IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO_老虎社区_美港股上老虎

IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO

sgbonline2021-09-28

IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...

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143

koolgal
·2021-09-29
IFIT will be popular with the fitness crowd as keeping fit is just as important during Covid-19! 👍😊
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- 滚股怪:
  Good
  2021-09-29
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- koolgal:
  Thanks 👍😊
  2021-09-29
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RajeshY
·2021-09-28
Agree
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1
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Never ever f
·2021-09-28
Good
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5
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- TonyPhaLLeN:
  yeps
  2021-09-28
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Blackk
·2021-09-28
Like
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3
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- terryvstitch:
  Done
  2021-09-28
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soosoo
·2021-09-28
Good
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2
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Jenjorjack
·2021-09-28
Health before wealth or rather health is wealth. Please like comment and follow
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- Shungou:
  Best if got both
  2021-09-28
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川姐
·2021-09-28
Good!
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IC2
·2021-09-28
Like pls. Thanks.
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- Jenjorjack:
  Done. Please help me like too
  2021-09-28
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- Couragesther:
  Ok
  2021-09-28
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RaymondLim
·2021-09-28
Ok
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- koolgal:
  👍😊
  2021-09-29
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AndrinaAu
·2021-09-28
Ok
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5
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thecham
·2021-09-28
Ok
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4
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- SallyNeo:
  Ok
  2021-09-28
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- AndrinaAu:
  ok
  2021-09-28
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SallyNeo
·2021-09-28
Ok
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3
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- thecham:
  Ok
  2021-09-28
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- Fonkytonks:
  k
  2021-09-28
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Chuat
·2021-09-28
Hi guys!
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boonhong21
·2021-09-28
Ok
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pianhua
·2021-09-28
Hello
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- CJXDerrick:
  Hi
  2021-09-28
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- boonhong21:
  Hi
  2021-09-28
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TANJH
·2021-09-28
Like please
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- Chuat:
  Ok
  2021-09-28
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FatKid
·2021-09-28
Test
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- 73d9fb3e:
  ok
  2021-09-28
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ApplePL
·2021-09-28
K
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- Ron71:
  666
  2021-10-08
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AudTKH
·2021-09-28
Ok
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5
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ApplePL
·2021-09-28
Pls like n comment. Will revert.thx
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In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6035170,"gmtCreate":1632894782688,"gmtModify":1634782631139,"authorId":4091089381144950,"author":{"id":4091089381144950,"authorId":4091089381144950,"name":"滚股怪","avatar":"https://static.tigerbbs.com/b67621b4133ca0db91bff9766152a448","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":862599895,"type":1,"supId":0,"prevId":0,"content":"Good","text":"Good","html":"Good"},{"id":6035544,"gmtCreate":1632899716710,"gmtModify":1632899716710,"authorId":3559581955535845,"author":{"id":3559581955535845,"authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":862599895,"type":1,"supId":6035170,"prevId":0,"content":"Thanks 👍😊","text":"Thanks 👍😊","html":"Thanks 👍😊"}],"langContent":"CN"},{"id":866724640,"gmtCreate":1632808958080,"gmtModify":1632808958144,"author":{"id":"3576365323629443","authorId":"3576365323629443","name":"RajeshY","avatar":"https://static.tigerbbs.com/af58f71bc73644abaf9df97f802ebd97","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Agree&nbsp;","listText":"Agree&nbsp;","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866724640","repostId":1173876760,"repostType":4,"repost":{"id":"1173876760","pubTimestamp":1632798007,"share":"https://www.laohu8.com/m/news/1173876760?lang=&edition=full","pubTime":"2021-09-28 11:00","market":"us","language":"en","title":"IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876760","media":"sgbonline","summary":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public o","content":"<p>IFit Health &amp; Fitness&nbsp;is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities &amp; Exchange Commission.