Xponential Health, Inc. Publicizes Pricing of $120 Million Preliminary Public Providing | Enterprise

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IRVINE, Calif .– (BUSINESS WIRE) – Dec. July 2021–

Xponential Fitness, Inc., a curator of leading boutique fitness brands, today announced the pricing of its initial public offering (“IPO”) of 10,000,000 shares of its Class A common stock at a public offering price of $ 12.00 per share. The shares are expected to be traded on July 23, 2021 under the symbol “XPOF” on the New York Stock Exchange. The offer is expected to end on July 27, 2021, subject to customary closing conditions.

In addition, Xponential Fitness has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 Class A common shares at the market price minus the issue discount.

BofA Securities, Jefferies and Morgan Stanley are acting as joint lead bookrunners for the offering. Guggenheim Securities, Citigroup and Piper Sandler are serving as bookrunners for the offering. Baird and Raymond James are serving as co-managers for the offering.

These securities are offered exclusively by means of a prospectus. A copy of the prospectus, if available, is available from: BofA Securities, Inc., Attn: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255, email: dg. prospectus_requests@bofa.com; Jefferies LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, phone: (877) 821-7388, email: Prospectus_Department@Jefferies.com; or Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014.

A registration statement relating to these securities has been filed with and has been declared effective by the Securities and Exchange Commission. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will any sale of such securities be made in any state or jurisdiction in which such offer, solicitation or sale prior to registration would or would be unlawful or unlawful un qualification under the securities laws of such state or jurisdiction.

About Xponential Fitness, Inc.

Founded in 2017 and headquartered in Irvine, California, Xponential Fitness, Inc. is the curator of leading boutique fitness brands in multiple industries. Through its mission to make boutique fitness accessible to everyone, the company has built and curated a diversified platform of nine boutique fitness brands that span all industries including Pilates, Indoor Cycling, Barre, Stretching, Rowing, Dancing, boxing, running and yoga. In collaboration with its franchisees, starting June 30, 2021, Xponential Fitness offers energetic, accessible and personalized training experiences led by highly qualified trainers at studio locations in 48 states and 10 other countries. Xponential Fitness’ portfolio of brands includes Club Pilates, the largest Pilates brand in the country; CycleBar, the country’s largest indoor cycling brand; StretchLab, a concept that offers individual and group stretch services; Row House, a high-energy, gentle indoor rowing workout; AKT, a dance-based cardio workout that combines muscle building, interval and circuit training; YogaSix, the largest yoga franchise brand; Pure Barre, a full-body workout that uses the ballet bar to perform small isometric movements; STRIDE, a treadmill-based cardio and strength training concept; and Rumble, a boxing-inspired full-body workout.

Forward-Looking Statements

This press release contains statements that may constitute “forward-looking” statements, which typically include the words “believe,” “estimate,” “project,” “expect,” or similar expressions. These forward-looking statements contain references, without limitation, to Xponential Fitness’s expectations regarding the listing on the New York Stock Exchange and the completion, timing and size of the public offering. By their very nature, forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, risks and uncertainties in connection with the completion of the public offer and the satisfaction of customary closing conditions in connection with the public offer. With these forward-looking statements, Xponential Fitness assumes no obligation to update these statements for revision or change after the date of this publication.

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CONTACT: Xponential Fitness, Inc .: Kate Doyle-Kwon

Vice President for Communication & Franchise Marketing

(949) 346-3000 Investor Relations: Kimberly Esterkin

Addo Investor Relations

investor@xponential.com

(310) 829-5400 Public Relations: Chloe Clifford

Sard Verbinnen & Co.

media@xponential.com

(310) 201-2040

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: SPORTS GENERAL HEALTH OUTDOOR OTHER RETAIL LICENSING (SPORT) CONSUMERS OTHER SPORTS RETAIL OTHER CONSUMERS CYCLING / CYCLING HEALTH RUNNING

SOURCE: Xponential Fitness, Inc.

Copyright Business Wire 2021.

PUB: 7/22/2021 9:33 p.m. / DISC: 7/22/2021 9:33 p.m.

http://www.businesswire.com/news/home/20210722006076/en