Lead Plaintiff Deadline: February 06, 2023
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common stock pursuant and/or traceable to the documents issued in connection with the Company's July 16, 2021 initial public offering
1) F45 Training could not maintain new franchise growth because it was offering more favorable payment terms to multi-unit franchisees; 2) F45 Training’s lackluster pace of growth was also accompanied by a massive and unsustainable increase in F45 Training’s accounts receivable and a similar, and equally unsustainable, decrease in its cash and cash equivalents; and 3) these practices were not sustainable at the time of the initial public offering, and when F45 Training could no longer sustain this defective business model, its growth rate and revenue plummeted.
In order to be included in the lawsuit, you must have incurred a loss on shares of F45 Training, either: A) purchased or acquired during the class period listed above, if applicable; or B) pursuant to the Initial Public Offering (IPO) of F45 Training, if applicable.
If you suffered a loss in F45 Training during the relevant time frame, or pursuant to F45 Training’s IPO if listed above, you have until February 06, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.