The Beachbody Company, now doing business as BODi, says its raising capital for "general corporate purposes."
The Beachbody Company has announced a reverse stock split along with the launch of a free subscription tier on its app.
BODi, formerly Beachbody, has unveiled a new "Growth Game Plan," which rewards high-performing network sales partners.
Beachbody is still in the midst of a strategic rebrand following its name change to BODi, posting a decrease in revenue for Q2 of 2023.
The Beachbody Company, which now does business as BODi, has stated its commitment to becoming cashflow positive.
BODi's new primal fitness offering concentrates on strength building using functional movements that replicate those used in real life.
Goldston joins The Beachbody Company as Executive Chairman of the Board at a pivotal time for the brand, which recently changed its name.
The lawsuit alleges that Beachbody exploited its California workforce, known as "coaches," by failing to pay them a fair wage.
Despite revenue being down $54 million, BODi CEO Carl Daikeler pointed to subscriber growth and search traffic volume as positive signs.
BODi is celebrating Mental Health Awareness Month by launching new Mindset Master classes, an extension of its health-esteem platform.
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