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F45 Training Holdings Inc. (NYSE: FXLV) will announce its Q2 Fiscal 2021 results on August 26, 2021, after market close. A conference call will follow at 4:30 P.M. Eastern, accessible via the company's investor relations website or by phone. F45 offers innovative, community-focused 45-minute workouts using proprietary technologies, featuring a database of over 3,900 unique training movements to ensure diverse daily sessions.
F45 Training Holdings has completed its initial public offering, selling 18,750,000 shares at $16.00 each, alongside 1,562,500 shares from a selling stockholder. The offering could increase by an additional 3,046,875 shares through a 30-day option for underwriters. The total net proceeds are approximately $279 million after deductible fees. F45's shares began trading under the ticker symbol FXLV on the NYSE on July 15, 2021. Goldman Sachs and J.P. Morgan acted as lead managers for the offering, which was registered with the SEC on July 14, 2021.
F45 Training Holdings has priced its initial public offering (IPO) at $16.00 per share, offering a total of 20,312,500 shares, with 18,750,000 shares from the Company and 1,562,500 shares from a selling stockholder. A 30-day option is available for underwriters to purchase an additional 3,046,875 shares. The IPO is set to commence trading on the New York Stock Exchange under the symbol 'FXLV' and is expected to close on July 19, 2021. Proceeds will be used for debt repayment, acquisitions, employee bonuses, offering expenses, and general corporate purposes.