Online social networking service and website prices its IPO at $38/share
Co to add about 85 mln shares to IPO, floating about 422 million shares in offering expected on Friday
Co also seeks valuation of $104.2 billion based on the high-end of the new range
Co is expected to commence trading on May 18
Social networking Facebook IPO values the company between $85 billion and $95 billion
JP Morgan Chase & Co, Citigroup Inc, and Credit Suisse Group AG to lead the IPO
Co expects to file for one more amendment to its $1 registration papers
How much stake is held by Hoffman in Facebook has not been disclosed in the company's prospectus
Underwriters of Facebook are Morgan Stanley, J.P. Morgan, Bank of America, Barclays and Allen & Co and Goldman Sachs
Exchange is expected to list 35-40% premium to the IPO price of Rs 1,032 a piece