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InvestorNewsBreaks – Xponential Fitness Inc. (NYSE: XPOF) Closes on $104M Public Offering

Xponential Fitness (NYSE: XPOF), the largest global franchisor of boutique fitness brands, announced that it has closed on an underwritten public offering. The offering consisted of 5,175,000 shares of XPOF Class A common stock made available to certain existing stockholders; the offering also included 675,000 shares based on the full exercise of the over-allotment option granted to the underwriters. According to the announcement, the shares were purchased at a $20 per share public offering price. The announcement also noted that Xponential Fitness did not receive any proceeds from the sale of the shares offered by the selling stockholders. Roth Capital Partners acted as comanager for the offering.

For more information, visit the company’s website www.xponential.com

About Xponential Fitness Inc. 

Xponential Fitness is the largest global franchisor of boutique fitness brands. Through its mission to make boutique fitness accessible to everyone, the company operates a diversified platform of 10 brands spanning across verticals including Pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training and yoga. In partnership with its franchisees, Xponential Fitness offers energetic, accessible and personalized workout experiences led by highly qualified instructors in studio locations across 48 U.S. states and Canada, and through master franchise or international expansion agreements in 10 additional countries. Xponential Fitness’ portfolio of brands includes Club Pilates, the largest Pilates brand in the United States; CycleBar, the largest indoor cycling brand in the United States; StretchLab, a concept offering one-on-one and group stretching services; Row House, the largest franchised indoor rowing brand in the United States; AKT, a dance-based cardio workout combining toning, interval and circuit training; YogaSix, the largest franchised yoga brand in the United States; Pure Barre, a total body workout that uses the ballet barre to perform small isometric movements, and the largest Barre brand in the United States; STRIDE, a treadmill-based cardio and strength training concept; Rumble, a boxing-inspired full-body workout; and BFT, a functional training and strength-based program.

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