</p>\n<p>The company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.</p>\n<p>In the updated filing, IFit Health &amp; Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.</p>\n<p>The IPO price is expected to be between $18.00 and $21.00 per share.</p>\n<p>IFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":866703223,"gmtCreate":1632801647562,"gmtModify":1632801647814,"author":{"id":"3555043402922696","authorId":"3555043402922696","name":"Never ever f","avatar":"https://static.tigerbbs.com/52501d43721648c944a019db9c767c5d","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/866703223","repostId":1173876760,"repostType":4,"repost":{"id":"1173876760","pubTimestamp":1632798007,"share":"https://www.laohu8.com/m/news/1173876760?lang=&edition=full","pubTime":"2021-09-28 11:00","market":"us","language":"en","title":"IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876760","media":"sgbonline","summary":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public o","content":"<p>IFit Health &amp; Fitness&nbsp;is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities &amp; Exchange Commission.</p>\n<p>The company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.</p>\n<p>In the updated filing, IFit Health &amp; Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.</p>\n<p>The IPO price is expected to be between $18.00 and $21.00 per share.</p>\n<p>IFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6022590,"gmtCreate":1632802380058,"gmtModify":1634783684685,"authorId":3579513594302985,"author":{"id":3579513594302985,"authorId":3579513594302985,"name":"TonyPhaLLeN","avatar":"https://static.tigerbbs.com/e658111e804aea12d23a2d5567d98572","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":866703223,"type":1,"supId":0,"prevId":0,"content":"yeps","text":"yeps","html":"yeps"}],"langContent":"CN"},{"id":866471037,"gmtCreate":1632800794229,"gmtModify":1632800794384,"author":{"id":"3572770726668540","authorId":"3572770726668540","name":"Blackk","avatar":"https://static.tigerbbs.com/93d9bfa23cdea8af3308e34dedf35d9e","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/866471037","repostId":1173876760,"repostType":4,"repost":{"id":"1173876760","pubTimestamp":1632798007,"share":"https://www.laohu8.com/m/news/1173876760?lang=&edition=full","pubTime":"2021-09-28 11:00","market":"us","language":"en","title":"IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876760","media":"sgbonline","summary":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public o","content":"<p>IFit Health &amp; Fitness&nbsp;is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities &amp; Exchange Commission.</p>\n<p>The company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.</p>\n<p>In the updated filing, IFit Health &amp; Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.</p>\n<p>The IPO price is expected to be between $18.00 and $21.00 per share.</p>\n<p>IFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6022425,"gmtCreate":1632801191858,"gmtModify":1634783700679,"authorId":3582770069606941,"author":{"id":3582770069606941,"authorId":3582770069606941,"name":"terryvstitch","avatar":"https://static.tigerbbs.com/7a0184a6e9d86edb86f52e47b7268432","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":866471037,"type":1,"supId":0,"prevId":0,"content":"<u>Done</u>","text":"<u>Done</u>","html":"<u>Done</u>"}],"langContent":"CN"},{"id":866445797,"gmtCreate":1632800309819,"gmtModify":1632800309886,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866445797","repostId":1173876760,"repostType":4,"repost":{"id":"1173876760","pubTimestamp":1632798007,"share":"https://www.laohu8.com/m/news/1173876760?lang=&edition=full","pubTime":"2021-09-28 11:00","market":"us","language":"en","title":"IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876760","media":"sgbonline","summary":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public o","content":"<p>IFit Health &amp; Fitness&nbsp;is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities &amp; Exchange Commission.</p>\n<p>The company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.</p>\n<p>In the updated filing, IFit Health &amp; Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.</p>\n<p>The IPO price is expected to be between $18.00 and $21.00 per share.