Facebook will Submitting IPO Files - According to the news that circulated a few days later, facebook will soon hand over the administrative paperwork to the U.S. Securities and Exchange Commission (SEC) to be able to immediately conduct an initial public offering or commonly known as Initial Public Offering. Files of the largest social networking site with over 800 million active users is planned to be held on today, Wednesday, February 1, 2012. Facebook will Submitting IPO Files. Morgan Stanley The plan submission file listing of shares at the beginning of February was in line with plans to get on facebook listing in May 2012. A source from the Wall Street Journal says that Facebook will likely choose Morgan Stanley as the principal underwriter of facebook.