Life Time Group Holdings Inc Stock Price, News & Analysis

Life Time (NYSE: LTH) is hosting a free livestreamed panel on GLP-1 peptides on September 25, 2024, from 6:00-7:30 p.m. CT via the Life Time App. The event features insights from Chief Science Officer James LaValle, Dr. Gregory Pippert, and Cliff Edberg.

Topics include:

• GLP-1s and their function
• Suitable candidates for these medications
• Optimizing results and reducing side effects
• Importance of strength training and diet with GLP-1s

This event is part of Life Time's commitment to providing evidence-based guidance for health journeys. It's the first of several planned livestreams on longevity, performance, and anti-aging. Life Time MIORA offers personalized care plans, including GLP-1s when appropriate, based on comprehensive wellness assessments.

Life Time (NYSE: LTH) has announced the launch of its new '30 Strong Challenge', a complimentary 30-day program starting October 2. The challenge, designed by Life Time's experts, aims to help participants build sustainable healthy habits through daily nutrition and exercise goals. Key habits include:

• Daily programmed workouts
• 30 additional minutes of movement
• 30 grams of protein per meal
• Daily hydration goals
• Eliminating alcohol
• 7+ hours of sleep per night

The program is available at Life Time's 170+ athletic country clubs and through its digital app. Participants can access complimentary training sessions, virtual coaching, and are eligible for weekly and grand prizes from brand partners.

Life Time (NYSE: LTH) has announced the nationwide launch of Life Time x Augie's Quest GO90, a fundraiser workout event scheduled for September 28, 2024. The event aims to benefit Augie's Quest to Cure ALS and the Life Time Foundation, focusing on ALS research, patient care, youth nutrition, movement, and conservation efforts.

GO90 will feature 90-minute workout classes across Life Time's athletic country clubs, with a $25 donation required for participation. The event's duration symbolizes that someone is diagnosed with ALS every 90 minutes. 100% of funds raised will be equally split between the two organizations. Non-members can also participate by registering at a convenient Life Time location.

The 2025 Life Time Miami Marathon & Half has achieved another record sellout, closing registration on August 29 with 18,500 runners. This marks the fourth consecutive sellout for the event, scheduled for February 2, 2025. A waitlist will open from September 16 to October 31. The event, now in its 23rd year, attracts participants from 50 states and over 70 countries. The USTAF-certified, Boston-qualifying course showcases Miami's cityscape and waterways. The weekend also includes the Life Time Tropical 5K on February 1 and the Miami Famous Expo from January 31 to February 1. In 2024, the event generated $16.1M in local economic impact and hosted nearly as many international runners (34%) as local Dade County runners (35%).

Life Time, a health and wellness company, is releasing a coffee table book titled 'In This Lifetime' in September 2024. The book, priced at $105, aims to inspire readers to make the most of their lives and serve as an antidote to modern-day disconnection and unhappiness. Jill Palmquist, Life Time's Vice President and Chief Storyteller, describes it as a visual tour de force combining typography, design, photography, and essays.

The book reflects Life Time's mission and the values of its members, focusing on creating healthy, happy lives and fostering human connection. It encourages readers to wake up to the beauty of the present moment and offers guidance on pursuing a fulfilling life. 'In This Lifetime' is presented as a keepsake, guidebook, and meditation on life, emphasizing the importance of caring for body, mind, and soul.

Life Time (NYSE: LTH) has announced plans to open a new athletic country club in Austin, Texas' South Lamar neighborhood by mid-2025. This 57,700-square-foot facility will be part of The Bouldin, a four-acre mixed-use development. The club will occupy the first two floors of a four-story building, featuring:

• Recovery and rejuvenation spaces
• Full bar and social lounge
• Small and large group training programs
• Coworking space
• Co-ed bath house with hot tubs, cold plunges, sauna, and steam rooms

This will be Life Time's fifth location in Austin and 34th in Texas, reflecting the company's continued expansion in response to high demand for its wellness offerings in the area.

Experience Life magazine, published by Life Time (NYSE: LTH), introduces the SPARK formula to help people incorporate more fun into their daily lives. This easy-to-remember acronym, coined by author Catherine Price, stands for:

• Space: Make room for fun physically and mentally
• Pursue: Engage in passions that fulfill you deeply
• Attract: Open yourself to fun possibilities
• Rebel: Step out of your comfort zone
• Keep at It: Prioritize fun consistently

The initiative aims to address stress-related issues affecting many Americans, with 27% reporting being too stressed to function. The SPARK method is featured in the July/August edition of Experience Life magazine, offering readers accessible tools for healthier, happier living.

Life Time (NYSE: LTH) is hosting a national livestream pickleball event featuring tennis icon Andre Agassi on Monday, Aug. 19 at 6:30pm ET. The event, taking place at Life Time PENN 1 in New York City, will be accessible to everyone via the complimentary Life Time digital app. This marks the company's first livestreamed pickleball event, with more planned for the future.

The exhibition play will include top-rated pros and celebrities, all mic'd up for an engaging experience. Life Time Founder, Chairman and CEO Bahram Akradi will debut the new LT – The Ultimate Pickleball, and JOOLA will make a significant announcement. The event highlights Life Time's commitment to expanding digital offerings and promoting racquet sports, including Agassi's role as chair of the Life Time Pickleball and Tennis Board.

Life Time Group Holdings (NYSE: LTH) has priced its public offering of 12,000,000 shares of common stock at $21.75 per share. The offering includes shares from both the company and existing stockholders. Underwriters have a 30-day option to purchase an additional 1,800,000 shares from selling stockholders. The offering is expected to close on August 14, 2024.

Life Time plans to use the net proceeds for general corporate purposes, including potential debt repayment. Morgan Stanley and BofA Securities are lead book-running managers, with several other firms involved in various capacities. The offering is made pursuant to a shelf registration statement filed with the SEC.