Xponential Files for IPO After Adding Studios During Pandemic
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Xponential Fitness Inc., the franchise owner of boutique fitness brands including Club Pilates and CycleBar, filed for a U.S. initial public offering after delaying its listing plans when the coronavirus pandemic hit last year.
The Irvine, California-based company listed the size of its offering as $100 million, a placeholder that will change when terms are set. In April as it was reviving its plans to go public, Xponential was planning to seek to be valued at about $1.3 billion, Bloomberg News reported at the time.