Fitbit smart bracelet manufacturer listing: first-day jump 49.35%-fitbit, listed, the smart bracelet-IT information

IT news , June 19, United States smart bracelet manufacturers Fitbit listed Thursday on the New York Stock Exchange, issuance totaled 36.575 million shares of class a common stock, trading at $ 30.4 per share, representing an earlier message said $ 20 offering price per share rising 52%. At this point, the Fitbit can fetch about $ 6.2 billion.

Fitbit final on the day at $ 29.87 a share, representing a price up 49.35%. In addition, the Fitbit is also granted the underwriters 5,486,250 over-allotment option, which fully exercise an overallotment option, the highest IPO financing totaling US $ 842.7 million.

It is learnt that the Fitbit originally proposed to be issued at $ 14 to $ 16, 29.9 million shares, but because of the good quality recognition and strong growth momentum, at the request of investors, Fitbit once in the prospectus will be raised to between 17 and 19 dollars per share offer price range, circulation increased to 34.5 million shares.

According to news shows, Fitbit will adopt a two-tier ownership structure model: CEO and CFO of the company will be charged with 10.9% class b common stock, the company's largest shareholder Foundry Group fund holds 28.9% class b common stock.