---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-337988"
form_type: "8-K"
ticker: "BODI"
cik: "0001826889"
company_name: "Beachbody Company, Inc."
filed_at: "2026-08-06T20:09:23+00:00"
generated_at: "2026-08-06T20:12:17.684652+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# BODi amends credit facility with Tiger Finance; lowers cash covenant threshold, eliminates billings coverage ratio

## Summary
- Minimum cash threshold for covenant testing reduced from ~$29.6M to $22.5M; billings fixed charge coverage ratio eliminated.
- Interest rate increased to SOFR + 9.00% (step-down removed); previously SOFR + 7.75% after step-down.
- Minimum liquidity increased from $15M to $18M, stepping down monthly from March 2027 to $16M.
- Minimum digital subscriptions covenant reduced to 650k through Dec 2026, then 550k; only tested if cash below $22.5M.
- Cash position $36.6M vs debt $23.6M as of March 31, 2026; company cites strengthened balance sheet.

## SEC filing metadata
- accession: 0001193125-26-337988
- form_type: 8-K
- ticker: BODI
- cik: 0001826889
- company_name: Beachbody Company, Inc.
- filed_at: 2026-08-06T20:09:23+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826889/000119312526337988/0001193125-26-337988-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826889/000119312526337988/body-20260803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-337988
- JSON: https://secwatch.observer/filing/0001193125-26-337988.json
- Plain text: https://secwatch.observer/filing/0001193125-26-337988.txt

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