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Xponential Fitness Prices Equity Offering By Affiliates Of Its CEO & Other Shareholders At 12% Discount

Xponential Fitness Prices Equity Offering By Affiliates Of Its CEO & Other Shareholders At 12% Discount

Xponential Fitness以12％的折扣为其首席执行官和其他股东的关联公司发行的股权定价
Benzinga Real-time News ·  2023/02/08 04:41
  • Xponential Fitness Inc (NYSE:XPOF) has priced the underwritten public offering of 5 million shares by certain of its existing stockholders, affiliates of Snapdragon Capital Partners and Anthony Geisler, at $24.50 per share.
  • Anthony Geisler is the company's founder and has served as its CEO and on board of directors since 2017.
  • The offer price represents a 12% discount to Xponential's closing price on Feb. 7.
  • In connection with the offering, certain of the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 0.75 million shares at the public offering price.
  • The offering is expected to close on Feb. 10, 2023. The company will not receive any proceeds from the offering.
  • BofA Securities and Jefferies are acting as the joint book-running managers and underwriters for the Offering, and Morgan Stanley is also acting as a joint book-running manager.
  • Price Action: XPOF shares closed lower by 10.2% at $25.00 during after-hours trading on Tuesday.
  • Xponential健身公司(纽约证券交易所代码：XPOF)已将其某些现有股东、Snapgon Capital Partners和Anthony Geisler的附属公司承销的500万股票公开发行定价为每股24.50美元。
  • 安东尼·盖斯勒是该公司的创始人，自2017年以来一直担任首席执行官和董事会成员。
  • 收购价较Xponential 2月7日收盘价有12%的折让。
  • 关于此次发行，某些出售股票的股东已经授予承销商30天的选择权，可以按公开发行价额外购买至多75万股股票。
  • 此次发行预计将于2023年2月10日完成。该公司将不会从此次发行中获得任何收益。
  • 美银证券和杰富瑞将担任此次发行的联合簿记管理人和承销商，摩根士丹利也将担任联合簿记管理人。
  • 价格行动：XPOF股价周二盘后收跌10.2%，至25.00美元。
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