DA Davidson initiated coverage on Forest Road Acquisition with a new price target
$FRX
DA Davidson initiated coverage of Forest Road Acquisition with a rating of Buy and set a new price target of $14.50
Save time and jump to the most important pieces.
The Beachbody Company Group, LLC ("Beachbody") today announced the three-way business combination with Myx Fitness Holdings, LLC ("Myx") and Forest Road Acquisition Corp. (NYSE:FRX) ("Forest Road") was completed on June 25, 2021, creating the leading subscription health and wellness company for the mass market. The combined company is named The Beachbody Company, Inc. (the "Company") and its shares of Class A common stock and warrants are expected to start trading on the New York Stock Exchange ("NYSE") today, June 28, 2021, under the new ticker symbols "BODY" and "BODY WS," respectively. "This marks an important milestone in Beachbody's mission to help more people achieve their goals and
Forest Road Acquisition Corp. (NYSE:FRX) ("Forest Road") today announced that its stockholders have voted to approve the proposed three-way business combination (the "Business Combination") with The Beachbody Company Group, LLC ("Beachbody") and Myx Fitness Holdings, LLC ("Myx") at its special meeting of stockholders (the "Special Meeting") held today, June 24, 2021. The Business Combination is expected to close on June 25, 2021. Holders of approximately 58.5% of Forest Road's issued and outstanding shares cast votes at the Special Meeting. Approximately 99.5% of the votes cast at the Special Meeting voted to approve the Business Combination. As previously announced, the combined company
The proposed business combination is expected to close on Friday, June 25, 2021, assuming Forest Road receives stockholder approval at the Special Meeting of Stockholders to be held on June 24, 2021 Following closing, the combined company's stock and warrants are expected to trade on the New York Stock Exchange under the ticker symbols "BODY" and "BODY WS", respectively, starting on Monday, June 28, 2021 Forest Road Acquisition Corp. (NYSE:FRX) ("Forest Road"), The Beachbody Company Group, LLC ("Beachbody"), and Myx Fitness Holdings, LLC ("Myx") today announced that they expect to close their proposed three-way business combination on Friday, June 25, 2021, assuming Forest Road receive
8-K - Beachbody Company, Inc. (0001826889) (Filer)
8-K - Forest Road Acquisition Corp. (0001826889) (Filer)
25-NSE - Forest Road Acquisition Corp. (0001826889) (Subject)
4 - Forest Road Acquisition Corp. (0001826889) (Issuer)
4 - Forest Road Acquisition Corp. (0001826889) (Issuer)
4 - Forest Road Acquisition Corp. (0001826889) (Issuer)
SC 13D - Beachbody Company, Inc. (0001826889) (Subject)
SC 13D - Beachbody Company, Inc. (0001826889) (Subject)
SC 13D - Beachbody Company, Inc. (0001826889) (Subject)
DA Davidson initiated coverage of Forest Road Acquisition with a rating of Buy and set a new price target of $14.50
Loop Capital initiated coverage of Forest Road Acquisition with a rating of Hold and set a new price target of $11.00
Forest Road Acquisition Corp. (NYSE:FRX) ("Forest Road"), today announced that the U.S. Securities and Exchange Commission ("SEC") has declared effective its Registration Statement on Form S-4 (as amended, the "Registration Statement"), which includes a definitive proxy statement/prospectus in connection with Forest Road's special meeting of stockholders (the "Special Meeting"). At the Special Meeting stockholders of Forest Road will consider the previously announced proposed business combination with The Beachbody Company Group, LLC ("Beachbody"), a leader in subscription health and wellness that offers comprehensive digital streaming fitness and nutrition solutions, and Myx Fitness Holdin