Business
Voss Capital Issues Open Letter to the Board of Xponential Fitness
Contends that Club Pilates — its Crown Jewel — is Worth More than XPOF’s Current Enterprise Value Calls on the Board to Immediately Retain Independent Financial Advisors and Form a Committee of Independent Directors to Explore Strategic Alternatives, including a Potential Sale of the Company HOUSTON, March 04, 2026 (GLOBE NEWSWIRE) -- Voss Capital, L.P. (together with certain of its affiliates, “Voss Capital” or “we”), the largest stockholder of Xponential Fitness, Inc. (NYSE: XPOF) (“XPOF” or t
About this update from Xponential Fitness, Inc.
[{"type":"text","content":"Contends that Club Pilates — its Crown Jewel — is Worth More than XPOF’s Current Enterprise Value","length":97,"tagName":"p"},{"type":"text","content":"Calls on the Board to Immediately Retain Independent Financial Advisors and Form a Committee of Independent Directors to Explore Strategic Alternatives, including a Potential Sale of the Company ","length":194,"tagName":"p"},{"type":"text","content":"HOUSTON, March 04, 2026 (GLOBE NEWSWIRE) -- Voss Capital, L.P. (together with certain of its affiliates, “Voss Capital” or “we”), the largest stockholder of Xponential Fitness, Inc. (NYSE: XPOF) (“XPOF” or the “Company”) with beneficial ownership of approximately 19.3% of the Company’s outstanding shares of common stock, today issued an open letter to the Company’s board of directors (the “Board”) urging the Board to immediately explore strategic alternatives.","length":464,"tagName":"p"},{"type":"text","content":"The full text of the letter follows.","length":36,"tagName":"p"},{"type":"text","content":"Voss Capital, L.P.3773 Richmond Ave. Suite #500Houston, TX 77046","length":66,"tagName":"p"},{"type":"text","content":"Board of Directors","length":18,"tagName":"p"},{"type":"text","content":"Xponential Fitness, Inc.17877 Von Karman Ave, Suite 100Irvine, California 92614","length":81,"tagName":"p"},{"type":"text","content":"March 4th, 2026","length":15,"tagName":"p"},{"type":"text","content":"The Time Has Come to Engage Financial Advisors to Explore a Sale of Xponential Fitness, Inc.","length":92,"tagName":"p"},{"type":"text","content":"Dear Members of the Board of Directors,","length":39,"tagName":"p"},{"type":"text","content":"We write to you as Xponential Fitness, Inc.’s (“XPOF” or the “Company”) largest shareholder, beneficially owning approximately 19.3% of XPOF’s (NYSE: XPOF) outstanding Class A common stock. We have been shareholders for several years and have always maintained the belief that Club Pilates — now with 1,414 global studios, seven times bigger than the next closest competitor, and sporting nearly $1 million AUVs — is one of the most valuable and competitively entrenched franchise assets in the consumer wellness space. We also believe the public market valuation of XPOF stock has been a profound and persistent misrepresentation of that value.","length":645,"tagName":"p"},{"type":"text","content":"We are therefore w...