He s a former rugby league star who has made the successful transition to TV personality. And he s a doting dad to boot, with this masked man matching his little boy s Spider-Man costume on Thursday.
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F45 Training share price (NYSE:FXLV) debuts in wild US IPO
F45 shares have just hit the public markets…
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How F45 grew from one Sydney gym to a $2 billion global franchise listed on the NYSE
Source: F45 Training on Instagram
After a rocky road to public trading, Aussie-born fitness empire F45 has finally listed, closing its first day trading on the New York Stock Exchange with a valuation of almost $2 billion.
The IPO raised $325 million for the business, and the share price saw a modest increase of 1.3% on its first day of trading from US$16 ($21.54) to US$17.20 ($23.16) giving F45 a market cap of US$1.46 billion ($1.95 billion).
The listing follows a tumultuous year for F45. It comes just over 12 months after it announced it was listing on the NASDAQ through a merger with special purpose acquisition company, or SPAC, Crescent Acquisition Corporation.
F45 bulks up with protein, supplements buy
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Training company F45 has pounced on family-owned Australian nutritional supplements group True Protein.
Street Talk understands F45 has agreed on a deal to acquire True Protein from its founders and shareholders, which are all members of the Keirath family on Sydneyâs northern beaches.
F45âs expected to take control of the group and seek to boost its sales via existing distribution channels and its own network of 1700-odd fitness studios globally.
True Protein sells into Australia, New Zealand, Singapore, Hong Kong, Canada and the United States.Â
AFR
True Protein sells protein powders, snack bars, amino acid supplements and the like, as well as apparel and accessories via an online store and retail channels.