F45 Training Holdings (NYSE: FXLV) has closed its initial public offering of 21,851,944 shares of its common stock, including a partial exercise of the over-allotment option granted to the underwriters consisting of 19,057,889 shares offered by F45 and 2,794,055 shares offered by certain selling stockholders. F45 secured gross proceeds of approximately $350 million, with each of the shares sold at the public offering price of $16.00. The shares began trading on the New York Stock Exchange under the symbol FXLV on July 15, 2021. Roth Capital Partners acted as co-manager for the offering.
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About F45 Training Holdings Inc.
F45 offers consumers functional 45-minute workouts that are effective, fun and community-driven. F45 utilizes proprietary technologies: a fitness programming algorithm and a patented technology-enabled delivery platform that leverages a rich content database of over 3,900 unique functional training movements to offer new workouts each day and provide a standardized experience across the company’s global footprint. For more information, please visit www.F45Training.com.
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