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Shaq SPAC Beachbody

Shaquille O'Neal-backed Forest Road Acquisition Corp. (NYSE: FRX) popped 10% intraday on word that the SPAC's shareholders OK'd a merger with The Beachbody Company and Myx Fitness Holdings Shaq's first SPAC recently reached a $2.9 billion deal to bring fitness companies public. Alyssa Pointer/Atlanta Journal-Constitution via AP Fresh off of inking a deal to merge and bring fitness companies Beachbody and Myx Fitness public, the team from Forest Road Acquisition, including Shaquille O'Neal, has filed for a new special purpose.

Forest Road SPAC pops 10%+ on Beachbody deal's OK (NYSE

Beachbody, which according to Chief Executive Carl Daikeler has more than 2.6 million paid digital subscribers, will own and operate three online fitness businesses after deal closes in the second quarter: Myx, Beachbody on Demand and digital streaming platform Openfit Beachbody CEO and chairman Carl Daikeler, who founded the company in 1998, is now a billionaire thanks to his 44% stake, worth $1.7 billion as of 9:45 am ET on Monday. The goal of the merger is to.

Shaq SPAC II: O'Neal, Disney Vets Mayer and Staggs Seek

Beachbody went public via a three-way business combination with Peloton competitor Myx Fitness Holdings and Forest Acquisition Corp., a SPAC backed by NBA hall of Famer Shaquille O'Neal The company's first SPAC Forest Road Acquisition Corp (NYSE: FRX) recently announced a merger with Beachbody and Myx Fitness. The company's first SPAC raised $300 million and included one. The announcement just came out. Full version. Fitness-and-nutrition business the Beachbody Company Group LLC plans to merge with a blank-check company affiliated with former TikTok Chief Executive Kevin Mayer in a deal that values the combined company at nearly $3 billion. As part of the deal, Myx Fitness LLC, an at-home connected cycling.

Shaq & Former TikTok CEOs SPAC ($FRX) Announces $3B

A team of former Walt Disney Co (NYSE: DIS) executives are uniting again with NBA Hall of Famer Shaquille O'Neal on a new SPAC that was filed Thursday after market close. The SPAC: Forest Road. Forest Road Acquisition Corp. (NYSE:FRX) announced in a press release that its shareholders approved its combination with consumer fitness firms the Beachbody Company and Myx Fitness Holdings at a special meeting earlier today. The press release did not disclose redemption numbers, but FRX reached $10.05 on its redemption deadline June 22, and climbed 9.26% to $11.33 today following the. Shaquille O'Neal is taking his talents to the public market, alongside one of Martin Luther King Jr.'s sons and three ex-Disney executives with a special purpose acquisition company (SPAC). Shaq and his..

Shaq & Former TikTok CEOs SPAC ($FRX) Announces $3B

Beachbody and at-home connected cycling provider Myx Fitness will merge with Forest Road, with Myx becoming part of Beachbody. The merger gives the combined company a $3 billion valuation . Forest Road is led by three former Disney executives, and lists Shaquille O'Neal and Martin Luther King III among strategic advisors Beachbody announced a definitive agreement to go public through a three-way merger.The SPAC Forest Road Acquisition Corp. (FRX) and Myx Fitness Holdings LLC will complete the merger with Beachbody. The first Forest Road SPAC raised $300 million in a November IPO and nine days ago announced a deal to combine at-home fitness businesses Beachbody and Myx in a transaction valuing the new company. Shaq, Lebron James, & former TikTok CEOs SPAC just announce their $3B merger with Beachbody Some people involved with this (which is honestly a big part of why I'm so excited): * Shaq * Kevin Mayer, TikTok's former CEO, * Lebron James * Arnold Schwarzenegger * Tom Staggs, former Disney CFO & COO. The announcement just came out

