The Beachbody Company

The Beachbody Company Celebrates Second Annual World Health Esteem Month This January

Retrieved on: 
Tuesday, January 2, 2024
General Health, Fitness & Nutrition, Health, Other Health, Statistics, Motivation, Habit, Bodi, Exercise, Punishment, New Year's, Social media, The Beachbody Company, Life

To help start the year off with a dual focus on a positive mindset and the motivation to pursue life changing results in the new year, The Beachbody Company, Inc. (NYSE: BODY) (“BODi” or the “Company”), a leading subscription health and fitness company, announced today its celebration of World Health Esteem Month in January.

Key Points: 
  • To help start the year off with a dual focus on a positive mindset and the motivation to pursue life changing results in the new year, The Beachbody Company, Inc. (NYSE: BODY) (“BODi” or the “Company”), a leading subscription health and fitness company, announced today its celebration of World Health Esteem Month in January.
  • As an additional bonus during World Health Esteem Month, BODi is rewarding all new subscribers who purchase a one-year subscription with a second year for free.
  • “World Health Esteem Month is about helping people feel good about themselves at the same time they pursue life-changing results,” said Carl Daikeler, CEO of The Beachbody Company.
  • There is no guilt, shame or blame to pursuing self-improvement with Health Esteem.

The Beachbody Company, Inc. Announces $5,300,000 Registered Direct Offering

Retrieved on: 
Monday, December 11, 2023
General Health, Health, Fitness & Nutrition, Sale, Regulation D, Roth Capital Partners, NYSE, Security (finance), Form, SEC filing, Act, Prospectus, The Beachbody Company

The closing of the offering is expected to occur on or about December 13, 2023, subject to the satisfaction of customary closing conditions.

Key Points: 
  • The closing of the offering is expected to occur on or about December 13, 2023, subject to the satisfaction of customary closing conditions.
  • In addition, in a concurrent private placement, the Company will issue to the investors warrants to purchase up to 543,590 shares of common stock.
  • Roth Capital Partners is acting as the exclusive placement agent for the offering.
  • The gross proceeds to the Company from this offering are expected to be approximately $5.3 million, before deducting the placement agent’s fees and other offering expenses payable by the Company.

BODi Helps End After-Dinner Suffering This Thanksgiving

Retrieved on: 
Wednesday, November 22, 2023
Fitness & Nutrition, Health, Meal, The Beachbody Company, NYSE, Perspiration, Gordon's functional health patterns, Eating, Food, Exercise, Multimedia, Human, Science, Movement, Preview, Bodi, Peristalsis, Insanity, Digestion, Sport, Fitness

View the full release here: https://www.businesswire.com/news/home/20231122425842/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231122425842/en/
    BODi helps end after-dinner suffering this Thanksgiving with free access to 10-minute digestion workout.
  • According to The Center of Functional Health, moving after eating helps with digestion.
  • That might sound obvious, but science has found that exercise can actually speed the rate at which food is digested.
  • BODi Previews also offers unlimited free access to over $59 of content – including over 120 workouts like P90X, 21 Day Fix, Insanity and #MBF/Muscle Burns Fat with no credit card required.

The Beachbody Company, Inc. Completes Reverse Stock Split

Retrieved on: 
Tuesday, November 21, 2023
Vitamins, Supplements, General Health, Fitness & Nutrition, Health, NYSE, Security (finance), Public expenditure, CUSIP, Bodi, The Beachbody Company

The reverse stock split reduced the number of issued and outstanding shares of the Company’s Class A common stock from 177.81 million to 3.56 million and the number of issued and outstanding shares of the Company’s Class X common stock from 136.45 million to 2.73 million.

Key Points: 
  • The reverse stock split reduced the number of issued and outstanding shares of the Company’s Class A common stock from 177.81 million to 3.56 million and the number of issued and outstanding shares of the Company’s Class X common stock from 136.45 million to 2.73 million.
  • No fractional shares were issued as a result of the reverse stock split.
  • The reverse stock split affects all stockholders uniformly and does not alter any stockholder’s percentage interest in the Company’s outstanding common stock, except for adjustments that may result from the treatment of fractional shares.
  • Stockholders owning shares of the Company’s common stock via a bank, broker, or other nominee will have their positions automatically adjusted to reflect the reverse stock split and will not be required to take further action in connection with the reverse stock split, subject to such intermediary’s particular processes.

The Beachbody Company Launches First-Ever “BODi Previews” Tier

Retrieved on: 
Wednesday, November 15, 2023
Health, Technology, Fitness & Nutrition, General Health, Vitamins, Supplements, Internet, Microsoft Partner Network, The Beachbody Company, NYSE, Multimedia, Market, Bodi, Taste, Mobile phone, Amazon

The Beachbody Company, Inc. (NYSE: BODY) (“Beachbody” or the “Company”), a leading subscription health and wellness company, today launched “BODi Previews,” a new subscription tier for interested prospects to sample over $59 worth of BODi content free of charge.

Key Points: 
  • The Beachbody Company, Inc. (NYSE: BODY) (“Beachbody” or the “Company”), a leading subscription health and wellness company, today launched “BODi Previews,” a new subscription tier for interested prospects to sample over $59 worth of BODi content free of charge.
  • By providing a taste of the powerful content that BODi offers, the company anticipates an expansion of its user base and a subsequent increase in subscription revenue.
  • This strategic move underscores BODi's commitment to financial sustainability, the creation of shareholder value, and helping its customers achieve their goals.
  • BODi Previews is not only about expanding our reach; it's about reaching more people while also driving revenue streams that support our long-term vision," Carl Daikeler, co-founder and CEO of The Beachbody Company said.

