Wahlberg-Backed F45 Training Gains Little in Trading Debut

Bloomberg2021-07-16

(Bloomberg) -- F45 Training Holdings Inc., the provider of group fitness classes backed by actor Mark Wahlberg, rose as much as 11% and then lost most of those gains in its trading debut after a $325 ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

wc77
2021-07-16
wc77
like and comment pls
- Sunris3:
  Done
SquareGuy
2021-07-16
SquareGuy
Gym lovers snapping it up? Where Arnold , Frank Zane gym ???
AungLay
2021-07-16
AungLay
Wahlberg-Backed F45 Training Gains Little in Trading Debut
- Chinleong:
  Yes

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1105460782?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-16 15:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1105460782","market":"us","top_or_hot":-1,"title":"Wahlberg-Backed F45 Training Gains Little in Trading Debut","media":"Bloomberg","content":"<div>\n<p>(Bloomberg) -- F45 Training Holdings Inc., the provider of group fitness classes backed by actor Mark Wahlberg, rose as much as 11% and then lost most of those gains in its trading debut after a $325 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/wahlberg-backed-f45-training-trades-170815878.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wahlberg-Backed F45 Training Gains Little in Trading Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWahlberg-Backed F45 Training Gains Little in Trading Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 15:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/wahlberg-backed-f45-training-trades-170815878.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- F45 Training Holdings Inc., the provider of group fitness classes backed by actor Mark Wahlberg, rose as much as 11% and then lost most of those gains in its trading debut after a $325 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/wahlberg-backed-f45-training-trades-170815878.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FXLV","symbol_name":"F45 Training Holdings Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/wahlberg-backed-f45-training-trades-170815878.html","article_id":"1105460782","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1105460782","pubTimestamp":1626418800,"sourceInfo":{"source_id":"lsy1612507957220","name":"finance.yahoo"},"weMediaInfo":null,"summary":"(Bloomberg) -- F45 Training Holdings Inc., the provider of group fitness classes backed by actor Mar","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"FXLV":"F45 Training Holdings Inc."},"translate_title":"沃尔伯格支持的F45训练首次交易收益甚微","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FXLV":0.9},"content_text":"(Bloomberg) -- F45 Training Holdings Inc., the provider of group fitness classes backed by actor Mark Wahlberg, rose as much as 11% and then lost most of those gains in its trading debut after a $325 million initial public offering.\nIn a listing that was delayed by the coronavirus pandemic and then sidetracked by a blank-check merger deal that fell apart, F45 and an investor that includes Wahlberg sold more than 20 million shares for $16 each Wednesday after marketing them for $15 to $17. The shares, which opened Thursday at $17, closed up 1.3% from the offer price to $16.20, giving F45 a market value of $1.46 billion.\nWahlberg invested in F45 through a private investment vehicle called MWIG LLC, which sold almost 1.6 million shares in the IPO. Wahlberg owns about 26% of the membership interest in MWIG, according to F45’s filings.\nF45, whose name is a mash-up of “functional training” and the 45-minute duration of its classes, started in Australia and is now based in Austin, Texas, had filed confidentially for an IPO, Bloomberg News reported in January 2020. Within a few months, it had put those plans on ice as the pandemic forced gyms and similar businesses to close.\nIn June 2020, F45 instead struck a deal to go public by merging with Crescent Acquisition Corp., a special purpose acquisition company, or SPAC. That agreement, which would have valued the combined company at $845 million including debt, was terminated in October.\nAdam Gilchrist, F45’s chief executive officer, said in a joint statement at the time that the “prolonged uncertainty around the pandemic” kept the combination from being completed.\nFor the first three months of 2021, F45 had a net loss of $37 million on revenue of $18 million, compared with a loss of $733,000 on $25 million revenue during the same period last year, according to its filings.\nThe offering was led by Goldman Sachs Group Inc. and JPMorgan Chase & Co. The shares are trading Thursday on the New York Stock Exchange under the symbol FXLV, which incorporates the Roman numeral for 45.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":170631511,"gmtCreate":1626425336533,"gmtModify":1703759931707,"author":{"id":"3576029059404897","authorId":"3576029059404897","authorIdStr":"3576029059404897","name":"wc77","avatar":"https://static.tigerbbs.com/9ece187c7197f1ec611a9df7730f776e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576029059404897"},"htmlText":"like and comment pls&nbsp;","listText":"like and comment pls&nbsp;","text":"like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/170631511","repostId":1105460782,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5239279,"gmtCreate":1626434100797,"gmtModify":1663231060642,"authorId":3581632171272762,"author":{"id":3581632171272762,"authorId":3581632171272762,"name":"Sunris3","avatar":"https://static.tigerbbs.com/b069abdd5543b78374d0994f89a22816","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":170631511,"type":1,"supId":0,"prevId":0,"content":"<u>Done</u>","text":"<u>Done</u>","html":"<u>Done</u>"}],"langContent":"EN"},{"id":170849966,"gmtCreate":1626422751955,"gmtModify":1703759869714,"author":{"id":"3561259559295872","authorId":"3561259559295872","authorIdStr":"3561259559295872","name":"SquareGuy","avatar":"https://static.tigerbbs.com/c4aa86e9311a7ff0643a2e9f93645a8c","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3561259559295872"},"htmlText":"Gym lovers snapping it up? Where Arnold , Frank Zane gym ???","listText":"Gym lovers snapping it up? Where Arnold , Frank Zane gym ???","text":"Gym lovers snapping it up? Where Arnold , Frank Zane gym ???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/170849966","repostId":1105460782,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":170816440,"gmtCreate":1626419117480,"gmtModify":1703759804194,"author":{"id":"3578793168486520","authorId":"3578793168486520","authorIdStr":"3578793168486520","name":"AungLay","avatar":"https://community-static.tradeup.com/news/4bfab5eaa2b2f7fa7753b303605556cd","vip":1,"hat":"https://static.tigerbbs.com/7b75ce0c34afff716602792a5d0929dd","crmLevel":1,"crmLevelSwitch":0,"idStr":"3578793168486520"},"htmlText":"Wahlberg-Backed F45 Training Gains Little in Trading Debut","listText":"Wahlberg-Backed F45 Training Gains Little in Trading Debut","text":"Wahlberg-Backed F45 Training Gains Little in Trading Debut","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/170816440","repostId":1105460782,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5237728,"gmtCreate":1626420351449,"gmtModify":1663231053234,"authorId":3559098973692807,"author":{"id":3559098973692807,"authorId":3559098973692807,"name":"Chinleong","avatar":"https://static.tigerbbs.com/6dbcd389c42e41aa06c692b423858c4c","vip":1,"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":170816440,"type":1,"supId":0,"prevId":0,"content":"Yes","text":"Yes","html":"Yes"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":36,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.1","shortVersion":"4.28.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1105460782"}