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The Beachbody Company (Forest Road Acquisition) Priced, NYSE: BODI

Blank check company formed by Forest Road targeting TMT businesses (completed 6/25/2021).

Industry: SPAC

First Day Return: +2.0%

We are a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. We currently intend to concentrate our efforts on identifying businesses in the technology, media, and telecommunications (“TMT”) space that align with the following macro themes: new audience aggregation platforms transforming the TMT landscape; premium intellectual property (“IP”) driving significant value expansion; consumer behavior fundamentally changing; cutting-edge technologies facilitating new offerings; evolving ecosystem reshaping traditional business models; and companies in need of capital due to idiosyncratic market conditions. We will seek to capitalize on the significant experience, relationships, and contacts of our officers and directors, The Forest Road Company, the managing member of our Sponsor (“Forest Road”), and strategic advisors to complete our initial business combination. We believe that our team’s distinguished and long-term track record of sourcing, acquiring, and building next-generation media and entertainment platforms, along with other investments and operational experience in consumer-facing industries, will provide us with differentiated consumer insights and sourcing opportunities.
IPO Data
IPO Date 11/24/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $261
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 2020
Employees at IPO 4
Website www.forestroadco.com

The Beachbody Company (Forest Road Acquisition) (BODI) Performance

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