Xponential Fitness, Inc. Announces Pricing of Secondary Offering of Class A Common Stock by Selling Stockholders

IRVINE, Calif.–(Small business WIRE)–Xponential Fitness, Inc. (NYSE: XPOF) (the “Company” or “Xponential Fitness”), the most significant international franchisor of boutique health makes, today declared the pricing of an underwritten general public providing of 4,500,000 shares of the Company’s Class A widespread inventory (the “Offering”) by selected of the Company’s current stockholders, affiliates of Snapdragon Funds Companions (the “Selling Stockholders”), at a general public featuring price tag of $20.00 per share. In addition, the Promoting Stockholders have granted the underwriters a 30-working day selection to acquire up to an more 675,000 shares of the Company’s Course A frequent stock to be sold by the Providing Stockholders at the public supplying price, less the underwriting price reduction. The giving is anticipated to shut on April 11, 2022, issue to customary closing circumstances. The Firm will not acquire any proceeds from the sale of the shares getting offered by the Providing Stockholders.

BofA Securities and Jefferies are performing as the joint e book-managing administrators and underwriters for the proposed Presenting and Morgan Stanley is also acting as a joint reserve-functioning manager. Guggenheim Securities, Piper Sandler, Baird and Raymond James are acting as bookrunners for the proposed Supplying. Roth Cash Partners and R. Seelaus & Co., LLC are performing as co-professionals for the proposed Supplying.

The Giving is remaining built only by indicates of a prospectus. Copies of the prospectus, when readily available, might be received from: BofA Securities, Attn: Prospectus Section, NC1-004-03-43, 200 North College Avenue, 3rd Ground, Charlotte, NC 28255, electronic mail: [email protected] or Jefferies LLC, Attn: Equity Syndicate Prospectus Office, 520 Madison Avenue, New York, NY 10022, telephone: (877) 821-7388, email: [email protected].

A registration assertion relating to these securities has been submitted with the U.S. Securities and Exchange Commission and has been declared helpful. This press launch shall not represent an provide to sell or the solicitation of an give to purchase any securities, nor shall there be any sale of these securities in any condition or jurisdiction in which this sort of give, solicitation or sale would be unlawful prior to registration or qualification beneath the securities legislation of any these state or jurisdiction.

About Xponential Exercise, Inc.

Xponential Health and fitness, Inc. (NYSE: XPOF) is the biggest world franchisor of boutique health manufacturers. As a result of its mission to make boutique physical fitness obtainable to all people, the Enterprise operates a diversified system of ten models spanning throughout verticals including Pilates, indoor biking, barre, stretching, rowing, dancing, boxing, operating, practical instruction and yoga. In partnership with its franchisees, Xponential Physical fitness presents energetic, obtainable, and customized training ordeals led by really qualified instructors in studio spots across 48 U.S. states and Canada, and by grasp franchise or worldwide expansion agreements in 10 supplemental nations around the world. Xponential Fitness’ portfolio of brands includes Club Pilates, the premier Pilates brand name in the United States CycleBar, the biggest indoor biking brand in the United States StretchLab, a concept supplying just one-on-one particular and group stretching providers Row Dwelling, the greatest franchised indoor rowing model in the United States AKT, a dance-primarily based cardio training combining toning, interval and circuit education YogaSix, the most significant franchised yoga manufacturer in the United States Pure Barre, a whole human body work out that works by using the ballet barre to perform little isometric actions, and the most significant Barre brand in the United States STRIDE, a treadmill-primarily based cardio and power instruction strategy Rumble, a boxing-inspired whole-system exercise session and BFT, a purposeful training and strength-centered method.

Forward-On the lookout Statements

This press release involves statements that may constitute “forward-looking” statements, ordinarily made up of the text “believe,” “estimate,” “project,” “expect” or equivalent expressions. These ahead-wanting statements include things like, without the need of limitation, references to the completion, timing and dimension of the community presenting. Forward-searching statements inherently require hazards and uncertainties that could induce precise effects to differ materially from the ahead-hunting statements. Elements that would induce or lead to this kind of discrepancies involve, but are not constrained to, challenges and uncertainties linked to the pleasure of customary closing circumstances similar to the public offering. Applicable dangers also include things like all those discovered beneath the heading “Risk Factors” in our Yearly Report on Kind 10-K for the 12 months ended December 31, 2021 or underneath the heading “Risk Factors” included in the preliminary prospectus and in any subsequent filings with the SEC. Supplemental data will be made accessible by our yearly and quarterly experiences and other filings that we make from time to time with the SEC. These forward-hunting statements talk only as of the date of this push release. Factors or occasions that could bring about our genuine results to vary may arise from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update any forward-hunting statement, irrespective of whether as a consequence of new details, future developments or usually, besides as may well be expected by relevant legislation.

Contacts

Kimberly Esterkin

Addo Trader Relations

[email protected]
(310) 829-5400