</p>\n<p>IFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":866446023,"gmtCreate":1632800103462,"gmtModify":1632800103775,"author":{"id":"3554873215379647","authorId":"3554873215379647","name":"Jenjorjack","avatar":"https://static.tigerbbs.com/d9d4687aa5519f0d2fb1b18f916be861","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Health before wealth or rather health is wealth. Please like comment and follow","listText":"Health before wealth or rather health is wealth. Please like comment and follow","text":"Health before wealth or rather health is wealth. Please like comment and follow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/866446023","repostId":1173876760,"repostType":4,"repost":{"id":"1173876760","pubTimestamp":1632798007,"share":"https://www.laohu8.com/m/news/1173876760?lang=&edition=full","pubTime":"2021-09-28 11:00","market":"us","language":"en","title":"IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876760","media":"sgbonline","summary":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public o","content":"<p>IFit Health &amp; Fitness&nbsp;is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities &amp; Exchange Commission.</p>\n<p>The company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.</p>\n<p>In the updated filing, IFit Health &amp; Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.</p>\n<p>The IPO price is expected to be between $18.00 and $21.00 per share.</p>\n<p>IFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6022279,"gmtCreate":1632800438311,"gmtModify":1634783714622,"authorId":3585374186568444,"author":{"id":3585374186568444,"authorId":3585374186568444,"name":"Shungou","avatar":"https://static.tigerbbs.com/f6e6be94f96866fa41be592e567fcacd","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":866446023,"type":1,"supId":0,"prevId":0,"content":"Best if got both","text":"Best if got both","html":"Best if got both"}],"langContent":"CN"},{"id":866440145,"gmtCreate":1632799896787,"gmtModify":1632799896963,"author":{"id":"3572316149124317","authorId":"3572316149124317","name":"川姐","avatar":"https://static.tigerbbs.com/28a87e149cd4b977f188b8ae3cb01bd8","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Good!","listText":"Good!","text":"Good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866440145","repostId":1173876760,"repostType":4,"repost":{"id":"1173876760","pubTimestamp":1632798007,"share":"https://www.laohu8.com/m/news/1173876760?lang=&edition=full","pubTime":"2021-09-28 11:00","market":"us","language":"en","title":"IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876760","media":"sgbonline","summary":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public o","content":"<p>IFit Health &amp; Fitness&nbsp;is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities &amp; Exchange Commission.</p>\n<p>The company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.</p>\n<p>In the updated filing, IFit Health &amp; Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.</p>\n<p>The IPO price is expected to be between $18.00 and $21.00 per share.</p>\n<p>IFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":866454745,"gmtCreate":1632799784987,"gmtModify":1632799785103,"author":{"id":"3582121780465244","authorId":"3582121780465244","name":"IC2","avatar":"https://static.tigerbbs.com/7b2bf61019ed22cea10bd830aefa9369","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Like pls. Thanks.&nbsp;","listText":"Like pls. Thanks.&nbsp;","text":"Like pls. Thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/866454745","repostId":1173876760,"repostType":4,"repost":{"id":"1173876760","pubTimestamp":1632798007,"share":"https://www.laohu8.com/m/news/1173876760?lang=&edition=full","pubTime":"2021-09-28 11:00","market":"us","language":"en","title":"IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876760","media":"sgbonline","summary":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public o","content":"<p>IFit Health &amp; Fitness&nbsp;is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities &amp; Exchange Commission.</p>\n<p>The company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.</p>\n<p>In the updated filing, IFit Health &amp; Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.</p>\n<p>The IPO price is expected to be between $18.00 and $21.00 per share.</p>\n<p>IFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6022218,"gmtCreate":1632800121117,"gmtModify":1634783720206,"authorId":3554873215379647,"author":{"id":3554873215379647,"authorId":3554873215379647,"name":"Jenjorjack","avatar":"https://static.tigerbbs.com/d9d4687aa5519f0d2fb1b18f916be861","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":866454745,"type":1,"supId":0,"prevId":0,"content":"Done. Please help me like too","text":"Done. Please help me like too","html":"Done. Please help me like too"},{"id":6022257,"gmtCreate":1632800334716,"gmtModify":1634783716480,"authorId":3557433279201512,"author":{"id":3557433279201512,"authorId":3557433279201512,"name":"Couragesther","avatar":"https://static.tigerbbs.com/fb776fde22322bb11f3651d216a6b06e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":866454745,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"CN"},{"id":866454093,"gmtCreate":1632799630312,"gmtModify":1632799630393,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"RaymondLim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/866454093","repostId":1173876760,"repostType":4,"repost":{"id":"1173876760","pubTimestamp":1632798007,"share":"https://www.laohu8.com/m/news/1173876760?lang=&edition=full","pubTime":"2021-09-28 11:00","market":"us","language":"en","title":"IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876760","media":"sgbonline","summary":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public o","content":"<p>IFit Health &amp; Fitness&nbsp;is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities &amp; Exchange Commission.