Beachbody Company, Inc. false 0001826889 0001826889 2025-02-19 2025-02-19

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 19, 2025

 

 

The Beachbody Company, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

 

Delaware   001-39735   85-3222090
(State or Other Jurisdiction
of Incorporation)		   (Commission
File Number)		   (IRS Employer
Identification No.)

 

400 Continental Blvd

Suite 400

  
El Segundo, California   90245
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s Telephone Number, Including Area Code: (310) 883-9000

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading
Symbol(s)

  

Name of each exchange
on which registered

Class A Common Stock, par value $0.0001 per share   BODI   The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 5.02.  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 19, 2025, the Compensation Committee of the Board of Directors of The Beachbody Company, Inc. (the “Company”) approved an annual base salary for Mark Goldston, the Company’s Executive Chairman to reflect the mutually agreed expansion of Mr. Goldston’s role and contribution to the Company. Effective as of March 1, 2025, Mr. Goldston’s annual base salary will be $500,000. In addition, Mr. Goldston’s annual base salary will be increased to $700,000, effective as of the date on which the Company pays in full the Blue Torch term loan.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

      The Beachbody Company, Inc.
Date: February 21, 2025     By:  

/s/ Jonathan Gelfand

     

Jonathan Gelfand

Executive Vice President, Business & Legal Affairs,

Corporate Secretary

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Document and Entity Information
Feb. 19, 2025
Cover [Abstract]  
Entity Registrant Name Beachbody Company, Inc.
Amendment Flag false
Entity Central Index Key 0001826889
Document Type 8-K
Document Period End Date Feb. 19, 2025
Entity Incorporation State Country Code DE
Entity File Number 001-39735
Entity Tax Identification Number 85-3222090
Entity Address, Address Line One 400 Continental Blvd
Entity Address, Address Line Two Suite 400
Entity Address, City or Town El Segundo
Entity Address, State or Province CA
Entity Address, Postal Zip Code 90245
City Area Code (310)
Local Phone Number 883-9000
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Security 12b Title Class A Common Stock, par value $0.0001 per share
Trading Symbol BODI
Security Exchange Name NYSE
Entity Emerging Growth Company false
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