Tiger Finance and BODi Strengthen Partnership with Amendment to Credit Facility

Rhea-AI Summary

BODi (NASDAQ: BODI) and Tiger Finance amended an existing credit facility on Feb 5, 2026 to revise financial covenants, giving BODi enhanced financial flexibility tied to improved liquidity and performance.

The amendment is positioned to support BODi's 2026 growth initiatives in fitness and nutrition as the company shifts from restructuring toward new revenue opportunities.

Positive

• Amended credit facility provides enhanced financial flexibility
• Revised covenants reflect strengthened liquidity and performance
• Supports 2026 growth initiatives in fitness and nutrition

Negative

• None.

News Market Reaction – BODI

+1.59%

+1.59% Session close to close

In the Feb 6 session, BODI gained 1.59%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement centers on Tiger Finance amending BODi’s credit facility, with revised financial c...

Analysis

This announcement centers on Tiger Finance amending BODi’s credit facility, with revised financial covenants tied to an improved liquidity position and 2026 growth initiatives. It follows earlier covenant adjustments disclosed in recent 8‑K and 10‑Q filings. Key items to monitor include future updates on covenant compliance, liquidity levels, and the company’s progress shifting from financial restructuring to executing on new revenue opportunities in 2026.

Previous Partnership Reports

3 past events · Latest: Sep 19 (Positive)

Same Type Pattern 3 events

Date	Event	Sentiment	24h Move	Catalyst
Sep 19	Strategic partnership	Positive	+1.3%	Truemed deal enabling HSA/FSA pre-tax reimbursement for BODi supplements and fitness.
Jul 10	Retail partnership	Positive	+0.5%	CAP Barbell collaboration offering exclusive Amazon Prime Day fitness bundles with BODi.
May 01	Telehealth partnership	Positive	+4.8%	Dr. B telehealth partnership enabling HSA/FSA use for BODi fitness solutions nationwide.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Partnership announcements have historically coincided with modestly positive next-day moves.

Recent Company History

This announcement extends BODi’s pattern of strategic partnerships and agreements. Earlier collaborations with Truemed, CAP Barbell, and Dr. B focused on payment flexibility, distribution, and telehealth-enabled access to BODi offerings, with next-day moves between 0.47% and 4.84%. Today’s amended credit facility with Tiger Finance continues that theme of external partners supporting growth and access, but targets capital structure and financial flexibility rather than customer-facing distribution.

Key Terms

credit facility, financial covenants, financial restructuring

3 terms

credit facility financial

"Tiger Finance has amended its existing credit facility with Southern California-based"

A credit facility is a flexible loan arrangement that allows a borrower to access funds up to a set limit whenever needed, similar to a company having an overdraft option on a bank account. It matters to investors because it indicates how easily a business can secure cash when required, affecting its ability to manage expenses, invest, or respond to financial challenges.

financial covenants financial

"Amended financial covenants reflect BODi's improved performance and 2026 growth"

Financial covenants are rules written into loan or bond agreements that require a company to keep certain financial measures within agreed limits—examples include minimum cash, maximum debt levels, or minimum profit margins. They act like guardrails for lenders: breaking a covenant can force renegotiation, trigger penalties or default, and quickly affect a company’s available cash and stock value, so investors watch them as early warning signs of financial stress.

financial restructuring financial

"as we transition from financial restructuring to capitalizing on new revenue"

A financial restructuring is a planned change to a company’s debts, assets or cost structure aimed at improving its ability to survive and generate cash, for example by renegotiating loans, selling assets, cutting costs or swapping debt for equity. It matters to investors because it can change who gets paid first, reduce the risk of failure, dilute existing shares or alter future profits — like reorganizing a household budget and selling valuables to stay afloat and pay bills.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Amended financial covenants reflect BODi's improved performance and 2026 growth initiatives in the fitness and nutrition sector

NEW YORK, Feb. 5, 2026 /PRNewswire/ -- Tiger Finance has amended its existing credit facility with Southern California-based The Beachbody Company, Inc. (NASDAQ: BODI) ("BODi" or the "Company") to provide the fitness and nutrition leader with enhanced financial flexibility.

"We have revised our terms with BODi in recognition of its strengthened liquidity position and financial performance," said Andrew Babcock, Senior Managing Director at Tiger Finance. "As a long-term partner, we look forward to continuing our work with the Company as it executes its broader strategic objectives."

The amended facility underscores Tiger Finance's commitment to delivering tailored capital solutions that support disciplined growth and long-term value creation. Mark Goldston, Executive Chairman of BODi, commented: "We greatly value our relationship with Tiger Finance as they have proven to be a creative, resourceful and supportive partner to BODi. Our amended covenants provide us with additional flexibility to execute on our growth strategies as we transition from financial restructuring to capitalizing on new revenue opportunities in 2026."

About Tiger Finance
Stretch asset-based lender Tiger Finance approaches investing decisions based upon Asset Intelligence. Providing first-lien, second-lien, and split-lien facilities, typically structured as term debt, Tiger Finance advances against working capital, machinery and equipment, fixtures, real estate, and intellectual property across a wide range of industries. It is a division of Tiger Capital Group, which specializes in the provision of secured debt financing and equity investments, as well as comprehensive appraisals for the ABL industry and the disposition of consumer and industrial assets.

About BODi and The Beachbody Company, Inc.
Originally known as Beachbody, BODi has been innovating structured step-by-step home fitness and nutrition programs for 25 years such as P90X, Insanity, and 21-Day Fix, plus the first premium superfood nutrition supplement, Shakeology. Since its inception in 1999 BODi has helped over 30 million customers pursue extraordinary life-changing results. The BODi community represents millions of people helping each other stay accountable to goals of healthy weight loss, improved strength and energy, and resilient mental and physical well-being. For more information, please visit TheBeachbodyCompany.com.

Media Contacts: At Jaffe Communications, Elisa Krantz, (908) 789-0700, elisa@jaffecom.com.

View original content:https://www.prnewswire.com/news-releases/tiger-finance-and-bodi-strengthen-partnership-with-amendment-to-credit-facility-302680447.html

SOURCE Tiger Group

FAQ

What did BODi announce about its credit facility with Tiger Finance on Feb 5, 2026?

BODi amended its existing credit facility to revise covenants and increase flexibility. According to BODi, the amendment reflects strengthened liquidity and is intended to support the company's 2026 growth initiatives in fitness and nutrition.

How will the amended covenants affect BODi (BODI) operations in 2026?

The covenants provide additional financial flexibility to execute growth plans in 2026. According to BODi, this flexibility helps transition from restructuring to capitalizing on new revenue opportunities in the fitness and nutrition sector.

Why did Tiger Finance revise terms with BODi (BODI) in February 2026?

Tiger Finance revised terms in recognition of BODi's improved liquidity and financial performance. According to Tiger Finance, the amendment responds to strengthened metrics and supports disciplined growth and long-term value creation.

Does the amendment signal a change in BODi's financial position for investors?

Yes; the amendment signals improved liquidity and creditor confidence in BODi's performance. According to BODi, the revised facility increases flexibility as the company pursues revenue growth in 2026 following prior restructuring.

What strategic priorities will the amended Tiger Finance facility support for BODi (BODI)?

The facility is intended to support execution of broader strategic objectives and 2026 growth initiatives. According to BODi, the amended covenants enable the company to focus on new revenue opportunities in fitness and nutrition while maintaining disciplined growth.