Form 8-K - Current report
October 27 2023 - 5:13PM
Edgar (US Regulatory)
Beachbody Company, Inc. false 0001826889 0001826889 2023-10-27 2023-10-27 0001826889 body:ClassACommonStockParValue0.0001PerShare2Member 2023-10-27 2023-10-27 0001826889 body:RedeemableWarrantsEachWholeWarrantExercisableForOneClassACommonStockAtAnExercisePriceOf11.501Member 2023-10-27 2023-10-27
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 27, 2023
The Beachbody Company, Inc.
(Exact name of Registrant as Specified in Its Charter)
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Delaware |
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001-39735 |
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85-3222090 |
(State or Other Jurisdiction of Incorporation) |
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(Commission File Number) |
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(IRS Employer Identification No.) |
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400 Continental Blvd Suite 400 |
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El Segundo, California |
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90245 |
(Address of Principal Executive Offices) |
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(Zip Code) |
Registrant’s Telephone Number, Including Area Code: (310) 883-9000
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class |
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Trading Symbol(s) |
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Name of each exchange on which registered |
Class A Common Stock, par value $0.0001 per share |
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BODY |
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The New York Stock Exchange |
Redeemable warrants, each whole warrant exercisable for one Class A common stock at an exercise price of $11.50 |
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BODY WS |
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The New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 3.01. |
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. |
On October 27, 2023, the New York Stock Exchange (the “NYSE”) notified The Beachbody Company, Inc. (the “Company”), and publicly announced, that the NYSE has determined to (a) commence proceedings to delist the Company’s redeemable warrants, each whole warrant exercisable for one share of the Company’s Class A common stock, par value $0.0001 per share (“Class A Common Stock”), at an exercise price of $11.50 per share, and listed to trade on the NYSE under the symbol “BODY WS” (the “Warrants”) and (b) immediately suspend trading in the Warrants due to “abnormally low” price levels pursuant to Section 802.01D of the NYSE Listed Company Manual. To effect the delisting, the NYSE will apply to the Securities and Exchange Commission to delist the Warrants upon completion of all applicable procedures.
Trading in the Company’s Class A Common Stock will be unaffected and will continue on the NYSE under the symbol “BODY.”
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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The Beachbody Company, Inc. |
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Date: October 27, 2023 |
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By: |
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/s/ Kush Desai |
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Kush Desai EVP, Deputy General Counsel and Assistant Corporate Secretary |
v3.23.3
Document and Entity Information
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Oct. 27, 2023 |
Document And Entity Information [Line Items] |
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Entity Registrant Name |
Beachbody Company, Inc.
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Amendment Flag |
false
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Entity Central Index Key |
0001826889
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Document Type |
8-K
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Document Period End Date |
Oct. 27, 2023
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Entity Incorporation State Country Code |
DE
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Entity File Number |
001-39735
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Entity Tax Identification Number |
85-3222090
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Entity Address, Address Line One |
400 Continental Blvd
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Entity Address, Address Line Two |
Suite 400
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Entity Address, City or Town |
El Segundo
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Entity Address, State or Province |
CA
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Entity Address, Postal Zip Code |
90245
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City Area Code |
(310)
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Local Phone Number |
883-9000
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Entity Emerging Growth Company |
false
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Class A Common Stock Par Value 0.0001 Per Share 2 [Member] |
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Document And Entity Information [Line Items] |
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Security 12b Title |
Class A Common Stock, par value $0.0001 per share
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Trading Symbol |
BODY
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Security Exchange Name |
NYSE
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Redeemable Warrants Each Whole Warrant Exercisable For One Class A Common Stock At An Exercise Price Of 11.501 [Member] |
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Document And Entity Information [Line Items] |
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Security 12b Title |
Redeemable warrants, each whole warrant exercisable for one Class A common stock at an exercise price of $11.50
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Trading Symbol |
BODY WS
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Security Exchange Name |
NYSE
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