Press release
Investors in The Beachbody Company, Inc. . f.k.a. Forest Road Acquisition Corp. (NYSE: BODY, formerly NYSE: FRX) should contact the Shareholders Foundation
An investigation was announced for current long-term investors in shares of The Beachbody Company, Inc. . f.k.a. Forest Road Acquisition Corp. (NYSE: BODY, formerly NYSE: FRX) over potential breaches of fiduciary duties by certain directors at The Beachbody Company, Inc. . f.k.a. Forest Road Acquisition Corp.
Investors who purchased shares of The Beachbody Company, Inc. . f.k.a. Forest Road Acquisition Corp. (NYSE: BODY, formerly NYSE: FRX) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of The Beachbody Company, Inc. . f.k.a. Forest Road Acquisition Corp. (NYSE: BODY, formerly NYSE: FRX)) concerning whether a series of statements by The Beachbody Company, Inc. f.k.a. Forest Road Acquisition Corp regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Forest Road Acquisition Corp was a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
On November 30, 2020, Forest Road Acquisition Corp. announced the closing of its upsized initial public offering of 30,000,000 units at a price to the public of $10.00 per unit.
On January 13, 2021, Forest Road Acquisition Corp. announced that, commencing January 15, 2021, holders of the 30,000,000 units sold in the Company's initial public offering may elect to separately trade shares of the Company's Class A common stock and warrants included in the units
On February 10, 2021, the Beachbody Company Group, LLC announced its intention to become a public company by entering into a three-way merger agreement with Forest Road Acquisition Corp. (NYSE: FRX) and Myx Fitness Holdings, LLC, an at-home connected fitness platform featuring an industry leading bike and home studio.
On June 28, 2021, The Beachbody Company Group, LLC announced the three-way business combination with Myx Fitness Holdings, LLC and Forest Road Acquisition Corp. (was completed on June 25, 2021. The combined company was named The Beachbody Company, Inc. and its shares of Class A common stock and warrants were expected to start trading on the New York Stock Exchange ("NYSE"), June 28, 2021, under the ticker symbols "BODY" and "BODY WS," respectively.
Shares of The Beachbody Company, Inc. (NYSE: BODY) declined to as low as $1.5050 per share on January 24, 2022.
Those who purchased shares of The Beachbody Company, Inc. (NYSE: BODY) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
Investors who purchased shares of The Beachbody Company, Inc. . f.k.a. Forest Road Acquisition Corp. (NYSE: BODY, formerly NYSE: FRX) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of The Beachbody Company, Inc. . f.k.a. Forest Road Acquisition Corp. (NYSE: BODY, formerly NYSE: FRX)) concerning whether a series of statements by The Beachbody Company, Inc. f.k.a. Forest Road Acquisition Corp regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Forest Road Acquisition Corp was a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
On November 30, 2020, Forest Road Acquisition Corp. announced the closing of its upsized initial public offering of 30,000,000 units at a price to the public of $10.00 per unit.
On January 13, 2021, Forest Road Acquisition Corp. announced that, commencing January 15, 2021, holders of the 30,000,000 units sold in the Company's initial public offering may elect to separately trade shares of the Company's Class A common stock and warrants included in the units
On February 10, 2021, the Beachbody Company Group, LLC announced its intention to become a public company by entering into a three-way merger agreement with Forest Road Acquisition Corp. (NYSE: FRX) and Myx Fitness Holdings, LLC, an at-home connected fitness platform featuring an industry leading bike and home studio.
On June 28, 2021, The Beachbody Company Group, LLC announced the three-way business combination with Myx Fitness Holdings, LLC and Forest Road Acquisition Corp. (was completed on June 25, 2021. The combined company was named The Beachbody Company, Inc. and its shares of Class A common stock and warrants were expected to start trading on the New York Stock Exchange ("NYSE"), June 28, 2021, under the ticker symbols "BODY" and "BODY WS," respectively.
Shares of The Beachbody Company, Inc. (NYSE: BODY) declined to as low as $1.5050 per share on January 24, 2022.
Those who purchased shares of The Beachbody Company, Inc. (NYSE: BODY) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
