Computers IPOs » By The Online Investor Staff, updated Fri., May. 24, 6:49 AMRecent initial public offerings in the Computers IPOs category.
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Slide #1. Fitbit, Inc. — Initial Public Offering
Company:
Fitbit, Inc.
Proposed Symbol:
FIT
Shares Offered:
36,575,000
Price Per Share:
$20
Over-Allotment:
5,486,250
Description:
Fitbit, Inc. (NYSE:FIT), the leader in the connected health and fitness market, today 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 under the symbol "FIT" on June 18, 2015.