The Beachbody Company, Inc. to Participate at Upcoming Investor Conferences

Retrieved on: 
Wednesday, November 8, 2023
Managed Care, Health, Other Health, The Beachbody Company, The Yale Club of New York City, NYSE

The Beachbody Company, Inc. (NYSE: BODY) (“Beachbody” or the “Company”), a leading subscription health and wellness company, today announced that management will be participating at the following conferences:

Key Points: 
  • The Beachbody Company, Inc. (NYSE: BODY) (“Beachbody” or the “Company”), a leading subscription health and wellness company, today announced that management will be participating at the following conferences:
    Beachbody to host one-on-one meetings.
  • Location: The Yale Club in New York, NY
    Management will be available throughout the day for investor meetings at all conferences.
  • If you are interested in meeting with management, please contact your conference representative.

The Beachbody Company, Inc. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 7, 2023
General Health, Health, Fitness & Nutrition, Digital, The Beachbody Company, Total, Operating cost, Marketing, NYSE, Bodi, Quick connect fitting, Nutrition, Video game, Cryptocurrency

The Beachbody Company, Inc. (NYSE: BODY) (“BODi” or the “Company”), a leading subscription health and wellness company, today announced financial results for its third quarter ended September 30, 2023.

Key Points: 
  • The Beachbody Company, Inc. (NYSE: BODY) (“BODi” or the “Company”), a leading subscription health and wellness company, today announced financial results for its third quarter ended September 30, 2023.
  • "We are pleased with our third quarter results, with revenue, Adjusted EBITDA and cash used in operations once again within our guidance range.
  • Digital revenue was $64.3 million compared to $72.2 million in the prior year period and digital subscriptions totaled 1.38 million in the third quarter.
  • Marc Suidan, Chief Financial Officer, stated: "In the quarter, our cash used in operations was $0.2 million compared to our guidance of cash used of less than $5 million.

NYSE to Commence Delisting Proceedings with Respect to the Warrants of The Beachbody Company, Inc. (BODY WS)

Retrieved on: 
Friday, October 27, 2023
Professional Services, Finance, The Beachbody Company, NYSE Listed Company Manual, Security (finance), BODY, NYSE, New York Stock Exchange, Committee, Bangladesh Securities and Exchange Commission, Warrant, Exchange

Trading in the Company’s Warrants will be suspended immediately.

Key Points: 
  • Trading in the Company’s Warrants will be suspended immediately.
  • Trading in the Company’s Class A common stock — ticker symbol BODY —will continue on the NYSE.
  • NYSE Regulation has determined that the Company’s Warrants are no longer suitable for listing based on “abnormally low” price levels, pursuant to Section 802.01D of the Listed Company Manual.
  • The NYSE will apply to the Securities and Exchange Commission to delist the Warrants upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.

The Beachbody Company, Inc. Announces Third Quarter 2023 Earnings Release Date, Conference Call and Webcast

Retrieved on: 
Tuesday, October 17, 2023
General Health, Fitness & Nutrition, Health, Other Health, Eastern Time Zone, ID, NYSE, U.S.–Canada Team Tournament (Go), The Beachbody Company, Video game

The Beachbody Company, Inc. (NYSE: BODY) (“Beachbody” or the “Company”), a leading subscription health and wellness company, will release its third quarter 2023 results on Tuesday, November 7, 2023, after the U.S. stock market closes.

Key Points: 
  • The Beachbody Company, Inc. (NYSE: BODY) (“Beachbody” or the “Company”), a leading subscription health and wellness company, will release its third quarter 2023 results on Tuesday, November 7, 2023, after the U.S. stock market closes.
  • The Company will host a conference call at 5:00 p.m. (Eastern Time) that day to discuss the results.
  • The toll-free dial-in for the conference call is (833) 470 1428 (U.S. & Canada), or +1 929 526 1599 (all other locations).
  • A live webcast of the conference call will also be available on the Company’s investor relations website at https://investors.thebeachbodycompany.com/ .

Introducing BODi’s Growth Game Plan: BODi’s Network Business Transformation

Retrieved on: 
Thursday, October 5, 2023
Other Health, Research, Networks, General Health, Internet, Technology, Fitness & Nutrition, Science, Other Technology, Vitamins, Supplements, Other Science, Health, Partnership, Teaching, NYSE, The Beachbody Company, Weight loss, Bodi, Partner, Growth, Motivation, Life, Mobile phone, Video game

The BODi “Growth Game Plan” is designed to reward its higher performing network sales Partners with special bonuses and align overall compensation with industry best practices.

Key Points: 
  • The BODi “Growth Game Plan” is designed to reward its higher performing network sales Partners with special bonuses and align overall compensation with industry best practices.
  • Additional key elements of the BODi Growth Game Plan include:
    The appointment of author, speaker, and renowned high-performance coach, Brendon Burchard, to the role of Chief Growth and Performance Advisor to assist the Company’s Partner network to drive enhanced performance.
  • The BODi Growth Game Plan demonstrates our confidence in the business building potential of this unique and compelling opportunity.”
    About BODi and The Beachbody Company, Inc.
  • GrowthDay was founded by Brendon Burchard and features teaching and tools from today’s top experts in personal and professional growth.