---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-206543"
form_type: "8-K"
ticker: "BODI"
cik: "0001826889"
company_name: "Beachbody Company, Inc."
filed_at: "2021-07-01T23:59:59+00:00"
generated_at: "2026-06-30T08:10:37.575126+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Beachbody closes SPAC merger with Forest Road; begins trading as BODY on NYSE

## Summary
- Business combination closed June 25, 2021; New Beachbody Class A and Class X common stock outstanding: 163,175,632 and 141,250,310 shares, respectively.
- PIPE placement of 22.5M shares at $10 each raised $225M before $4.375M placement agent fees.
- New board elected: Carl Daikeler (CEO), Mary Conlin, Michael Heller, Kevin Mayer, John Salter, Ben Van de Bunt.
- CFO Susan Collyns entered new employment agreement: $600K base, 75% target bonus, severance of 1x base and prorated bonus.
- Former Forest Road directors and officers resigned; Carl Daikeler and his trust hold 94.6% of Class X stock, giving 84.8% combined voting power.

## SEC filing metadata
- accession: 0001193125-21-206543
- form_type: 8-K
- ticker: BODI
- cik: 0001826889
- company_name: Beachbody Company, Inc.
- filed_at: 2021-07-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 9.01, 3.02, 4.01, 3.03, 5.01, 5.02, 5.03, 5.06, 7.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826889/000119312521206543/0001193125-21-206543-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826889/000119312521206543/d149423d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-206543
- JSON: https://secwatch.observer/filing/0001193125-21-206543.json
- Plain text: https://secwatch.observer/filing/0001193125-21-206543.txt

