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Media reports advise of multiple closures of F45 gyms

Media reports advise of multiple closures of F45 gyms
October 20, 2023

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18th August 2023 - F45 moves to pull its shares from the New York Stock Exchange

16th May 2023 - F45 reaches 10 years of operations

31st March 2023 - F45 announces leadership changes with Mark Wahlberg named Chief Brand Officer

27th March 2023 - 10% of Australia’s F45 studios up for sale

22nd March 2023 - F45 launches new one-day only workout class inspired by Netflix’s Wellmania series

3rd March 2023 - Media advises of closing of F45 studios as founder reportedly being chased for $10 million by creditors

19th January 2023 - F45 launches first ever Australian brand campaign

5th January 2023 - US lawyers remind shareholders of opportunity to participate in class action against F45

21st November 2022 - Chief Financial Officer Chris Payne leaves troubled F45

6th October 2022 - Reports suggest that F45 shareholders Mark Wahlberg and Adam Gilchrist look to take the business private

16th August 2022 - Loss of confidence sees mass cancellation of F45 franchise sales

12th August 2022 - F45 co-founder’s Reunion Training business enters administration

29th July 2022 - Outgoing F45 Chief Executive Adam Gilchrist looks back on goal to ‘change people’s lives by creating the world’s best workout’

27th July 2022 - F45 Training announces layoffs for almost half its corporate staff after revealing projected revenue fall

1st July 2022 - Canstar Blue again rates F45 for delivering highest levels of customer satisfaction among Australian gyms

21st June 2022 - F45 caught trademarking Bodyfit name after Federal Court loss

15th February 2022 - F45 loses legal battle with Body Fit Training over workout patents

16th July 2021 - New York Stock Exchange listing sees F45 valued at more than US$1.5 billion

7th July 2021 - F45 Training moving towards New York Stock Exchange listing with potential US$1.5 billion valuation

21st December 2020 - F45 ends listing plans but keeps up legal action against competitor Body Fit Training


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