Australian fitness chain F45 Training is set to list on the US Nasdaq exchange after striking a deal to merge with Crescent Acquisition, a special purpose acquisition company backed by investment firm Crescent Capital.
F45 franchises offer 45 minute fitness classes based on functional high intensity interval and circuit training.The fitness chain was started in Australia in 2012 by Mr Gilchrist, Rob Deutsch and Luke Istomin and has grown rapidly to more than 1900 outlets around the world, including 500 in Australia.
"As a public company, I am confident that we will be able to accelerate our mission, while creating value for our shareholders," Mr Gilchrist said.
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Yuck, dont support this racist.