Beachbody's SPAC Merger With Peloton Rival Mints A New

Celebrities in the SPAC space include Shaquille O'Neal and Alex Rodriguez. NBA star Shaquille O'Neal is serving as an which announced a three-way merger with fitness company BeachBody. Beachbody Goes Public in $2.9 Billion Deal. By Pat Maio. Monday, June 28, 2021. Tweet. Beachbody will trade under the ticker symbol BODY. Photo by TOM IVICEVIC. Beachbody Co. Group, a Santa Monica. The SPAC's merger with Beachbody and MYX Fitness will value the combined company at almost $3 billion. It comes as the popularity of at-home fitness applications has grown during the pandemic

Beachbody goes public through SPAC Fox Busines

The SPAC is led by three former Disney executives and includes Shaquille O'Neal and Martin Luther King III as advisors. Openfit, also owned by Beachbody, acquired nutrition company Ladder in December. Ladder was founded by LeBron James and Arnold Schwarzenegger The duo's first SPAC, three-way merger last week with fitness companies Beachbody LLC and Myx Fitness LLC that was valued at around $2.9 billion. Former basketball star Shaquille O'Neal,.

Beachbody Company Inc. swung between gains and losses Monday after going public through a special purpose acquisition company, or SPAC.. Shares of the Beverly Hills, California-based in-home fitness and weight loss solutions provider opened for trading at $13.15 apiece after the merger with Forest Road Acquisition Corp. closed at $12 a share on Friday Peloton. Fitness and nutrition company Beachbody recently announced a three-way merger with equipment manufacturer MYX Fitness and a blank check SPAC (special purpose acquisition company) Forest Road Acquisition Corp. As a result, the three companies will join forces to go public at a combined value of $2.9 billion Both Staggs and Mayer were advisers for the firm's first SPAC, which last month announced a three-way merger with fitness companies Beachbody and Myx Fitness in deal valuing the combined entity.

The Beachbody Company to go public via $2.9B SPAC merger. February 10, 2021, 1:43 PM. Kevin Mayer, former CEO of Tiktok and former Disney exec and Carl Daikeler, co-founder, CEO, and Chairman of. Fitness and Nutrition Companies to Combine in $3 Billion SPAC Merger Beachbody will combine in a three-way merger with blank-check company Forest Road Acquisition Corp. and Myx Fitness, which. The duo's first SPAC, Forest Road Acquisition Corp, agreed a three-way merger last week with fitness companies Beachbody LLC and Myx Fitness LLC that was valued at around $2.9 billion Forest Road Acquisition Corp., a special purpose acquisition company (or SPAC) backed by the eponymous entertainment finance firm with a Hollywood-heavy roster of advisors has found its target, announcing plans to buy digital fitness specialist Beachbody Company and take it public. The transaction involves a three-way merger between the Forest Road SPAC, Myx Fitness Holdings, [

Shaq SPAC 2.0 Coming With 3 Former Disney - Benzing

The company's first SPAC Forest Road Acquisition Corp (NYSE:FRX) recently announced a merger with Beachbody and Myx Fitness. The company's first SPAC raised $300 million and included one third of a warrant with units. The Management Team: O'Neal is a strategic advisor for the SPAC once again Beachbody Company Inc. swung between gains and losses Monday after going public through a special purpose acquisition company, or SPAC. Ticker Security Last Change Change % BODY n.a. n.a. n.a. n.a. The stock, which trades on the New York Stock Exchange under the ticker BODY, has fluctuated in a range between $11.74 and $13.50 Beachbody's first escaped success was the P90X, a three-month launch camp that has since been exalted as Michelle Obama and former U.S. House Speaker Paul Ryan. Daikeler and Congdon built the company into a multi-level marketing giant with more than 400,000 trainers selling video workouts, weight loss cramps and other social media add-ons Just last week, the $300-million SPAC led by former Disney higher-ups Kevin Mayer and Tom Staggs ( Shaquille O'Neal is a strategic advisor) announced a deal to merge with Santa Monica-based. The Beachbody Company is the parent company to the Beachbody On Demand platform and the fast-growing DTC platform Openfit, which launched in 2019 and features 400+ live trainer-led group fitness.

