of May.