Bodi

The Beachbody Company, Inc. to Change Ticker Symbol to “BODI” on March 4

Retrieved on: 
Friday, February 23, 2024

The Beachbody Company, Inc. (NYSE: BODY) (“BODi” or the “Company”), today announced that its Class A common stock will begin trading on the New York Stock Exchange (“NYSE”) under the new ticker symbol “BODI” prior to the market open on March 4, 2024.

Key Points: 
  • The Beachbody Company, Inc. (NYSE: BODY) (“BODi” or the “Company”), today announced that its Class A common stock will begin trading on the New York Stock Exchange (“NYSE”) under the new ticker symbol “BODI” prior to the market open on March 4, 2024.
  • This will replace the company’s current ticker symbol, “BODY”.
  • This new ticker symbol aligns with the company’s rebrand from Beachbody to BODi, announced on March 9, 2023.
  • The Company’s Class A common stock, par value $0.0001 per share, will continue to be listed on the NYSE and the CUSIP will remain unchanged.

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

Retrieved on: 
Tuesday, January 2, 2024

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.

Super Trainer Shaun T Brings New 12-Week Weightlifting Program to BODi; Launches “DIG DEEPER,” to Achieve Incredible Body Recomposition Transformation

Retrieved on: 
Tuesday, December 19, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231219245384/en/
    Super Trainer Shaun T Brings New 12-Week Weightlifting Program to BODi; Launches “DIG DEEPER,” to Achieve Incredible Body Recomposition Transformation (Photo: Business Wire)
    Shaun T has a legacy of high-intensity cardio training but changed his body and his mindset when he challenged himself with weightlifting to rehabilitate a shoulder injury in 2022.
  • He developed DIG DEEPER, the ultimate lifting program featuring low-impact moves and intensive strength training, with one day a week of (optional) moderate cardio – all aimed to achieve an incredible body recomposition.
  • With DIG DEEPER and body recomposition, you’ll gain muscle and lose fat simultaneously, leading to a leaner, stronger, healthier and more powerful body.
  • Participants can choose to follow the recommended ‘ultimate body recomposition’ 12-week calendar or use the Collections independently.

BODi Helps End After-Dinner Suffering This Thanksgiving

Retrieved on: 
Wednesday, November 22, 2023

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

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

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. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 7, 2023

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.

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

Retrieved on: 
Thursday, October 5, 2023

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.

BODi Debuts “CHOP WOOD CARRY WATER” - The Fountain Of Youth Fitness Program from Super Trainer Amoila Cesar

Retrieved on: 
Monday, July 10, 2023

The Beachbody Company, Inc. (NYSE:BODY) (“BODi” or the “Company”), the leader in the category of Health Esteem, with effective fitness, nutrition and positive mindset content, continues to innovate home fitness solutions with a new program from celebrity Super Trainer Amoila Cesar called “CHOP WOOD CARRY WATER.” The program is now available with purchase, and an existing BODi Fitness membership, at ChopWoodCarryWater.com .

Key Points: 
  • The Beachbody Company, Inc. (NYSE:BODY) (“BODi” or the “Company”), the leader in the category of Health Esteem, with effective fitness, nutrition and positive mindset content, continues to innovate home fitness solutions with a new program from celebrity Super Trainer Amoila Cesar called “CHOP WOOD CARRY WATER.” The program is now available with purchase, and an existing BODi Fitness membership, at ChopWoodCarryWater.com .
  • View the full release here: https://www.businesswire.com/news/home/20230710755836/en/
    BODi Debuts “CHOP WOOD CARRY WATER” - The Fountain Of Youth Fitness Program from Super Trainer Amoila Cesar (Photo: Business Wire)
    Named for the Zen proverb reinforcing patience and consistent repetition that leads to mastery, CHOP WOOD CARRY WATER helps individuals of all fitness levels improve their strength and mobility.
  • “We’ve been developing CHOP WOOD CARRY WATER with Amoila Cesar for more than a year and have tested the program with groups of all skill levels.
  • CHOP WOOD CARRY WATER represents the habits and rituals on which I center my day: repetition and the pursuit of mastery.

The Beachbody Company, Inc. Announces Hiring of Mark R. Goldston To The Newly Created Role of Executive Chairman To Drive Transformation and Maximize Profitability

Retrieved on: 
Thursday, June 15, 2023

With a proven track record as a turnaround expert, Mr. Goldston brings a wealth of experience and expertise to BODi.

Key Points: 
  • With a proven track record as a turnaround expert, Mr. Goldston brings a wealth of experience and expertise to BODi.
  • In addition to The Goldston Group, Mark is the General Partner of Athletic Propulsion Labs, LLC, a luxury performance athletic footwear company.
  • Prior to The Goldston Group, Mark held the role of Chairman and CEO of United Online, a publicly traded global consumer and internet conglomerate.
  • I am honored to join BODi as Executive Chairman and be a part of the exciting journey ahead.