F45 Training CEO reflects on trading on NYSE for the first time
F45 Training CEO Adam Gilchrist on his company trading on the New York Stock Exchange and training U.S. soldiers to go into combat.
Mark Wahlberg's F45 gym is now a publically traded company after listing on the New York Stock Exchange.
The class-based, high-intensity, interval training program (HIIT) raised over $300 million after pricing shares between $15-$17.
F45 TRAINING HLDGS INC
CEO Adam Gilcrest described what sets this gym apart from others.
"What separates us is the innovation. We deliver every single day, we have over 6,000 exercises in our encyclopedia. We think training communities is really the clutch to success" he told FOX Business.
The "F" in F45 stands for functional training, FOX Business previously reported. The program combines full-body strength training exercises like weight lifting and squats with cardio intervals like rowing and biking.
Each workout lasts 45 minutes.
A new location recently opened on the Marine Corps Air Station (MCAS) Miramar and offers a program to help active duty service members transitioning out of the military into civilian roles in the fitness industry.
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The F45 Training system was launched in Australia in 2012 and currently has 2,247 franchises sold in 63 countries, according to the prospectus filed with the Securities and Exchange Commission.