Hello September!
We’re two thirds of the way through 2023. What resolutions do you still need to cross off your list? What milestones are you still pushing to hit before the year is over? Make these last 4 months count 💪 (We’re here for you every step of the way)
F45 has been making headlines in recent news as financial troubles arise at the corporate level. Back in July, F45 disclosed that their financial statements for 2021, and 2022 contained errors that represented their net losses were less than reality. In reality, the July 7th accurate reporting showed F45 shares dropped from $16 when the company first went public, to $0.54. This news came out just after interim CFO, Robert Madore resigned. To take his place, Patrick Grosso has recently been appointed CFO, and Ryan Mayes as CEO.
Fast forward to the week of August 25th of this year; F45’s common stock trading has been suspended immediately due to the NYSE Regulation determining that stock prices were abnormally low.
Following the delisting of F45 public stock options, F45 Training has vowed to forge ahead with growing their studios, and strengthening the relationship with franchisees. Their current position is set on long term growth with international studios in the future. They are hopeful that stepping back from public trading for short term profits, will allow them to open multiple European locations in the near future and restore their long term growth plan.
Have you drafted your Fantasy League Team? Football season is upon us with the first regular season games beginning September 7th. We’re rooting for your gym to get to the next level during the 2024 season, so we’ve put together the ultimate playbook to get you there. Whether you’re just starting out, in the negative, or wildly profitable already, there's something in this playbook for you.
Check it out here: LINK https://drive.google.com/file/d/1W14GJlzQOxufb6Q7OJl1gmjlyOBfsclZ/view?usp=sharing
Gym Lord Marcia, owner of 3 Egan’s Fitness locations in Hawaii, organized a community event and fundraiser to benefit those affected by the Maui disaster. On August 26th, Egan’s Fitness, and participating gyms dedicated their workouts to those struggling with the after effects of this tragedy to raise awareness.
In addition to the group event, Marcia organized a GoFundMe to supply affected families with financial resources that they desperately need at this time.
If you are able to donate, please visit the GoFundMe here. Share the link with your community so we can come together in support of Maui Strong.
LINK: https://drive.google.com/file/d/1wuHbUQ_eUuQdF_JyvNaMPc9m2D1_ylsQ/view?usp=sharing
⚔️ Professional wrestler/actor turned entrepreneur, Hulk Hogan shares his recent business endeavors on an episode of The Joe Rogan Experience.
⚔️ GymCon 2024 is coming 👀 Don't miss the largest Gym Owner Conference in the world. Coming to Orlando Fl, May 2024. If you want early access to details and tickets (at an exclusive discounted rate) - join our Waitlist.
