- Xponential Fitness ( NYSE: XPOF ) on Tuesday announced the underwritten public offering of 5 million class A shares by certain existing stockholders, affiliates of Snapdragon Capital Partners and Anthony Geisler.
- Selling stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 750,000 class A shares.
- The company will not receive any proceeds from the sale of the shares being offered by the selling stockholders.
- BofA Securities and Jefferies are acting as joint lead bookrunners for the proposed offering.
For further details see:
Xponential Fitness launches 5M class A shares secondary offering