AMENDMENT NO. 4 TO SCHEDULE 13D
The following constitutes Amendment No. 4 (Amendment No. 4) to the Schedule 13D filed with the Securities and Exchange Commission
(SEC) by Kennedy Lewis Management LP (the Adviser), KLM GP LLC (KLM), Kennedy Lewis Investment Management LLC (Kennedy Lewis Investment Management), Kennedy Lewis Investment Holdings LLC
(Holdings I), Kennedy Lewis Investment Holdings II LLC (Holdings II), Kennedy Lewis Capital Partners Master Fund LP (Master Fund I), Kennedy Lewis GP LLC (Fund I GP), Kennedy Lewis Capital Partners
Master Fund II LP (Master Fund II), Kennedy Lewis GP II LLC (Fund II GP), Kennedy Lewis Capital Partners Master Fund III LP (Master Fund III), Kennedy Lewis GP III LLC (Fund III GP), Darren Richman and
David Chene (collectively, the Reporting Persons) on August 31, 2022, as amended by Amendment No. 1 filed on September 30, 2022, Amendment No. 2 filed on October 18, 2022, and Amendment No. 3 filed on
February 15, 2023. This Amendment No. 4 amends and supplements the Schedule 13D as specifically set forth herein.
All capitalized terms
contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Schedule 13D, as amended. Information given in response to each item shall be deemed incorporated by reference in all other items, as applicable.
ITEM 4. |
PURPOSE OF TRANSACTION |
Item 4 of this Schedule 13D is supplemented and superseded, as the case may be, as follows:
On May 22, 2023, the Board of Directors (the Board) of F45 Training Holdings Inc. (the Issuer) elected Anthony Pasqua, the Chief
Operating Officer of the Adviser, to serve as a director on the Board. Mr. Pasqua will serve as a Class II Director until the Issuers 2023 Annual Meeting of Stockholders and until his successor is duly elected and
qualified.
Amendment to Letter Agreement
On April 14, 2023, the Issuer, Master Fund II and Master Fund III entered into an amendment to the Letter Agreement (the Amendment to the Letter
Agreement) extending the amount of time for the Issuer to identify a CFO candidate to no later than 150 days following the effective date of the New Credit Agreement; provided, that if the Issuer is using commercially reasonable efforts to
identify a CFO candidate, then such 150-day period shall be automatically extended by a single additional 15 days upon notice from the Issuer to Master Fund II and Master Fund III.
The foregoing description of the Amendment to the Letter Agreement does not purport to be complete and is qualified in its entirety by reference to the full
text of the Amendment to the Letter Agreement, which is incorporated by reference as Exhibit 99.1 and is incorporated herein by reference.
ITEM 6. |
CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER
|
Item 6 of this Schedule 13D is supplemented and superseded, as the case may be, as follows:
The disclosure in Item 4 is incorporated herein by reference.
The Amendment to the Letter Agreement is incorporated by reference as Exhibit 99.1 and is incorporated herein by reference.