## Key facts
- Executive change
  Thomas Staggs resigned as Director at Beachbody Company, Inc..
  - Action: resigned
  - Role: Director
  source text: At Closing, all incumbent directors and officers of Forest Road, Keith L. Horn, Zachary Tarica, Idan Shani, Salil Mehta, Thomas Staggs, Peter Schlessel, Martin Luther King III, Teresa Miles Walsh and Sheila A. Stamps, resigned.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826889/000119312521206543/0001193125-21-206543-index.htm
- Executive change
  Martin Luther King III resigned as Director at Beachbody Company, Inc..
  - Action: resigned
  - Role: Director
  source text: At Closing, all incumbent directors and officers of Forest Road, Keith L. Horn, Zachary Tarica, Idan Shani, Salil Mehta, Thomas Staggs, Peter Schlessel, Martin Luther King III, Teresa Miles Walsh and Sheila A. Stamps, resigned.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826889/000119312521206543/0001193125-21-206543-index.htm
- Executive change
  Kevin Mayer was elected as Director at Beachbody Company, Inc..
  - Action: elected
  - Role: Director
  source text: On June 25, 2021, in connection with the Special Meeting, Carl Daikeler, Mary Conlin, Michael Heller, Kevin Mayer, John Salter and Ben Van de Bunt were each elected to the Board of Directors of New Beachbody.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826889/000119312521206543/0001193125-21-206543-index.htm
- Executive change
  Zachary Tarica resigned as Director at Beachbody Company, Inc..
  - Action: resigned
  - Role: Director
  source text: At Closing, all incumbent directors and officers of Forest Road, Keith L. Horn, Zachary Tarica, Idan Shani, Salil Mehta, Thomas Staggs, Peter Schlessel, Martin Luther King III, Teresa Miles Walsh and Sheila A. Stamps, resigned.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826889/000119312521206543/0001193125-21-206543-index.htm
- Executive change
  Teresa Miles Walsh resigned as Director at Beachbody Company, Inc..
  - Action: resigned
  - Role: Director
  source text: At Closing, all incumbent directors and officers of Forest Road, Keith L. Horn, Zachary Tarica, Idan Shani, Salil Mehta, Thomas Staggs, Peter Schlessel, Martin Luther King III, Teresa Miles Walsh and Sheila A. Stamps, resigned.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826889/000119312521206543/0001193125-21-206543-index.htm
- Executive change
  Mary Conlin was elected as Director at Beachbody Company, Inc..
  - Action: elected
  - Role: Director
  source text: On June 25, 2021, in connection with the Special Meeting, Carl Daikeler, Mary Conlin, Michael Heller, Kevin Mayer, John Salter and Ben Van de Bunt were each elected to the Board of Directors of New Beachbody.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826889/000119312521206543/0001193125-21-206543-index.htm
- Executive change
  Ben Van de Bunt was elected as Director at Beachbody Company, Inc..
  - Action: elected
  - Role: Director
  source text: On June 25, 2021, in connection with the Special Meeting, Carl Daikeler, Mary Conlin, Michael Heller, Kevin Mayer, John Salter and Ben Van de Bunt were each elected to the Board of Directors of New Beachbody.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826889/000119312521206543/0001193125-21-206543-index.htm
- Executive change
  Carl Daikeler was elected as Director at Beachbody Company, Inc..
  - Action: elected
  - Role: Director
  source text: On June 25, 2021, in connection with the Special Meeting, Carl Daikeler, Mary Conlin, Michael Heller, Kevin Mayer, John Salter and Ben Van de Bunt were each elected to the Board of Directors of New Beachbody.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826889/000119312521206543/0001193125-21-206543-index.htm
- Executive change
  John Salter was elected as Director at Beachbody Company, Inc..
  - Action: elected
  - Role: Director
  source text: On June 25, 2021, in connection with the Special Meeting, Carl Daikeler, Mary Conlin, Michael Heller, Kevin Mayer, John Salter and Ben Van de Bunt were each elected to the Board of Directors of New Beachbody.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826889/000119312521206543/0001193125-21-206543-index.htm
- Executive change
  Idan Shani resigned as Director at Beachbody Company, Inc..
  - Action: resigned
  - Role: Director
  source text: At Closing, all incumbent directors and officers of Forest Road, Keith L. Horn, Zachary Tarica, Idan Shani, Salil Mehta, Thomas Staggs, Peter Schlessel, Martin Luther King III, Teresa Miles Walsh and Sheila A. Stamps, resigned.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826889/000119312521206543/0001193125-21-206543-index.htm
- Executive change
  Sheila A. Stamps resigned as Director at Beachbody Company, Inc..
  - Action: resigned
  - Role: Director
  source text: At Closing, all incumbent directors and officers of Forest Road, Keith L. Horn, Zachary Tarica, Idan Shani, Salil Mehta, Thomas Staggs, Peter Schlessel, Martin Luther King III, Teresa Miles Walsh and Sheila A. Stamps, resigned.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826889/000119312521206543/0001193125-21-206543-index.htm
- Executive change
  Peter Schlessel resigned as Director at Beachbody Company, Inc..
  - Action: resigned
  - Role: Director
  source text: At Closing, all incumbent directors and officers of Forest Road, Keith L. Horn, Zachary Tarica, Idan Shani, Salil Mehta, Thomas Staggs, Peter Schlessel, Martin Luther King III, Teresa Miles Walsh and Sheila A. Stamps, resigned.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826889/000119312521206543/0001193125-21-206543-index.htm
- Executive change
  Salil Mehta resigned as Director at Beachbody Company, Inc..
  - Action: resigned
  - Role: Director
  source text: At Closing, all incumbent directors and officers of Forest Road, Keith L. Horn, Zachary Tarica, Idan Shani, Salil Mehta, Thomas Staggs, Peter Schlessel, Martin Luther King III, Teresa Miles Walsh and Sheila A. Stamps, resigned.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826889/000119312521206543/0001193125-21-206543-index.htm
- Executive change
  Michael Heller was elected as Director at Beachbody Company, Inc..
  - Action: elected
  - Role: Director
  source text: On June 25, 2021, in connection with the Special Meeting, Carl Daikeler, Mary Conlin, Michael Heller, Kevin Mayer, John Salter and Ben Van de Bunt were each elected to the Board of Directors of New Beachbody.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826889/000119312521206543/0001193125-21-206543-index.htm
- Executive change
  Keith L. Horn resigned as Director at Beachbody Company, Inc..
  - Action: resigned
  - Role: Director
  source text: At Closing, all incumbent directors and officers of Forest Road, Keith L. Horn, Zachary Tarica, Idan Shani, Salil Mehta, Thomas Staggs, Peter Schlessel, Martin Luther King III, Teresa Miles Walsh and Sheila A. Stamps, resigned.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826889/000119312521206543/0001193125-21-206543-index.htm

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