Life Time IPO: Fitness Company to Go Public on NYSE by Investment U

A Life Time IPO is coming to the NYSE. The company is returning to the public markets after years as a privately held company. The Life Time IPO filing lays out the hit that the company took from COVID-19.Life Time Impacted by COVID-19. Life Time plans to open six new locations by the end of the year and 20 or more locations by 2022 and 2023, according to the company filing. Life Time reported that the company has already witnessed a strong recovery and substantial momentum over its 2020 figures. Detailed financial information is in the Life Time IPO prospectus, allowing you to gain more insight into the company’s finances. Life Time will trade under the ticker symbol LTH. The company plans to sell 46.2 million shares of common stock. An offering at the top end of the range would make the Life Time IPO the largest ever by a Minnesota public company.