---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-206555"
form_type: "8-K"
ticker: "XPOF"
cik: "0001802156"
company_name: "Xponential Fitness, Inc."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T23:01:54.499398+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Xponential Fitness enters $50M accelerated share repurchase agreement with Bank of America

## Summary
- Repurchase of $50M of Class A common stock via ASR agreement with Bank of America.
- Initial delivery of approximately 2.0 million shares to the company.
- Final settlement expected no later than October 2023.
- Funded with cash on hand after closing additional term loans.
- ASR counterparty is Bank of America, N.A.

## SEC filing metadata
- accession: 0001193125-23-206555
- form_type: 8-K
- ticker: XPOF
- cik: 0001802156
- company_name: Xponential Fitness, Inc.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1802156/000119312523206555/0001193125-23-206555-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1802156/000119312523206555/d530376d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-206555
- JSON: https://secwatch.observer/filing/0001193125-23-206555.json
- Plain text: https://secwatch.observer/filing/0001193125-23-206555.txt

## Key facts
- Material Agreements
  Xponential Fitness, Inc. entered into ASR Agreement with Bank of America, N.A. valued at $50.0 million (effective 2023-08-08).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Bank of America, N.A.
  - Value: $50.0 million
  - Effective: 2023-08-08
  source text: On August 8, 2023, Xponential Fitness, Inc. (the “Company”) entered into an accelerated share repurchase agreement (the “ASR Agreement”) with Bank of America, N.A. (the “ASR Counterparty”) to repurchase an aggregate of $50.0 million of the Company’s Class A common stock, par value $0.0001 per share (the “Common Stock”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1802156/000119312523206555/0001193125-23-206555-index.htm

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