Digital fitness platform Forme files for IPO

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Digital fitness platform Forme files for IPO
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Forme, a digital fitness platform, filed for an initial public offering on Tuesday with plans to list on Nasdaq, under the ticker ‘TRNR.’ Aegis Capital Corp....

Forme, a digital fitness platform, filed for an initial public offering on Tuesday with plans to list on Nasdaq, under the ticker ‘TRNR.’ Aegis Capital Corp. is sole underwriter on the deal. Proceeds will be used for general corporate purposes and working capital, as well as marketing, technology development and capex. The company is loss-making and have revenue of $402,000 in the nine months to Sept. 30, up from $160,000 in the year-earlier period.

Forme, a digital fitness platform, filed for an initial public offering on Tuesday with plans to list on Nasdaq, under the ticker ‘TRNR.’ Aegis Capital Corp. is sole underwriter on the deal. Proceeds will be used for general corporate purposes and working capital, as well as marketing, technology development and capex. The company is loss-making and have revenue of $402,000 in the nine months to Sept. 30, up from $160,000 in the year-earlier period.

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