Shaq, Lebron James, & former TikTok CEOs SPAC announce $3B

  1. A-Rod, Shaq, Colin Kaepernick, Serena Williams, and Steph Curry have all recently gotten into the SPAC game. Fitness company Beachbody agreed to go public in February through a merger with a SPAC advised by Shaq. Atlanta Braves and Formula One owner Liberty Media's new SPAC raised $500 million in its January IPO
  2. The SPAC merger between the three companies will have the combined entity operating as The Beachbody Company.This will have it serving as the parent company of Beachbody On Demand, Openfit, and Myx
  3. About a month ago, the Shaquille O'Neal-backed SPAC Forest Road popped after shareholders approved its merger with home fitness technology company Beachbody (BODY). Beachbody is a roughly $3 billion firm that's been around for decades selling at-home fitness videos to folks via various brands with different workout styles
  4. Sports Stars Think They Got Game in SPAC Arena Blank-check companies are a new favorite pastime for current or retired pro athletes, but investors shouldn't necessarily spring for courtside ticket
  5. Shaq-Advised Beachbody Goes Public In $2.9B Deal Subscription-based fitness platform Beachbody is going public. On Friday, Beachbody and at-home connected cycling provider Myx closed their merger with blank-check company Forest Road Acquisition
  6. Fitness firms Beachbody, Myx to go public via $2.9 billion SPAC deal. (R) - Fitness companies Beachbody LLC and Myx Fitness LLC will go public through a three-way merger with a blank-check.

The first Forest Road Acquisition Corp., which involved much of the same management, agreed to merge with Beachbody and MYX Fitness, and now a second SPAC has been formed. Among the notable players are Shaq (pun intended), who also happens to be an early investor in Google, and Kevin Mayer, who was most recently the CEO of TikTok Post Holdings is now a $6.6-billion company by revenue. Post Holdings has completed 16 acquisitions ranging from $100 million to $2.5 billion in size. Post Holdings has many wholly-owned brands. Forest Road Acquisition Corp., a special purpose acquisition vehicle (or SPAC) backed by the eponymous entertainment finance firm with a Hollywood-heavy roster of advisors has found its target, announcing plans to buy digital fitness specialist Beachbody Company and take it public. The transaction involves a three-way merger between the Forest Road SPAC, Myx Fitness Holdings NBA icon Shaquille O'Neal created a SPAC alongside one of Martin Luther King Jr.'s sons and three ex-Disney executives. Shaq and his friends SPAC, called Forest Road Acquisition, plan to raise $250 million for deals for the blank-check company, specifically to make deals in the media and technology sectors Shaq and his friends SPAC, called Forest Road Acquisition, plan to raise $250 million for deals for the blank-check company, specifically to make deals in the media and technology sectors. He will.

Beachbody Company Inc. swung between gains and losses Monday after going public through a special purpose acquisition company, or SPAC. Shares of the Beverly Hills, California-based in-home fitness and weight loss solutions provider opened for trading at $13.15 apiece after the merger with Forest Road Acquisition Corp. closed at $12 a share on Friday Forest Road Acquisition Corp (FRX) is said to merge with Beachbody and Myx Fitness at a combined valuation of $3B, according to WSJ. The SPAC features Thomas Staggs (Former COO of Disney) and Kevin Mayer (Former CEO of TikTok) as Directors and Shaquille O'Neal as a strategic advisor Last month, a SPAC the four-time champion advises took fitness brand Beachbody public in a merger worth $3 billion. A week later, the same group filed for another SPAC, seeking $300 million to acquire a tech company. Shaq has likely amassed a nine-figure fortune, but the exact amount isn't clear

Shaq SPAC 2.0 Coming With 3 Former Disney Executives: What ..

