Jonathan Congdon Amends Beachbody SEC Filing
Ticker: BODYW · Form: SC 13D/A · Filed: Mar 25, 2024 · CIK: 1826889
| Field | Detail |
|---|---|
| Company | Beachbody Company, Inc. (BODYW) |
| Form Type | SC 13D/A |
| Filed Date | Mar 25, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, ownership-change, amendment
Related Tickers: BODY
TL;DR
Congdon updated his Beachbody 13D filing. Nothing major changed, just address.
AI Summary
Jonathan Congdon, formerly associated with Forest Road Acquisition Corp., has filed an amendment (No. 2) to Schedule 13D for The Beachbody Company, Inc. The filing, dated March 21, 2024, indicates a change in reporting by Congdon, whose mailing address is now C/O Rockefeller Capital Management in Saratoga Springs, NY.
Why It Matters
This filing indicates a change in the reporting of beneficial ownership for Beachbody, potentially signaling shifts in stakeholder influence or strategy.
Risk Assessment
Risk Level: low — The filing is an amendment to a previous filing and does not appear to disclose new significant holdings or changes in control.
Key Players & Entities
- Jonathan Congdon (person) — Filing person
- The Beachbody Company, Inc. (company) — Subject company
- Forest Road Acquisition Corp. (company) — Former company name associated with filer
- Rockefeller Capital Management (company) — New mailing address provider for filer
FAQ
What is the purpose of this SC 13D/A filing?
This filing is an amendment (Amendment No. 2) to a Schedule 13D, indicating a change in the information previously reported by Jonathan Congdon regarding his beneficial ownership of The Beachbody Company, Inc. securities.
Who is Jonathan Congdon?
Jonathan Congdon is the individual filing this Schedule 13D/A, and he is associated with the reporting of beneficial ownership for The Beachbody Company, Inc. His previous association was with Forest Road Acquisition Corp.
What is the subject company?
The subject company is The Beachbody Company, Inc., with CUSIP number 073463309.
When was the event requiring this filing?
The date of the event which requires filing of this statement is March 21, 2024.
Has Jonathan Congdon previously filed a Schedule 13G?
The filing states, 'If the filing person has previously filed a statement on Schedule 13G to report the acquisition whic', implying a potential prior filing of Schedule 13G, but the specific details are cut off in the provided text.
Filing Stats: 1,153 words · 5 min read · ~4 pages · Grade level 10.2 · Accepted 2024-03-25 17:47:26
Key Financial Figures
- $0.0001 — suer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securiti
Filing Documents
- d802472dsc13da.htm (SC 13D/A) — 38KB
- 0001193125-24-076662.txt ( ) — 39KB
of the Schedule 13D is hereby amended and restated in its entirety as follows
Item 2 of the Schedule 13D is hereby amended and restated in its entirety as follows: (a) This Amendment is filed by Jonathan Congdon (the Reporting Person). (b) The business address of the Reporting Persons is Jonathan Congdon, c/o Rockefeller Capital Management, 321 Broadway, Suite 300 Saratoga Springs, NY 12866-4110. (c) The Reporting Person is currently the Chief Executive Officer of Multi Sensory Technologies, LLC, a furniture manufacturing company that utilizes vibro-acoustic technology, with an address of c/o Jonathan Congdon, Rockefeller Capital Management, 321 Broadway, Suite 300 Saratoga Springs, NY 12866-4110. This Amendment further confirms that effective November 15, 2021, the Reporting Person ceased to be the Chief Executive Officer of Openfit, a subsidiary of the Issuer, and ceased to be Vice Chairman of the Issuer, and retired from employment with the Issuer, effective December 31, 2022. (d) Within the last five years, the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the last five years, the Reporting Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree, or final order enjoining future violations of, or prohibiting or mandating activity subject to, federal or state securities laws or finding any violations with respect to such laws. (f) The Reporting Person is a citizen of the United States. Item5. Interest in Securities of the Issuer
of the Schedule 13D is hereby amended and restated in its entirety as follows
Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows: (a) The Reporting Person beneficially owns 285,195 shares of the Class A Common Stock, or approximately 6.95% of the outstanding shares of Class A Common Stock. This percentage is based on 4,101,895 shares of Class A Common Stock outstanding on March 3, 2024, as disclosed in the Issuers Annual Report on Form 10-K filed on March 11, 2024. (b) The Reporting Person has the sole power to vote and dispose, or direct the disposition, of 285,195 shares of the Class A Common Stock. (c) The Reporting Person has not engaged in any transaction with respect to the Class A Common Stock or Class X Common Stock during the sixty days prior to the date of filing of this Amendment, other than sales in open market transactions set forth below: Date Number of Shares of Class A Common Stock Price per share March 7, 2024 1,494 $ 10.03 March 12, 2024 100 $ 10.75 March 12, 2024 9,187 $ 10.54 March 12, 2024 9,720 $ 10.42 March 14, 2024 6,366 $ 9.54 March 20, 2024 5,354 $ 9.01 March 21, 2024 14,646 $ 9.47 CUSIP No. 073463309 13D Page 3 of 4 Pages (d) Not applicable. (e) Not applicable. CUSIP No. 073463309 13D Page 4 of 4 Pages
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date : March 25, 2024 /s/ Jonathan Congdon Jonathan Congdon