</p>\n<p>The company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.</p>\n<p>In the updated filing, IFit Health &amp; Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.</p>\n<p>The IPO price is expected to be between $18.00 and $21.00 per share.</p>\n<p>IFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6034068,"gmtCreate":1632887313090,"gmtModify":1634782728683,"authorId":3559581955535845,"author":{"id":3559581955535845,"authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":866454093,"type":1,"supId":0,"prevId":0,"content":"👍😊","text":"👍😊","html":"👍😊"}],"langContent":"CN"},{"id":866455621,"gmtCreate":1632799568163,"gmtModify":1632799568265,"author":{"id":"3581996887679255","authorId":"3581996887679255","name":"AndrinaAu","avatar":"https://static.tigerbbs.com/527aef2be2ecd5e3af8295747ad2b02f","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866455621","repostId":1173876760,"repostType":4,"repost":{"id":"1173876760","pubTimestamp":1632798007,"share":"https://www.laohu8.com/m/news/1173876760?lang=&edition=full","pubTime":"2021-09-28 11:00","market":"us","language":"en","title":"IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876760","media":"sgbonline","summary":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public o","content":"<p>IFit Health &amp; Fitness&nbsp;is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities &amp; Exchange Commission.</p>\n<p>The company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.</p>\n<p>In the updated filing, IFit Health &amp; Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.</p>\n<p>The IPO price is expected to be between $18.00 and $21.00 per share.</p>\n<p>IFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":866452712,"gmtCreate":1632799510936,"gmtModify":1632799511043,"author":{"id":"3561295030711071","authorId":"3561295030711071","name":"thecham","avatar":"https://static.tigerbbs.com/5930d84090e4f5182904005dab162bd6","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/866452712","repostId":1173876760,"repostType":4,"repost":{"id":"1173876760","pubTimestamp":1632798007,"share":"https://www.laohu8.com/m/news/1173876760?lang=&edition=full","pubTime":"2021-09-28 11:00","market":"us","language":"en","title":"IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876760","media":"sgbonline","summary":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public o","content":"<p>IFit Health &amp; Fitness&nbsp;is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities &amp; Exchange Commission.</p>\n<p>The company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.</p>\n<p>In the updated filing, IFit Health &amp; Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.</p>\n<p>The IPO price is expected to be between $18.00 and $21.00 per share.</p>\n<p>IFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6022105,"gmtCreate":1632799522122,"gmtModify":1634783730055,"authorId":3569657483407888,"author":{"id":3569657483407888,"authorId":3569657483407888,"name":"SallyNeo","avatar":"https://static.tigerbbs.com/36144116caeba1af1d2ccbebeffac342","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":866452712,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":6022119,"gmtCreate":1632799562843,"gmtModify":1634783729181,"authorId":3581996887679255,"author":{"id":3581996887679255,"authorId":3581996887679255,"name":"AndrinaAu","avatar":"https://static.tigerbbs.com/527aef2be2ecd5e3af8295747ad2b02f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":866452712,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"CN"},{"id":866452428,"gmtCreate":1632799510464,"gmtModify":1632799510628,"author":{"id":"3569657483407888","authorId":"3569657483407888","name":"SallyNeo","avatar":"https://static.tigerbbs.com/36144116caeba1af1d2ccbebeffac342","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/866452428","repostId":1173876760,"repostType":4,"repost":{"id":"1173876760","pubTimestamp":1632798007,"share":"https://www.laohu8.com/m/news/1173876760?lang=&edition=full","pubTime":"2021-09-28 11:00","market":"us","language":"en","title":"IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876760","media":"sgbonline","summary":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public o","content":"<p>IFit Health &amp; Fitness&nbsp;is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities &amp; Exchange Commission.