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
On the day this news was published, BODI gained 1.59%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Market Reality Check
Peers on Argus
BODI is down 4.46% while momentum-screened peers like FENG and ZDGE show gains of about 4.00% and 6.04%, indicating today’s weakness is more stock-specific than sector-driven.
Previous Partnership Reports
| Date | Event | Sentiment | 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. |
Partnership announcements have historically coincided with modestly positive next-day moves.
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.
Historical Comparison
In the past, BODI’s partnership announcements led to an average move of 2.19% up the next day. The current -4.46% reaction to another partner-focused announcement diverges from that pattern.
Partnerships have evolved from consumer access and distribution (Truemed, Dr. B, CAP Barbell) toward financing support, as reflected in the expanded relationship with Tiger Finance.
Market Pulse Summary
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.
Key Terms
credit facility financial
financial covenants financial
financial restructuring financial
AI-generated analysis. Not financial advice.
Amended financial covenants reflect BODi's improved performance and 2026 growth initiatives in the fitness and nutrition sector
"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