Beachbody Company Inc (BODY)

[littlejohn]

$2,900,000,000 divided by $10/share =

290,000,000 shares?...


devil can be in the details...


spacs are designed to enrich

target companies and may not

benefit share owners as much...



some proposed details from following

filing link...

https://www.otcmarkets.com/filing/html?id=14968661&guid=vT5UkerCXqNmLyh


Consideration Received under the Merger Agreement

In consideration for the consummation of the Business Combination and as a result of the Mergers, among other things, all outstanding equity interests of Beachbody and Myx will be cancelled in exchange for the right to receive, in the aggregate, a number of shares of common stock (or, in the case of outstanding Beachbody options, options to purchase shares of common stock) in the Company that is approximately equal to the quotient obtained by dividing (x) $2,900,000,000 by (y) $10.00, provided, however, that (1) certain Beachbody equityholders will receive common stock in the Company with similar rights as those being issued to all other recipients of merger consideration, except that such common stock will carry 10 votes per share; (2) certain Myx equityholders will be entitled to receive, in lieu of their pro rata portion (based on their percentage ownership interests in Myx) of such shares, an amount in cash equal to the value of such shares, up to an aggregate amount of cash among all such equityholders not to exceed the result of $37.7 million minus certain payments to be made by Forest Road on behalf of Myx as setforth in the Merger Agreement; and (3) the foregoing consideration is subject to adjustment (x) in the case of the Beachbody equity interests, based on the transaction expenses of Beachbody and Forest Road, and (y) in the case of each of the Beachbody equity interests and the Myx equity interests, based on the date on which the Closing occurs (the “Closing Date”) and the related number of Myx units issuable to Beachbody, LLC, a Delaware limited liability company (“BB”) and wholly-owned subsidiary of Beachbody, upon conversion of instruments between Myx and BB, dated December 7, 2020, as amended pursuant to the first amendment thereto, dated as of February 9, 2021 and March 4, 2021, pursuant to which BB

17

Table of Contents
funded Myx with an aggregate of $15 million subject to certain terms and conditions, including (but not limited to) the right to convert, upon certain conditions, certain of BB’s rights under such instruments into equity interests of My



Company requested share owners to

increase authorized share amount

before completing proposed deal...


every tech device has a calculator

so you can check the math...

[80857]

Fitness training

[jsc52033]

thanks what does Beachbody & Nyc do where are they located any earning figures

[W8tn4Bigwinner]

They are merging with beachbody and Nyc fitness holdings.

[jsc52033]

what are you buying? They don't have a target signed on. The SEC is investingating SPACs
beginning to look like the SPAC game is on its last leg jmo

[W8tn4Bigwinner]

*price

[W8tn4Bigwinner]

Can't believe they process on this is so low for what your buying. Imo

[usgirls]

loading warrants > bigtime > these prices are awesome

[Pennymonsters]

I wonder if today’s price $11.20 is an entry point or will it tank?

[arn182]

Nothing but ambulance chasers happens quit frequently.

[ClayTrader]

* * $FRX Video Chart 02-22-2021 * *

Link to Video - click here to watch the technical chart video

[MonitoringStocks]

beach body fitness

[ClayTrader]

* * $FRX Video Chart 02-19-2021 * *

Link to Video - click here to watch the technical chart video

[imrichbeotch]

Nice price action today

[Pennymonsters]

In my opinion the last price per share $14 is overvalued.
An entry at this price isn’t where I would want to be.
This is just my opinion after reading what the analysts have said.
JMO Good Luck

[Pennymonsters]

Yea but what’s up with the investigations by law firms!
They have shareholder alerts... not sure that’s a good thing.
The merger hasn’t been approved either.
Things that make me go hmmm.


https://finance.yahoo.com/news/shareholder-alert-monteverde-associates-pc-020000371.html?.tsrc=rss

[TheFinalCD]

any news?

$FRX

[otcmoneydoubler]

FRX, FRX/WS RUN OF A LIFETIME TO COMPETE WITH PELOTON. LET THE BATTLES BEGIN

[Pennymonsters]

Taking a look at this... Hmmmmm

[TallTrader]

Investor Presentation...

https://static1.squarespace.com/static/5f75fdc89cf35e7524ec4b54/t/6023489bfbdbb45eab5170f9/1612925093933/Beachbody+PIPE+Presentation+vDIST.pdf

[TallTrader]

The Beachbody Company, a Leader in Digital Fitness Streaming and Nutrition Solutions, to Become Publicly Traded Company

https://www.businesswire.com/news/home/20210210005414/en/The-Beachbody-Company-a-Leader-in-Digital-Fitness-Streaming-and-Nutrition-Solutions-to-Become-Publicly-Traded-Company#.YCPKG11kzzQ.twitter