---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-115942"
form_type: "8-K"
ticker: "BODI"
cik: "0001826889"
company_name: "Beachbody Company, Inc."
filed_at: "2024-10-21T23:59:59+00:00"
generated_at: "2026-05-30T12:24:27.220393+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Beachbody amends credit facility: removes revenue covenant, adds EBITDA covenant, $3.2M prepayment

## Summary
- Removed minimum revenue covenant; added minimum EBITDA covenant for each fiscal quarter.
- Minimum liquidity set at $9.5M through Dec 31, 2024, then $13.0M thereafter.
- Additional mandatory principal payments of $7M in 2025: $3M Q1, $2M Q2, $1M Q3, $1M Q4.
- Made $3.2M prepayment plus $40K premium on Oct 18, 2024; warrant exercise price reduced to $6.26 from $9.16.

## SEC filing metadata
- accession: 0000950170-24-115942
- form_type: 8-K
- ticker: BODI
- cik: 0001826889
- company_name: Beachbody Company, Inc.
- filed_at: 2024-10-21T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826889/000095017024115942/0000950170-24-115942-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826889/000095017024115942/body-20241018.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-115942
- JSON: https://secwatch.observer/filing/0000950170-24-115942.json
- Plain text: https://secwatch.observer/filing/0000950170-24-115942.txt

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