Forest Road (FRX) Shareholders Approve Beachbody Deal

  1. Beachbody Co., for example, has 2.6 million subscribers who pay $29 a month to stream workouts and gain access to weight-loss plans, coaching, nutrition plans, supplements and healthy recipes
  2. Shaquille O'Neal lends his expertise in sports and entertainment as strategic advisor to the TMT-focused Forest Road Acquisition I and Forest Road Acquisition II. The first Acquisition took a company which offers in-home fitness and weight-loss products called Beachbody public. Shaq is not new to great investments
  3. Beachbody Company Inc. swung between gains and losses Monday after going public through a special purpose acquisition company, or SPAC. Shares of the Beverly Hills, California-based in-home fitness and weight loss solutions provider opened for trading at $13.15 apiece after the merger with Forest Road Acquisition Corp. closed at $12 a share on.
  4. Jeremy is the Head of FRC's SPAC Investment Team, overseeing the successful execution of a business combination. Previously, Jeremy worked at Advance, the Newhouse family's holding company, on the Strategic Investments & Acquisitions team where he helped deploy over $4 billion in three years across a series of large acquisitions and growth.
  5. Network Marketing Tips. MLM Success Tips. Awesome product
  6. Maxpro announces Shaquille O'Neal as a new investor. 31 May 2021. Maxpro, a Detroit-based start-up specializing in connected fitness equipment, has announced a strategic partnership with the American basketball legend Shaquille O'Neal, who has invested in the company. Maxpro was founded in 2019 by a former athlete, Nezar Akeel
  7. g up with basketball legend Shaquille O'Neal and one of Martin Luther King Jr.'s sons to make acquisitions in the media and technology industries

Beachbody (BODY) Stock Price, Quote & News Stock Analysi

FOX Business' Charlie Gasparino discusses Tesla CEO Elon Musk announcement on Starlink. Beachbody Company Inc. swung between gains and losses Monday after going public through a special purpose acquisition company, or SPAC. Shares of the Beverly Hills, California-based in-home fitness and weight loss solutions provider opened for trading at $13.15 [ Some celebrities, like Shaquille O'Neal, have been involved in more than one SPAC. Shaq was involved first in Forest Road Acquisition Corp., which took Beachbody public. Now, he's a strategic advisor for Forest Road Acquisition Corp. II, which also has involvement from a former Disney executive and Martin Luther King III Tweet with a location. You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications

FRX SPAC MERGER: SHAQ SPAC BEACHBODY IPO with Forest Road

  1. Shaq SPAC Lands Deal For Beachbody, MyX Fitness To Capture Growth Of At-Home, Connected Fitness Market. February 10, 2021. Tickers DIS ESPN FRX. Tags Movers DIS Trading Ideas. From Benzinga. 70 Stocks Moving In Wednesday's Mid-Day Session. February 10, 2021. Tickers ACIC ACST AKAM ANCN
  2. Celebrity association: Shaquille O'Neal serves as a strategic adviser. Other notable people: Former Disney exec and brief TikTok CEO Kevin Mayer, Martin Luther King III. Note: This is the second SPAC Shaq has been part of. The first, Forest Road Acquisition Corp., took Beachbody public earlier this year. Mission Advancement Corp
  3. Shaquille O'Neal's Forest Road Acquisition Corp. recently announced a three-way merger with fitness player BeachBody. Alex Rodriguez has a SPAC calledSlam, and the list goes on to include folks like Larry Kudlow and pop star Ciara
  4. Leading the sports star SPAC take up is Shaquille O'Neal. His role as strategic adviser to the $250m Forest Road Acquisition Corp doesn't sit too well with us, but to give the ex-basketball star credit, he has managed to pull off a three-way merger with MYX Fitness and the Beachbody Company
  5. The Beachbody Company, LLC officers and strategic advisors like Shaquille O'Neal, Peter Schlessel, Keith Horn, Sheila Stamps, Teresa Miles Walsh and Martin Luther King III. (SPAC) asset.
  6. Taking the former NBA star Shaquille O'Neal as an example, Mr. O'Neal, whose first big investment was highly successful—a stake in Google before it went public—currently serves as a strategic adviser for a SPAC that in February announced it would merge with the fitness and nutrition business Beachbody Co. in a deal that values the.