</p>\n<p>The company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.</p>\n<p>In the updated filing, IFit Health &amp; Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.</p>\n<p>The IPO price is expected to be between $18.00 and $21.00 per share.</p>\n<p>IFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6022104,"gmtCreate":1632799518884,"gmtModify":1634783730165,"authorId":3561295030711071,"author":{"id":3561295030711071,"authorId":3561295030711071,"name":"thecham","avatar":"https://static.tigerbbs.com/5930d84090e4f5182904005dab162bd6","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":866452428,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":6022124,"gmtCreate":1632799594447,"gmtModify":1634783728634,"authorId":3559873043762670,"author":{"id":3559873043762670,"authorId":3559873043762670,"name":"Fonkytonks","avatar":"https://static.tigerbbs.com/4dfa5c5b6a3eb44de87d5ed63482f16c","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":866452428,"type":1,"supId":0,"prevId":0,"content":"<u>k</u>","text":"<u>k</u>","html":"<u>k</u>"}],"langContent":"CN"},{"id":866452315,"gmtCreate":1632799416837,"gmtModify":1632799416837,"author":{"id":"3565240145542356","authorId":"3565240145542356","name":"Chuat","avatar":"https://static.tigerbbs.com/4841dccdc4d6bf00620a5581e3d49e0b","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Hi guys!","listText":"Hi guys!","text":"Hi guys!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866452315","repostId":1173876760,"repostType":4,"repost":{"id":"1173876760","pubTimestamp":1632798007,"share":"https://www.laohu8.com/m/news/1173876760?lang=&edition=full","pubTime":"2021-09-28 11:00","market":"us","language":"en","title":"IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876760","media":"sgbonline","summary":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public o","content":"<p>IFit Health &amp; Fitness&nbsp;is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities &amp; Exchange Commission.</p>\n<p>The company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.</p>\n<p>In the updated filing, IFit Health &amp; Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.</p>\n<p>The IPO price is expected to be between $18.00 and $21.00 per share.</p>\n<p>IFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":866456187,"gmtCreate":1632799297249,"gmtModify":1632799312440,"author":{"id":"3575147848250182","authorId":"3575147848250182","name":"boonhong21","avatar":"https://static.tigerbbs.com/4576487764c99ea59dfd1cfcdf89da5b","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866456187","repostId":1173876760,"repostType":4,"repost":{"id":"1173876760","pubTimestamp":1632798007,"share":"https://www.laohu8.com/m/news/1173876760?lang=&edition=full","pubTime":"2021-09-28 11:00","market":"us","language":"en","title":"IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876760","media":"sgbonline","summary":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public o","content":"<p>IFit Health &amp; Fitness&nbsp;is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities &amp; Exchange Commission.</p>\n<p>The company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.</p>\n<p>In the updated filing, IFit Health &amp; Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.</p>\n<p>The IPO price is expected to be between $18.00 and $21.00 per share.</p>\n<p>IFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":866458307,"gmtCreate":1632799216909,"gmtModify":1632799216995,"author":{"id":"3578467063156657","authorId":"3578467063156657","name":"pianhua","avatar":"https://static.tigerbbs.com/5fe016149cfce241ec0da0576393d835","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Hello","listText":"Hello","text":"Hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/866458307","repostId":1173876760,"repostType":4,"repost":{"id":"1173876760","pubTimestamp":1632798007,"share":"https://www.laohu8.com/m/news/1173876760?lang=&edition=full","pubTime":"2021-09-28 11:00","market":"us","language":"en","title":"IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876760","media":"sgbonline","summary":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public o","content":"<p>IFit Health &amp; Fitness&nbsp;is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities &amp; Exchange Commission.</p>\n<p>The company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.</p>\n<p>In the updated filing, IFit Health &amp; Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.</p>\n<p>The IPO price is expected to be between $18.00 and $21.00 per share.