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Stock impact report

Xponential Fitness, Inc. Initiates Review of Strategic Alternatives to Maximize Shareholder Value

Xponential Fitness, Inc. Class A (XPOF) 
Company Research Source: Business Wire
Appoints Nicole Parent Haughey to Board of Directors IRVINE, Calif.--(BUSINESS WIRE)--Xponential Fitness, Inc. (NYSE: XPOF) (“Xponential” or the “Company”), one of the leading global franchisors of boutique health and wellness brands, today announced its Board of Directors has initiated a review of strategic alternatives to maximize shareholder value.As part of this process, the Board’s independent directors will evaluate a range of potential alternatives, which may include a sale of the Company, a merger, or another strategic or financial transaction. The Company has engaged Jefferies LLC as its financial advisor for the strategic review process.Rachel Lee and Lily Yang, Independent Directors on Xponential’s Board, said, “Our Board is firmly focused on maximizing value for shareholders, and we are confident that undertaking a thorough and disciplined review of the opportunities available to the Company will determine the best path forward.”Mike Nuzzo, CEO of Xponential, said, “Xpo Show less Read more
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