secwatch.observer — SEC 8-K summary
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Issuer:     F45 Training Holdings Inc. (—)
CIK:        0001788717
Form:       8-K
Filed at:   2023-07-14T23:59:59+00:00
Accession:  0001788717-23-000042
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

F45 appoints Patrick Grosso as interim CFO, Ryan Mayes as COO; extends CFO search deadline to 240 days
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- Patrick Grosso (Chief Legal Officer) adds interim CFO role; base salary $700k, target bonus $525k.
- Ryan Mayes promoted from Chief Strategy Officer to COO; base salary $575k, target bonus $431,250.
- Luke Armstrong's employment agreement amended as CRO; base $780k, target $585k.
- Side letter with Kennedy Lewis extends permanent CFO search timeline from 60 to 240 days.
- Previous interim CFO Robert Madore resigned on July 9, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1788717/000178871723000042/0001788717-23-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1788717/000178871723000042/f45-20230713.htm
  HTML page:      https://secwatch.observer/filing/0001788717-23-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer