Beachbody Company (BODI) has shared an update.
Beachbody, LLC, a subsidiary of The Beachbody Company, Inc., recently revised its financial arrangements by amending its existing Financing Agreement with lenders and Blue Torch Finance, LLC. This included consenting to an asset sale. Additionally, the company announced a successful sale and leaseback transaction of its Van Nuys production facility for about $6.2 million, followed by a lease agreement with extension options, signaling strategic financial moves in the face of current market conditions.
For an in-depth examination of BODI stock, go to TipRanks’ Stock Analysis page.
