NEW YORK, Feb. 03, 2023 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is reminding investors that class action lawsuits can be filed on behalf of shareholders of F45 Training Holdings, Inc. FXLVSilvergate Capital Corporation S.INeoGenomics, Inc. NEOand Iris Energy Limited IRISH. Shareholders have until the deadlines below to petition the court to be lead plaintiff. For more information on each case, see the link provided.

F45 Training Holdings, Inc. FXLV

Class Period: As per F45’s IPO in July 2021

Lead Plaintiff Deadline: February 6, 2023

F45 is a fitness franchisor with a business model based on rapid growth through the franchising of low-overhead fitness facilities. The Company was incorporated in Sydney, Australia in 2013 and operated 2,801 franchises in 68 countries at the time of the Company’s IPO on July 16, 2021, which is more fully described below.

Plaintiff is bringing this class action on behalf of all individuals and entities who purchased or otherwise acquired F45’s common stock (“stocks” or “stocks”) pursuant to and/or traceable to the false and/or misleading Form S-1 of the Company’s registration statement and the accompanying prospectus and supplemental prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s initial public offering on July 16, 2021 of 18.75 million shares of common stock at a price of $16 per share (the “July Initial Public Offering 2021” or the “Offering”) to pursue remedies under Sections 11 and 15 of the Securities Act of 1933 (the “Securities Act”).

As detailed in the prospectus issued in support of the July 2021 IPO, the company pledged that the proceeds will be used to, among other things, repay debt, complete the purchase of indoor cycling studio Flywheel, pay bonuses to certain employees would be used to pay for costs associated with the offering, working capital and general corporate purposes.

In support of F45’s IPO in July 2021…