IPOF - Gym owner Equinox is said in talks to go public through a Social Capital SPAC
Gym owner Equinox Holdings is in talks to go public through investor Chamath Palihapitiya's Social Capital Hedosophia Holdings Corp. VI (IPOF) SPAC.A transaction could value the combined company at more than $7.5B, according to a Bloomberg report. The talks between the SPAC and Equinox, which also operates SoulClycle (SOULC) and Blink Fitness, aren't finalized and could still fall apart.Sportico reported in late March that SoulCycle and Equinox were reportedly in talks to go public through through a SPAC. Equinox was reportedly having meetings with at as many as 12 blank-check operators and is considering a listing that would give the company a valuation of $9b or more.Spinning studio SoulCycle originally filed for an IPO in 2015.
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Gym owner Equinox is said in talks to go public through a Social Capital SPAC