</p>\n<p>IFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6022067,"gmtCreate":1632799234078,"gmtModify":1634783733011,"authorId":3574429131310769,"author":{"id":3574429131310769,"authorId":3574429131310769,"name":"CJXDerrick","avatar":"https://static.tigerbbs.com/eccb8ea73b0889cd358ab47eb4e3b6a0","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":866458307,"type":1,"supId":0,"prevId":0,"content":"<u>Hi</u>","text":"<u>Hi</u>","html":"<u>Hi</u>"},{"id":6022078,"gmtCreate":1632799303738,"gmtModify":1634783732244,"authorId":3575147848250182,"author":{"id":3575147848250182,"authorId":3575147848250182,"name":"boonhong21","avatar":"https://static.tigerbbs.com/4576487764c99ea59dfd1cfcdf89da5b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":866458307,"type":1,"supId":6022067,"prevId":0,"content":"Hi","text":"Hi","html":"Hi"}],"langContent":"CN"},{"id":866458952,"gmtCreate":1632799215776,"gmtModify":1632799216075,"author":{"id":"3572430244287129","authorId":"3572430244287129","name":"TANJH","avatar":"https://static.tigerbbs.com/08f0a812db3886c7089d529cb706b8fa","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/866458952","repostId":1173876760,"repostType":4,"repost":{"id":"1173876760","pubTimestamp":1632798007,"share":"https://www.laohu8.com/m/news/1173876760?lang=&edition=full","pubTime":"2021-09-28 11:00","market":"us","language":"en","title":"IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876760","media":"sgbonline","summary":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public o","content":"<p>IFit Health &amp; Fitness&nbsp;is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities &amp; Exchange Commission.</p>\n<p>The company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.</p>\n<p>In the updated filing, IFit Health &amp; Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.</p>\n<p>The IPO price is expected to be between $18.00 and $21.00 per share.</p>\n<p>IFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6022092,"gmtCreate":1632799406162,"gmtModify":1634783731370,"authorId":3565240145542356,"author":{"id":3565240145542356,"authorId":3565240145542356,"name":"Chuat","avatar":"https://static.tigerbbs.com/4841dccdc4d6bf00620a5581e3d49e0b","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":866458952,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"CN"},{"id":866451280,"gmtCreate":1632799155540,"gmtModify":1632799155540,"author":{"id":"4090418903913760","authorId":"4090418903913760","name":"FatKid","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Test","listText":"Test","text":"Test","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/866451280","repostId":1173876760,"repostType":4,"repost":{"id":"1173876760","pubTimestamp":1632798007,"share":"https://www.laohu8.com/m/news/1173876760?lang=&edition=full","pubTime":"2021-09-28 11:00","market":"us","language":"en","title":"IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876760","media":"sgbonline","summary":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public o","content":"<p>IFit Health &amp; Fitness&nbsp;is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities &amp; Exchange Commission.</p>\n<p>The company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.</p>\n<p>In the updated filing, IFit Health &amp; Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.</p>\n<p>The IPO price is expected to be between $18.00 and $21.00 per share.</p>\n<p>IFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6022056,"gmtCreate":1632799164497,"gmtModify":1634783734001,"authorId":3582499329726599,"author":{"id":3582499329726599,"authorId":3582499329726599,"name":"73d9fb3e","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":866451280,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"CN"},{"id":866453039,"gmtCreate":1632799027821,"gmtModify":1632799027964,"author":{"id":"3581735199167645","authorId":"3581735199167645","name":"ApplePL","avatar":"https://static.tigerbbs.com/0aa8f389e191dba5ddcc664bc53af5a4","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/866453039","repostId":1173876760,"repostType":4,"repost":{"id":"1173876760","pubTimestamp":1632798007,"share":"https://www.laohu8.com/m/news/1173876760?lang=&edition=full","pubTime":"2021-09-28 11:00","market":"us","language":"en","title":"IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876760","media":"sgbonline","summary":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public o","content":"<p>IFit Health &amp; Fitness&nbsp;is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities &amp; Exchange Commission.</p>\n<p>The company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.</p>\n<p>In the updated filing, IFit Health &amp; Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.</p>\n<p>The IPO price is expected to be between $18.00 and $21.00 per share.</p>\n<p>IFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6132667,"gmtCreate":1633691610925,"gmtModify":1634718638383,"authorId":4087786607644270,"author":{"id":4087786607644270,"authorId":4087786607644270,"name":"Ron71","avatar":"https://static.tigerbbs.com/46e59da94a802c8decb590fc9757c50c","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":866453039,"type":1,"supId":0,"prevId":0,"content":"<u>666</u>","text":"<u>666</u>","html":"<u>666</u>"}],"langContent":"CN"},{"id":866459365,"gmtCreate":1632798897157,"gmtModify":1632798897218,"author":{"id":"3575582076363736","authorId":"3575582076363736","name":"AudTKH","avatar":"https://static.tigerbbs.com/e4905e1cd622b8faa04ad4125cd04a83","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866459365","repostId":1173876760,"repostType":4,"repost":{"id":"1173876760","pubTimestamp":1632798007,"share":"https://www.laohu8.com/m/news/1173876760?lang=&edition=full","pubTime":"2021-09-28 11:00","market":"us","language":"en","title":"IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876760","media":"sgbonline","summary":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public o","content":"<p>IFit Health &amp; Fitness&nbsp;is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities &amp; Exchange Commission.