Xponential Fitness’ Selling Shareholders Offloaded Stake Worth $122.5M Via Secondary Equity Offering

Xponential Fitness, Inc. (NYSE:XPOF) (the “Company”, “Xponential Fitness” or “we”), the largest global franchisor of boutique fitness brands, today announced the pricing of the previously announced underwritten public offering of 5,000,000 shares of the Company’s Class A common stock (the “Offering”) by certain of the Company’s existing stockholders, affiliates of Snapdragon Capital Partners and Anthony Geisler (the “Selling Stockholders”) at a public offering price of $24.50 per share. In connection with the Offering, certain of the Selling Stockholders have granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of the Company’s Class A common stock at the public offering price, less the underwriting discount. The Offering is expected to close on February 10, 2023, subject to customary closing conditions. The Company will not receive any proceeds from the Offering.