BODi to transfer stock listing from NYSE to Nasdaq Capital Market

EL SEGUNDO, Calif. - The Beachbody Company, Inc. (NYSE:BODi) announced Wednesday it will voluntarily transfer its Class A common stock listing from the New York Stock Exchange to the Nasdaq Capital Market. The company expects to begin trading on Nasdaq on September 3, 2025, while maintaining its "BODI" trading symbol. The announcement comes as the stock trades at $5.29, having experienced a significant 33% decline over the past six months, according to InvestingPro data.

"Our move to Nasdaq will allow us to leverage their advanced trading technology and market data services to better serve our shareholders," said Carl Daikeler, BODi’s co-founder and Chief Executive Officer, in a press release statement.

Mark Goldston, Executive Chairman of BODi, added that the move aligns the company with a marketplace that "values and supports transformative companies."

The fitness and nutrition company, originally known as Beachbody, has been in operation for 25 years, developing home fitness and nutrition programs including P90X, Insanity, and 21-Day Fix. According to the company, it has served over 30 million customers since its founding in 1999.

The announcement comes as part of what the company describes as its ongoing strategic transformation. The stock transfer represents an administrative change in where the shares are listed and traded, with no direct impact on the company’s business operations.

The company noted that its common stock will continue to trade under the same symbol after the transfer is completed.

In other recent news, The Beachbody Company, Inc. has secured a $35 million financing package from Tiger Finance, a lending platform of Tiger Capital Group. This funding arrangement, executed in collaboration with SG Credit Partners, consists of a $25 million term loan and a $10 million uncommitted accordion. The three-year loan facility has enabled Beachbody to retire $17.3 million of its outstanding debt. Additionally, the company has bolstered its balance sheet by approximately $5 million through this financial maneuver. These developments are part of the company’s ongoing efforts to strengthen its financial position. The funding highlights Beachbody’s strategic financial management in addressing its debt obligations. Investors may find this move significant as it reflects the company’s approach to managing its capital structure.

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