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P90X and Insanity Workout Company Intends to go Public with SPAC

P90X and Insanity Workout Company Intends to go Public with SPAC
Posted on 03/05/2021
In February 2021, The Beachbody Company Group, LLC disclosed its intention to become a public company by entering into a definitive three-way merger agreement with Forest Road Acquisition Corp. (NYSE: FRX) (“Forest Road”), a publicly traded special purpose acquisition company, and Myx Fitness Holdings, LLC (“Myx Fitness” or “Myx”), an at-home connected fitness platform featuring an industry leading bike and home studio. Beachbody will continue to be led by Carl Daikeler, Beachbody’s co-founder, Chairman and Chief Executive Officer and Jon Congdon, co-founder of Beachbody and CEO of Openfit. Forest Road’s strategic advisor Kevin Mayer, former CEO of TikTok and visionary leader behind Disney+, will join the combined company’s Board of Directors. Beachbody management and shareholders are rolling over 100% of their equity stake and will own approximately 84% of the pro forma ....

United States , Jon Congdon , Kevin Mayer , Carl Daikeler , Fidelity Management Research Company , Raine Group , Beachbody Company , Kirkland Ellis , Ellenoff Grossman Schole , Greenberg Traurig , Bofa Securities Inc , Robertw Baird Co , Wharton Garrison , Acquisition Corp , Cantor Fitzgerald Co , Credit Suisse , Latham Watkins , Myx Fitness Holdings , Guggenheim Securities , Credit Suisse United States , Insanity Workout Company , Greenhill Co , Beachbody Company Group , Insanity Workout Company Intends , Forest Road Acquisition , Chief Executive Officer ,

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Forest Road Acquisition Corp. Merger

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Forest Road Acquisition Corp. Merger
February 11, 2021 20:00 ET
| Source:
Rigrodsky Law, P.A
Rigrodsky Law, P.A
Wilmington, Delaware, UNITED STATES
WILMINGTON, Del., Feb. 11, 2021 (GLOBE NEWSWIRE) Rigrodsky Law, P.A. announces that it is investigating Forest Road Acquisition Corp. (“Forest Road”) (NYSE: FRX) regarding possible breaches of fiduciary duties and other violations of law related to Forest Road’s agreement to merge with The Beachbody Company Group, LLC and Myx Fitness Holdings, LLC.
To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-forest-road-acquisition-corp.
You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or info@rl-legal.com. ....

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Consumer Cos Down As Sector Remains Volatile — Consumer Roundup

Provided by
Dow Jones
Shares of retailers and other consumer companies fell as investors retreated from a volatile sector.
Coca-Cola shares were flat after the soda maker s fourth-quarter operating earnings topped Wall Street targets. The pandemic has been worse this winter than Coca-Cola executives expected, but the beverage giant said it expects consumers to return to normal life in the second half of the year.
Under Armour shares rose after the sportswear retailer s quarterly sales tally topped forecasts.
Pop star Rihanna and luxury conglomerate LVMH MoÃ«t Hennessy Louis Vuitton are putting their fashion joint venture, Fenty, launched in 2019, on hold after sales got off to a slow start and then faltered during the pandemic. There were signs that a speculative frenzy is still affecting the retail and consumer product stocks. ....

Hennessy Louis Vuitton , Kweichow Moutai , Kevin Mayer , Rob Curran , Dow Jones Company Inc , Beachbody Company Group , Wall Street , Forest Road Acquisition , Tiktok Chief Executive Kevin Mayer , Dow Jones , மருதாணி லூயிஸ் வூடந் , கெவின் மேயர் , கொள்ளை குர்ரன் , டோ ஜோன்ஸ் நிறுவனம் இன்க் , பீச் பாடி நிறுவனம் குழு , சுவர் தெரு , காடு சாலை கையகப்படுத்தல் , திக்டோக் தலைமை நிர்வாகி கெவின் மேயர் , டோ ஜோன்ஸ் ,

Beachbody To Become Publicly Traded Company

Beachbody To Become Publicly Traded Company
WASHINGTON (dpa-AFX) - Beachbody Company Group LLC said that it plans to become a public company by entering into a definitive three-way merger agreement with Forest Road Acquisition Corp. (FRX), a publicly traded special purpose acquisition company, and Myx Fitness Holdings LLC.
Upon closing of the business combination transaction, The Beachbody Company will be the parent company of three premium content and technology-driven businesses: Beachbody On Demand, Openfit and Myx.
The transaction is expected to close in the second quarter of 2021 and the combined company will be listed on the NYSE under a new ticker symbol, BODY . ....

United States , Kostenloser Wertpapierhandel , Jon Congdon , Carl Daikeler , Acquisition Corp , Beachbody Company , Myx Fitness Holdings , Beachbody Company Group , Company Group , Forest Road Acquisition , Beachbody On Demand , Chief Executive Officer , Beach Body , ஒன்றுபட்டது மாநிலங்களில் , ஜான் காங்க்டன் , கார்ல் தைக்கேளேர் , கையகப்படுத்தல் கார்ப் , பீச் பாடி நிறுவனம் , ம்ய்க்ஷ உடற்பயிற்சி ஹோல்டிங்ஸ் , பீச் பாடி நிறுவனம் குழு , நிறுவனம் குழு , காடு சாலை கையகப்படுத்தல் , பீச் பாடி ஆன் தேவை , தலைமை நிர்வாகி அதிகாரி , கடற்கரை உடல் , வர்த்தகம் செய்யப்பட்டது ,