IFit

New Report: Online Fitness Continues to Grow, but Showing Weakness in User Retention

Thursday, October 14, 2021 - 1:10pm

This new report paints a detailed portrait of the current state of the online fitness market by exploring online fitness market sizing, user profiles, brand engagement and performance, with a spotlight on the relationship between online fitness and gyms/fitness studios.

Key Points: 
  • This new report paints a detailed portrait of the current state of the online fitness market by exploring online fitness market sizing, user profiles, brand engagement and performance, with a spotlight on the relationship between online fitness and gyms/fitness studios.
  • Approximately 23% of U.S. adults report currently using some type of online fitness platform at least once a month.
  • Current online fitness users spend 5.8 times more on fitness than exercisers who have never tried online fitness.
  • While online fitness plays an important role in fitness routines, it doesn't take the place of the gym for online fitness users.

iFIT Postpones Initial Public Offering

Thursday, October 7, 2021 - 1:14pm

iFIT Health & Fitness Inc (iFIT), a global leader in connected fitness software, content and equipment, today announced that it has postponed its previously announced initial public offering.

Key Points: 
  • iFIT Health & Fitness Inc (iFIT), a global leader in connected fitness software, content and equipment, today announced that it has postponed its previously announced initial public offering.
  • iFIT made the decision based on adverse market conditions and will continue to evaluate the timing for the proposed offering.
  • iFIT delivers these patented interactive experiences through an extensive offering of live and on-demand content across the industrys broadest range of connected fitness modalities.
  • iFIT is a leader and pioneer in the health and well-being industry with more than 400 issued and pending patents.

iFIT Announces Launch of Initial Public Offering

Monday, September 27, 2021 - 11:32am

iFIT Health & Fitness Inc (iFIT), a global leader in connected fitness software, content and equipment, today announced that it has launched the roadshow for the initial public offering of its Class A common stock.

Key Points: 
  • iFIT Health & Fitness Inc (iFIT), a global leader in connected fitness software, content and equipment, today announced that it has launched the roadshow for the initial public offering of its Class A common stock.
  • iFIT is offering 30,769,231 shares of its Class A common stock.
  • In addition, iFIT expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions.
  • The initial public offering price is expected to be between $18.00 and $21.00 per share.

EarlySense® Offers "Vital Insights" for Healthcare Providers

Tuesday, September 21, 2021 - 3:13pm

The new series provides insight through in-depth interviews with thought leaders across the technology sectors of health and patient care.

Key Points: 
  • The new series provides insight through in-depth interviews with thought leaders across the technology sectors of health and patient care.
  • "As we look at ways to address the most challenging issues in the healthcare space, one of the most powerful tools at our disposal is the sharing of information," said Matt Johnson, CEO of EarlySense.
  • In addition to the podcast series, the company also launched a new resource library , with an overall emphasis on clinical intelligence, healthcare technology and remote monitoring.
  • EarlySense is the global leader in 100-percent contact-free, continuous monitoring solutions.

Insight from the Front Lines: New Survey Looks to Identify Challenges in Virtual Care

Friday, September 17, 2021 - 4:45pm

Titled " Finding the Gaps in Technology: Virtual Care Assessment ," the 30-question survey delves into various aspects of the virtual care model and specifically remote patient monitoring to determine where healthcare providers and remote patient monitoring stakeholders see clear benefit and where pain points still exist.

Key Points: 
  • Titled " Finding the Gaps in Technology: Virtual Care Assessment ," the 30-question survey delves into various aspects of the virtual care model and specifically remote patient monitoring to determine where healthcare providers and remote patient monitoring stakeholders see clear benefit and where pain points still exist.
  • "We know the pandemic created widespread acceptance and use for remote patient monitoring as an effective way to treat patients in their homes," said Terry Duesterhoeft, Chief Product Officer of EarlySense.
  • "But we also know there are still barriers and challenges to implementation and use of technology outside the hospital.
  • This survey is giving us the ability to see how we can address known and unknown pain points, so we all plan for a longer-term, technology-based future."

EarlySense® Announces Sponsorship of First-ever Telehealth Awareness Week

Thursday, September 9, 2021 - 11:59pm

WOBURN, Mass., Sept. 9, 2021 /PRNewswire/ --As telehealth continues to gain traction in the wake of the COVID-19 pandemic, EarlySense ,the market leader in contact-free continuous monitoring solutions across the care continuum, today announced its sponsorship of the inaugural Telehealth Awareness Week , presented by the American Telemedicine Association (ATA).

Key Points: 
  • WOBURN, Mass., Sept. 9, 2021 /PRNewswire/ --As telehealth continues to gain traction in the wake of the COVID-19 pandemic, EarlySense ,the market leader in contact-free continuous monitoring solutions across the care continuum, today announced its sponsorship of the inaugural Telehealth Awareness Week , presented by the American Telemedicine Association (ATA).
  • Taking place this September 19-25, Telehealth Awareness Week will reinforce the value of telehealth and its critical role in providing access to safe, appropriate care.
  • During the week, EarlySense will join other organizations including hospital systems and medical practices, other leaders in telehealth service delivery, technology solution providers, patient advocacy organizations and policymakers who are working to advance the use of telehealth and other remote patient solutions across the care continuum.
  • Additional updates on activities planned for Telehealth Awareness Week and opportunities to participate are available on the official Telehealth Awareness Week website here: TelehealthAwareness.org .

A $97.2 Billion Global Opportunity for Fitness Bands by 2026 - New Research from StrategyR

Thursday, September 9, 2021 - 4:20pm

SAN FRANCISCO, Sept. 9, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Fitness Bands - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Sept. 9, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Fitness Bands - Global Market Trajectory & Analytics" .
  • Geographies:World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
  • Fitness Bands, one of the segments analyzed in the report, is projected to record a 23.1% CAGR and reach US$5.6 Billion by the end of the analysis period.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

iFIT Files Registration Statement for Proposed Initial Public Offering

Tuesday, August 31, 2021 - 11:13pm

iFIT Health & Fitness Inc (iFIT), a global leader in connected fitness software, content and equipment, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock.

Key Points: 
  • iFIT Health & Fitness Inc (iFIT), a global leader in connected fitness software, content and equipment, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock.
  • The number of shares to be offered and the price range for the proposed offering have not yet been determined.
  • iFIT intends to list its common stock on the Nasdaq Global Select Market under the ticker symbol IFIT.
  • Morgan Stanley, BofA Securities, and Barclays Capital Inc. will act as lead book-running managers for the proposed offering.