Fitbit, a maker of fitness tracking devices, submitted a filing to the Securities and Exchange Commission (SEC) on June 2,2015. The filing was about the company’s initial public offering (IPO). (Source: Securities and Exchange Commission, June 2, 2015.)
Fitbit currently offers six fitness tracking devices: “Fitbit Zip,” “Fitbit One,” “Fitbit Flex,” “Fitbit Charge,” “Fitbit Charge HR,” and “Fitbit Surge.” The company also makes a Wi-Fi-connected scale called the “Fitbit Aria,” which can measure weight, body fat, and body mass index (BMI).
According to Fitbit’s filing to the SEC, the company plans to issue 22.4 million shares priced between $14.00 and $16.00 a share. This would raise $358 million in the offering. There are also 7.5 million shares that existing stockholders are expected to sell. Add them up and the total value of the IPO is around $448 million.
Continue Reading>> Fitbit IPO: What it Means for Investors
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com
Order by Phone at 888-809-8385 or online at https://www.herbanomic.com
Get our Free Ebook, "Suppressed Health Secrets" with Natural Cures THEY don't want you to know!
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
pathogens and gives you more
energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Organic Hemp Extract (CBD) - Full Spectrum high CBD (3300mg) hemp extract eases stiff joints, relieves stress and more!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video)
Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.