iFIT Health & Fitness Inc, a health and fitness platform provider, has filed Form S-1 Registration Statement on August 31, 2021 with the U.S. Securities and Exchange Commission to raise up to $100 million IPO. Pricing terms are yet to announce.
The company is a health and fitness subscription technology company. iFIT is an integrated health and fitness platform, designed to connect our proprietary software, experiential content and interactive hardware to deliver an unmatched connected fitness experience.
The Logan, Utah-based company was founded in 1977 and booked $1.7 billion in sales for the 12 months ended May 31, 2021. It plans to list on the Nasdaq under the symbol “IFIT.” Morgan Stanley, BofA Securities, Barclays, Citi, Credit Suisse, Jefferies, and Baird are underwriters of the IPO.
The company engages Weil, Gotshal & Manges LLP as US Securities Counsel, and Deloitte & Touche LLP as Independent Auditor.
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