The beachbody company, inc. announces sale and leaseback agreement further strengthening the company's liquidity position

El segundo, calif.--(business wire)--the beachbody company, inc. (nyse: bodi) (“bodi” or the “company”), a leading subscription health and wellness company, today announced that it has sold its van nuys production facility which had a net carrying value of $4.8 million at december 31, 2023, for $6.2 million. simultaneous with the sale, the company entered into a five-year lease of the facility, with two options to extend the lease for a period of three years each. the company used the net proce.
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