With millions of consumers stuck at home due to the coronavirus in late 2020, Carl Daikeler found the perfect time to raise money for his at-home fitness company, Beachbody Co.
Daikeler opted for the fast track, a merger with Forest Road Acquisition Corp., a shell company with celebrity backers including basketball great Shaquille O’Neal, civil rights activist Martin Luther King III and two former Walt Disney Co. executives, Kevin Mayer and Tom Staggs.
