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After a rocky road to public trading, Aussie-born fitness empire F45 has finally listed, closing its first day trading on the New York Stock Exchange with a valuation of almost $2 billion.
The IPO raised $325 million for the business, and the share price saw a modest increase of 1.3% on its first day of trading — from US$16 ($21.54) to US$17.20 ($23.16) — giving F45 a market cap of US$1.46 billion ($1.95 billion).
The listing follows a tumultuous year for F45. It comes just over 12 months after it announced it was listing on the NASDAQ through a merger with special purpose acquisition company, or
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