---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-007774"
form_type: "8-K"
ticker: "BODI"
cik: "0001826889"
company_name: "Beachbody Company, Inc."
filed_at: "2026-01-08T23:59:59+00:00"
generated_at: "2026-05-16T11:14:55.181931+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Beachbody amends credit agreement, removes capex covenant, raises liquidity floor to $15M

## Summary
- Minimum liquidity increased from $12M to $15M; maximum capex covenant eliminated.
- Minimum digital subscriptions covenant reduced from 850k to 700k, not tested above cash threshold.
- First interest rate reduction to SOFR+7.75% (from SOFR+9.00%) available for period ending Dec 31, 2026.
- Added Billings Fixed Charge Coverage Ratio of at least 1.10x if covenant testing triggered.
- Cash of $34M vs $25M debt as of Sep 30, 2025; company highlights improved liquidity and flexibility.

## SEC filing metadata
- accession: 0001193125-26-007774
- form_type: 8-K
- ticker: BODI
- cik: 0001826889
- company_name: Beachbody Company, Inc.
- filed_at: 2026-01-08T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826889/000119312526007774/0001193125-26-007774-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826889/000119312526007774/body-20260107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-007774
- JSON: https://secwatch.observer/filing/0001193125-26-007774.json
- Plain text: https://secwatch.observer/filing/0001193125-26-007774.txt

## Key facts
- Material Agreements
  Beachbody Company, Inc. amended Amendment No. 1 to Credit Agreement with Tiger Finance, LLC, as administrative agent and collateral agent valued at The Amended Credit Agreement amends the financial covenants from the Prior Credit Agreement: maximum (effective 2026-01-07).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Tiger Finance, LLC, as administrative agent and collateral agent
  - Value: The Amended Credit Agreement amends the financial covenants from the Prior Credit Agreement: maximum
  - Effective: 2026-01-07
  source text: On January 7, 2026 (the “ Amendment Effective Date ”), The Beachbody Company, Inc. (the “ Company ”) entered into an Amendment No. 1 to Credit Agreement (the “ Amended Credit Agreement ”) among the Company, as the Administrative Borrower (as defined therein), the other Borrowers (as defined therein) party thereto, the lenders party thereto, and Tiger Finance, LLC, as administrative agent and collateral agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826889/000119312526007774/0001193125-26-007774-index.htm

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