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Today's IPO for Fitbit (NYSE: FIT) opened for trading at $30.40 after pricing 36,575,000 shares of its Class A common stock at a price to the public of $20 per share, above the expected $17-$19 range which was recently raised.
Fitbit is offering 22,387,500 shares and certain selling stockholders are offering 14,187,500 shares. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 5,486,250 shares of Class A common... More
Today's IPO for Fitbit (NYSE: FIT) is indicated to open between $28-$31 after pricing at $20 per share
... MoreFitbit, Inc. (NYSE: FIT) announced the pricing of its initial public offering of 36,575,000 shares of its Class A common stock at a price to the public of $20.00 per share. Fitbit is offering 22,387,500 shares and certain selling stockholders are offering 14,187,500 shares. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 5,486,250 shares of Class A common stock. The shares are expected to begin trading on the New York Stock Exchange today under... More
Fitbit, Inc. (NYSE: FIT) filed an amended registration with the U.S. SEC for an IPO of its Common Stock. The company plans to sell 34.5 million units and sees an IPO price of $17 - $19 per share, from a previously expected amount of 29.85 million shares and pricing range of $14 to... More
Fitbit (NYSE: FIT) offered the following updates with its amended S-1 filing on Monday:
Update to Risk Factors
The following updates and supplements the discussion in the Preliminary Prospectus under the caption Risk FactorsRisks Related to Our BusinessOur failure or inability to protect our intellectual property rights, or claims by others that we are infringing upon or unlawfully using their intellectual property could diminish the value of our brand and weaken our... More
(Updated - June 15, 2015 6:24 AM EDT)
Fitbit, Inc. (NYSE: FIT) filed an amended registration with the U.S. SEC for an IPO of its Common Stock. The company plans to sell 29.85 million units and sees an IPO price of $14 to $16 per share. The company plans to list... More
