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June 2, 2015 11:49 am GMT
Fitness tracker FitBit has updated the filing for its initial public offering with new pricing details.The company plans to sell just under 22.4 million shares priced between $14 to $16. At the high end, that would bring the total amount raised in its IPO to $358 million. The filing also states that FitBit stockholders plan to sell 7.5 million shares. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/GRAKEgFF8v4/
FitBit Plans To Raise Up To $358M In Its IPO
Fitness tracker FitBit has updated the filing for its initial public offering with new pricing details.The company plans to sell just under 22.4 million shares priced between $14 to $16. At the high end, that would bring the total amount raised in its IPO to $358 million. The filing also states that FitBit stockholders plan to sell 7.5 million shares. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/GRAKEgFF8v4/
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