According to an S-1 filing from social gaming company Zynga, the company is expecting itself to be priced at around $8.50 – $10 per share, putting the valuation of between $7 billion and $9 billion. Their Nasdaq listing is expected on December 16 as ZNGA.
“Zynga Inc. is offering 100,000,000 shares of its Class A common stock,” revealed Zynga. “This is our initial public offering, and no public market currently exists for our Class A common stock. We anticipate that the initial public offering price will be between $8.50 and $10.00 per share.”
