The company’s largest shareholder is Forest Road Company, LLC, with ownership of 20%. With 5.7% and 4.5% of the shares outstanding respectively, Light Street Capital Management, LLC and Citadel Advisors LLC are the second and third largest shareholders.
Similarly Is FRX changing to body? Forest Road Acquisition Corporation (FRX) will change its name, trading symbol, and CUSIP to The Beachbody Company, Inc. (BODY), CUSIP 073463101 effective June 28, 2021.
Who is FRX merging with? (NYSE:FRX) (« Forest Road ») today announced that its stockholders have voted to approve the proposed three-way business combination (the « Business Combination ») with The Beachbody Company Group, LLC (« Beachbody ») and Myx Fitness Holdings, LLC (« Myx ») at its special meeting of stockholders (the « Special Meeting ») held …
Additionally, Is Beachbody merging with MYX?
The Beachbody Company and Myx Fitness Complete Merger with Forest Road Acquisition Corp., Creating the Leading Subscription Health and Wellness Company for the Mass Market. NEW YORK & SANTA MONICA, Calif.
Is Beachbody going public?
Renowned fitness brand Beachbody has officially gone public via SPAC, listed on the NYSE under the ticker BODY, and CEO Carl Daikeler rejoiced in the IPO’s success on « The Claman Countdown » Monday.
Is Beachbody stock a buy? The The Beachbody Company, Inc. stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.
Why is Beachbody stock dropping? The primary catalyst for the subscription fitness and wellness company stock’s drop was its release of a weak third-quarter report, which included a significant reduction in full-year guidance.
Is Beachbody a good buy? Beachbody has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.
Did beachbody buy MYXfitness?
Following the recent merger, The Beachbody Company and its three brands – connected fitness brand MYXfitness™, the Beachbody on Demand® streaming platform and the live Openfit™ digital streaming platform – will introduce two distinct connected fitness experiences to the original MYX and new MYX II bikes that users can …
Is beachbody stock a good investment? There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should « hold » Beachbody stock.
Who owns Forestroad?
Forest Road’s strategic advisor Kevin Mayer, former CEO of TikTok and top Disney executive, will join the combined company’s board. Beachbody management and shareholders are rolling over 100% of their equity stake and will own approximately 84% of the pro forma business at close. Openfit brings its own celeb pedigree.
Who owns MYXfitness? The Beachbody Company will be the parent company of three content and technology-driven businesses: Beachbody On Demand (BOD), Openfit and Myx.
Is MYXfitness publicly traded?
Beachbody, Myx Fitness Combined Company Goes Public Via SPAC
The combined company — The Beachbody Company — started trading on the New York Stock Exchange (NYSE) under the ticker symbols “BODY” and “BODY WS,” respectively, according to a press release.
When did MYXfitness start?
GREENWICH, Conn., Nov. 14, 2019 /PRNewswire/ — Wellness company MYXfitness today announced the launch of its in-home fitness equipment and on-demand digital classes.
What is Beachbody stock name? The Beachbody Company, Inc. (NYSE: BODY) (« Beachbody » or the « Company »), a leading subscription health and wellness company, will release its fourth quarter and full year fiscal 2021 results on Tuesday, March 1, 2022, after the U.S. stock market closes.
Why did Beachbody stock drop today? The primary catalyst for the subscription fitness and wellness company stock’s drop was its release of a weak third-quarter report, which included a significant reduction in full-year guidance.
How do I invest in Beachbody?
Invest in The Beachbody Company on Stash
Stash allows you to purchase smaller pieces of investments, called fractional shares, rather than having to pay the full price for a whole share. , you can buy The Beachbody Company stock in any dollar amount, or any other fund or stock you know on Stash.
What company owns P90X? Beachbody has brands P90X, INSANITY and 21 Day Fix. Through the BOD and Openfit platforms, the company has developed a diverse offering of live and on-demand content as well as nutrition solutions that reach more than 2.6 million paid digital subscribers.
How much is BODi in Canada?
BODi Pricing
Following the 30 day trial BODi is $19.95/month. An annual Beachbody On Demand & BODi Challenge Pack is $298/year.
Is Beachbody public? Beachbody Co-founder, Chairman and CEO Carl Daikeler (front center) rang open the New York Stock Exchange on June 28, the first day the combined company now known as The Beachbody Company Inc. began trading publicly on the NYSE.
