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The Beachbody Company Plans $5.30M Registered Direct Offering

Author: Benzinga Newsdesk | December 11, 2023 07:52am

The company has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 543,590 shares of the Company's common stock (or common stock equivalents) at a purchase price of $9.75 per share of common stock (or common stock equivalent) in a registered direct offering.

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