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Fitbit files statement for proposed public offering

Fitbit, the leader in the connected health and fitness market, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Fitbit intends to list its Class A common stock on the New York Stock Exchange under the ticker symbol “FIT.”

Morgan Stanley, Deutsche Bank Securities, and BofA Merrill Lynch will act as active joint book-running managers for the proposed offering. Barclays and SunTrust Robinson Humphrey will act as passive joint book-running managers and Piper Jaffray, Raymond James, Stifel, and William Blair will act as co-managers.

This offering will be made only by means of a prospectus. A copy of the preliminary prospectus, when available, may be obtained from Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attn: Prospectus Department, by telephone at (866) 718-1640, or by email at; or from Deutsche Bank Securities Inc., 60 Wall Street, New York, NY 10005, Attn: Prospectus Department, by telephone at (800) 503-4611, or by email at; or from BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attn: Prospectus Department, by telephone at (866) 500-5408, or by email at

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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