For shareholders of Fitbit (FIT), we wanted to provide an update on your holdings. Fitbit has been acquired by Google. As a result, FIT was delisted from the New York Stock Exchange prior to the market opening on 1/14/2021. Shareholders of Fitbit will receive $7.35 cash for every FIT share held. Fractional shareholders will receive cash proportional to their holdings of FIT at the time of the acquisition.
This will be reflected in your Cash App balance upon the company's completion of its distribution to shareholders.
If you have questions regarding corporate actions that affect shares you’re holding, we recommend contacting the appropriate company’s Investor Relations team, or locating the Investor Relations page on their website for clarification.
Investing involves risk; you may lose money. Brokerage services provided by Cash App Investing LLC, member FINRA/SIPC and a subsidiary of Square, Inc. Past performance of a security or financial product does not guarantee future results or returns. You should consider the risks before investing. For more on the risks of investing see our Disclosure Library.