  1. Mr. O'Neal was an adviser on its first SPAC, which last month announced plans to buy Beachbody, a digital fitness company, at a $2.9 billion valuation. He's now an adviser on a second Forest SPAC
  2. Forest Road Acquisition Corp., backed by basketball legend Shaquille O'Neal, recently announced a deal to take the Beachbody fitness brand public, and former baseball star Alex Rodriguez filed paperwork last week to raise up to $575 million for a SPAC called Slam Corp. that will seek out acquisition targets in the 'sports, media.
  3. The Beachbody Company, LLC (The Beachbody Company,), and Forest Road Acquisition Corp. (NYSE: FRX) (Forest Road), a publicly-traded special purpose acquisition corporation, today announced.
  4. Yes, we found Beachbody pretty quickly. It was one of the fastest -- they call it 'de-SPAC' (editor's note: when a SPAC finds and acquires a target) -- one of the fastest in the history of SPACs.
  5. Shaquille O'Neal, former Disney executives, and Martin Luther King Jr.'s son target $250 million SPAC launch Business Insider | October 9, 2020 With 2020 bringing a flood of special-purpose acquisition companies, or SPACs, it can be hard for some to stand out from the rest
  6. Forest Road Acquisition broke into the news earlier this month after announcing plans for a SPAC merger. This has the company preparing to combine with Beachbody and Myx Fitness in a three-way merger

Beachbody goes public through SPA

Forest Road's previous SPAC, Forest Road Acquisition (FRX; +23% from $10 offer price), raised $261 million in November 2020 and is pending an acquisition of The Beachbody Company Celebrity association: Shaquille O'Neal serves as a strategic adviser. Other notable people: Former Disney exec and brief TikTok CEO Kevin Mayer, Martin Luther King III. Note: This is the second SPAC Shaq has been part of. The first, Forest Road Acquisition Corp., took Beachbody public earlier this year. Mission Advancement Corp. Illustration.

News of Kaepernick's SPAC comes as Shaquille O'Neal's Forest Road Acquisition Corp. announced a merger with Beachbody Co. Group in a deal valuing the fitness-and-nutrition business at $3. Beachbody, a subscription-based fitness platform, went public via a $2.9 billion merger with connected cycling provider Myx and a Shaq-advised SPAC in June. In May, O'Neal became an equity partner in Alkaline Water Co. He'll join the board of advisors and get about 7 million shares, or 5-6%, of the company

The Beachbody Company, LLC (The Beachbody Company,), and Forest Road Acquisition Corp. (NYSE: FRX) (Forest Road), a publicly-traded special purpose acquisition corporation, today announced that the two companies will participate in a webinar hosted by SPACInsider on May 12 th, 2021 at 1:00 p.m. ET.. Participating in the webinar will be Carl Daikeler, Co-Founder, Chairman and Chief. Carl Daikeler. Ethan Pines for Forbes. The SPAC craze has minted yet another billionaire in the latest example of blank-check companies leading to new members of the three-comma club. Santa Monica-based Beachbody—the exercise-DVD and weight-loss-shake-hawking multilevel marketing business that's morphed into an online fitness brand—went public on the New York Stock Exchange on Monday in.

Forest Road SPAC With Kevin Mayer, Tom Staggs Buys Digital

The Beachbody Company is the parent company to the Beachbody On Demand platform and the fast-growing DTC platform Openfit, which launched in 2019 and features 400+ live trainer-led group fitness classes per week with real-time feedback The Beachbody Company, LLC (The Beachbody Company,), and Forest Road Acquisition Corp. (NYSE: FRX) (Forest Road), a publicly-traded special purpose acquisition corporation, today announced that the two companies will participate in a webinar hosted by SPACInsider on May 12th, 2021 at 1:00 p.m. ET It seems almost everyone who is anyone is sponsoring or setting up a SPAC, from ex-Trump adviser Gary Cohn to basketball star Shaquille O'Neal to Hong Kong tycoon Richard Li The SPAC Tool contains many useful features: * Dashboard that allows you to quickly drill down into the SPAC of your choice. * Rumors - Merger Targets with DA dates / amount. * Company Profiles - full profiles for over 100 companies, new ones are added daily. * Key Technical and Performance Indicators for SPACS to include: Volume, Market Cap.

