---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-025028"
form_type: "8-K"
ticker: "BODI"
cik: "0001826889"
company_name: "Beachbody Company, Inc."
filed_at: "2024-03-05T23:59:59+00:00"
generated_at: "2026-06-05T04:00:56.292499+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Beachbody sells Van Nuys production facility for $6.2M, reduces term loan by $5.5M

## Summary
- Sold Van Nuys production facility (net carrying $4.8M) for $6.2M; entered 5-year lease with 2 three-year extension options.
- Used net proceeds to prepay $5.5M of its senior secured term loan, plus $165K prepayment premium.
- Amended term loan to reduce minimum liquidity covenant to $17M through Mar 31, 2024, then $22M thereafter.
- Sale and leaseback completed Feb 29, 2024; press release issued March 4, 2024.

## SEC filing metadata
- accession: 0000950170-24-025028
- form_type: 8-K
- ticker: BODI
- cik: 0001826889
- company_name: Beachbody Company, Inc.
- filed_at: 2024-03-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826889/000095017024025028/0000950170-24-025028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826889/000095017024025028/body-20240229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-025028
- JSON: https://secwatch.observer/filing/0000950170-24-025028.json
- Plain text: https://secwatch.observer/filing/0000950170-24-025028.txt

## Key facts
- Material Agreements
  Beachbody Company, Inc. amended Consent No. 2 and Amendment No. 4 to the Financing Agreement with Blue Torch Finance, LLC valued at Senior secured term loan facility originally $50.0 million (effective 2024-02-29).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Blue Torch Finance, LLC
  - Value: Senior secured term loan facility originally $50.0 million
  - Effective: 2024-02-29
  source text: On February 29, 2024 (the “Closing Date”), Beachbody, LLC (the “Borrower”), a subsidiary of The Beachbody Company, Inc. (the “Company”), the lenders party thereto and Blue Torch Finance, LLC (“Blue Torch”), as collateral agent and as administrative agent, entered into that certain Consent No. 2 and Amendment No. 4 to the Financing Agreement (the “Consent and Amendment”), which amended the Company’s existing Financing Agreement, dated as of August 8, 2022 (as previously amended, the “Financing Agreement”), by and among the Company, the Borrower, the lenders party thereto from time to time and Blue Torch, as collateral agent and as administrative agent, which provided for a senior secured term loan facility in an original aggregate principal amount of $50.0 million (the “Credit Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826889/000095017024025028/0000950170-24-025028-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.