2 weeks Ago By Defense World Staff
Xponential Fitness, Inc. revealed in an 8-K filing submitted to the Securities and Exchange Commission on November 21, 2024, that entities associated with Mark Grabowski, the company’s Chairman of the Board of Directors, have sold 2,595,598 shares of the company’s Class A common stock. Despite the sale, Mr.
Grabowski still holds a beneficial ownership stake of 24% in the company’s Common Stock. The disclosure was made through a Form 144 filing. The information within this filing pertains to Regulation FD Disclosure, as outlined in Item 7.
01 of the report. It was emphasized that the information shared in this section, along with the accompanying Exhibit 99.1, is not to be considered “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, and will not incur liabilities under that section.
Furthermore, this information is not to be incorporated by reference in any of the company’s future filings under the Securities Act of 1933 or the Exchange Act, except as specifically referenced in such filings. This disclosure sheds light on recent changes in share ownership within Xponential Fitness, Inc., with further implications for the company’s corporate structure and potentially on the market perception of the fitness corporation.
The transaction reflects a significant movement in ownership and warrants attention from investors and stakeholders monitoring developments within the company. This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Xponential Fitness’s 8K filing here .
Xponential Fitness Company Profile ( Get Free Report ) Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in North America. It offers pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training, and yoga services under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands. Read More Five stocks we like better than Xponential Fitness Why Are These Companies Considered Blue Chips? Why Palo Alto Networks’ Multi-Year Uptrend Is Far From Over Uptrend Stocks Explained: Learn How to Trade Using Uptrends 3 Rock-Solid Buying Opportunities in the Market Right Now Investing in the High PE Growth Stocks TJX Companies Stock Poised to Hit a New High This Year.