About The Beachbody Company Group, LLC Headquartered in Santa Monica, Beachbody is a worldwide leader in health and fitness, with a 22-year track record of creating innovative content and powerful. The SPAC group, which includes three former Walt Disney Company (NYSE:DIS) executives and Shaquille O'Neal, just announced a merger for Beachbody and Myx Fitness with their first SPAC. The. Basketball legend Shaquille O'Neal is a strategic advisor. Martin Luther King III is on the board of directors. The group's first SPAC, Forest Road Acquisition, last week announced a three-way merger agreement with Beachbody Company Group and Myx Fitness Holdings, an at-home connected fitness platform Recently, Forest Road Acquisition, a SPAC led by three former Disney executives and including Shaquille O'Neal as an adviser, struck a deal to merge two at-home fitness brands—Myx Fitness and.

Shares of Beachbody Company (NYSE:BODY) popped more than 10% in early trading Monday after the fitness brand began trading via a SPAC deal.; BODY, whose executives rang the New York Stock Exchange opening bell, began trading 9.6% higher at $13.15 and quickly rose to $13.50 The Beachbody Company, Forest Road Acquisition Corp. and Myx Fitness Enter Three-Way Merger. The Transaction Values the Combined Company at $2.9 Billion and is Expected to Add Over $420 Million of. Latest News about BeachBody. Recent news which mentions BeachBody. Shaq SPAC Lands Deal For Beachbody, MyX Fitness To Capture Growth Of At-Home, Connected Fitness Market. Tickers DIS ESPN FRX. Tags FRX ESPN M&A. From Benzinga. BeachBody CEO discusses journey from '8-Minute Abs' to creating the 'Netflix for fitness'. Tickers FOOD NFLX Forest Road Acquisition Corp. (NYSE:FRX) (Forest Road), The Beachbody Company Group, LLC (Beachbody), and Myx Fitness Holdings, LLC (Myx) today announced that they expect to close their proposed three-way business combination on Friday, June 25, 2021, assuming Forest Road receives stockholder approval at the Special Meeting of Stockholders (the Special Meeting) to be. Member since Jan 2007. 28891 posts. re: Special Purpose Acquisition Company (SPAC) Discussion Posted. by Palm Beach Tiger. on 2/19/21 at 3:11 pm to LSUregit. A few questions on spacs. So far I have been playing the close to nav strategy. Just on a basic robin hood account. But I am interested in buying the units pre split (on fidelity)

The Beachbody Company and Forest Road Acquisition Corp to Participate in SPACInsider Webinar finance.yahoo.com - May 6 at 11:02 AM: Forest Road Acquisition Corp. Cl A wsj.com - March 25 at 9:36 AM: Shaq SPAC 2.0 Coming With 3 Former Disney Executives: What Investors Should Know finance.yahoo.com - February 19 at 2:08 P Shaq SPAC Lands Deal For Beachbody, MyX Fitness To Capture Growth Of At-Home, Connected Fitness Market A SPAC from Shaquille O'Neal and three former Disney executives announced plans to merge Beachbody Company and Myx Fitness to capitalize on the growing demand for at-home and connected fitness. read more The Beachbody Company, LLC (The Beachbody Company,), and Forest Road Acquisition Corp. (NYSE: FRX) (Forest Road), a publicly-traded special purpose acquisition corporation, today announced that the two companies will participate in a webinar hosted by SPACInsider on May 12 th, 2021 at 1:00 p.m. ET. Participating in the webinar will.