</p>\n<p>The company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.</p>\n<p>In the updated filing, IFit Health &amp; Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.</p>\n<p>The IPO price is expected to be between $18.00 and $21.00 per share.</p>\n<p>IFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":866450712,"gmtCreate":1632798874436,"gmtModify":1632798874575,"author":{"id":"3581735199167645","authorId":"3581735199167645","name":"ApplePL","avatar":"https://static.tigerbbs.com/0aa8f389e191dba5ddcc664bc53af5a4","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Pls like n comment. Will revert.thx","listText":"Pls like n comment. Will revert.thx","text":"Pls like n comment. Will revert.thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866450712","repostId":1173876760,"repostType":4,"repost":{"id":"1173876760","pubTimestamp":1632798007,"share":"https://www.laohu8.com/m/news/1173876760?lang=&edition=full","pubTime":"2021-09-28 11:00","market":"us","language":"en","title":"IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876760","media":"sgbonline","summary":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public o","content":"<p>IFit Health &amp; Fitness&nbsp;is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities &amp; Exchange Commission.</p>\n<p>The company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.</p>\n<p>In the updated filing, IFit Health &amp; Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.</p>\n<p>The IPO price is expected to be between $18.00 and $21.00 per share.</p>\n<p>IFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.</p>\n<p>Proceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.</p>\n<p>The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”</p>\n<p>Morgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird &amp; Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James &amp; Associates, Inc., Truist Securities, Inc., William Blair &amp; Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank &amp; Co., LLC. are acting as co-managers for the proposed offering.</p>","source":"lsy1632798041004","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIFit Health & Fitness Seeks $6.6 Billion Valuation In IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/><strong>sgbonline</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities ...</p>\n\n<a href=\"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://sgbonline.com/ifit-health-fitness-seeking-6-6-billion-valuation-in-ipo/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173876760","content_text":"IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.\nThe company, which sells connected fitness equipment and subscriptions under brands including iFIT and NordicTrack, has filed for an IPO on September 1 but had not determined the number of shares it planned to sell or the price range.\nIn the updated filing, IFit Health & Fitness said it plans to offer 30,769,231 shares of its Class A common stock. iFIT also expects to grant the underwriters a 30-day option to purchase an additional 4,615,384 shares of Class A common stock at the IPO price, less underwriting discounts and commissions.\nThe IPO price is expected to be between $18.00 and $21.00 per share.\nIFit, founded in 1977, booked $1.7 billion in sales for the 12 months ended May 31, 2021, up 104.9 percent from $851.7 million in fiscal 2020. In fiscal 2019, sales were $700.0 million. The company generated a net income of $56.6 million during fiscal 2019 with a net loss of $98.5 million and $516.7 million during fiscal 2020 and 2021, respectively.\nProceeds from the offering will be used for general corporate purposes and to make a $35.0 million bonus payment to the co-founder and CEO Scott R. Watterson.\nThe shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.”\nMorgan Stanley, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering. Citigroup, Credit Suisse Securities (USA) LLC, Jefferies LLC and RW Baird & Co. Inc. are acting as book-running managers and Cowen and Company, LLC, JMP Securities LLC, Raymond James & Associates, Inc., Truist Securities, Inc., William Blair & Company, LLC., Telsey Advisory Group, LLC., AmeriVet Securities, Inc., Blaylock Van, LLC., Loop Capital Markets, LLC., and Siebert Williams Shank & Co., LLC. are acting as co-managers for the proposed offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":143,"commentSize":35,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}