{"id":537684,"date":"2021-09-13T17:07:02","date_gmt":"2021-09-13T21:07:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/life-time-announces-filing-of-registration-statement-for-proposed-initial-public-offering\/"},"modified":"2021-09-13T17:07:02","modified_gmt":"2021-09-13T21:07:02","slug":"life-time-announces-filing-of-registration-statement-for-proposed-initial-public-offering","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/life-time-announces-filing-of-registration-statement-for-proposed-initial-public-offering\/","title":{"rendered":"Life Time Announces Filing of Registration Statement for Proposed Initial Public Offering"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">CHANHASSEN, Minn.<\/span>, <span class=\"xn-chron\">Sept. 13, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Life Time Group Holdings, Inc.\u00a0(&#8220;Life Time&#8221;) announced today that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (&#8220;SEC&#8221;) relating to a proposed initial public offering of its common stock. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Life Time intends to apply to list its common stock on The New York Stock Exchange under the symbol &#8220;LTH&#8221;.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1393351\/Life_Time_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1393351\/Life_Time_Logo.jpg\" title=\"Life Time, Inc. (PRNewsfoto\/Life Time, Inc.)\" alt=\"Life Time, Inc. (PRNewsfoto\/Life Time, Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Goldman Sachs &amp; Co. LLC, Morgan Stanley (in alphabetical order) and BofA Securities are acting as joint lead book-running managers for the proposed offering. Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Wells Fargo Securities, BMO Capital Markets Corp., Mizuho Securities <span class=\"xn-location\">USA<\/span> LLC and RBC Capital Markets, LLC are acting as joint book-running managers, and Guggenheim Securities, LLC, Oppenheimer &amp; Co. Inc., BTIG, LLC and TPG Capital BD, LLC are acting as co-managers for the offering. <\/p>\n<p>The offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to this offering, when available, may be obtained from: Goldman Sachs &amp; Co. LLC, Attn: Prospectus Department, 200 West Street, <span class=\"xn-location\">New York, NY<\/span> 10282, <a target=\"_blank\" href=\"mailto:prospectus-ny@ny.email.gs.com\" rel=\"nofollow noopener\">prospectus-ny@ny.email.gs.com<\/a>, Morgan Stanley &amp; Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2<sup>nd<\/sup> Floor, <span class=\"xn-location\">New York, NY<\/span> 10014 and BofA Securities, Attn: Prospectus Department, NC1-004-03-43, 200 North College Street, 3<sup>rd<\/sup> Floor, <span class=\"xn-location\">Charlotte, NC<\/span> 28255-0001, <a target=\"_blank\" href=\"mailto:Dg.prospectus_requests@bofa.com\" rel=\"nofollow noopener\">Dg.prospectus_requests@bofa.com<\/a>.<\/p>\n<p>A registration statement on Form S-1 relating to the proposed offering has been publicly filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. <\/p>\n<p>This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.<\/p>\n<p>\n        <b>About Life Time<sup>\u00ae<br \/><\/sup><\/b>Over nearly 30 years, Life Time has reshaped the way consumers approach their health through omnichannel, healthy way of life communities that address all aspects of healthy living, healthy aging and healthy entertainment. More than 30,000 Life Time professionals are dedicated to providing the best programs and experiences at more than 150 Life Time athletic resort destinations in <span class=\"xn-location\">the United States<\/span> and <span class=\"xn-location\">Canada<\/span>, and via a complementary, comprehensive digital platform and portfolio of iconic athletic events \u2013 all with the objective of inspiring healthier, happier lives. <\/p>\n<p>\n        <b>Cautionary Statement Concerning Forward-Looking Statements<br \/><\/b>Certain statements contained in this press release constitute forward-looking statements, including with respect to the proposed initial public offering. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management&#8217;s control. These statements involve risks and uncertainties that may cause Life Time&#8217;s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, Life Time assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.<\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG05130&amp;sd=2021-09-13\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/life-time-announces-filing-of-registration-statement-for-proposed-initial-public-offering-301375726.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/life-time-announces-filing-of-registration-statement-for-proposed-initial-public-offering-301375726.html<\/a><\/p>\n<p>SOURCE  Life Time, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CG05130&amp;Transmission_Id=202109131703PR_NEWS_USPR_____CG05130&amp;DateId=20210913\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire CHANHASSEN, Minn., Sept. 13, 2021 \/PRNewswire\/ &#8212;\u00a0Life Time Group Holdings, Inc.\u00a0(&#8220;Life Time&#8221;) announced today that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (&#8220;SEC&#8221;) relating to a proposed initial public offering of its common stock. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Life Time intends to apply to list its common stock on The New York Stock Exchange under the symbol &#8220;LTH&#8221;. Goldman Sachs &amp; Co. LLC, Morgan Stanley (in alphabetical order) and BofA Securities are acting as joint lead &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/life-time-announces-filing-of-registration-statement-for-proposed-initial-public-offering\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Life Time Announces Filing of Registration Statement for Proposed Initial Public Offering&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-537684","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Life Time Announces Filing of Registration Statement for Proposed Initial Public Offering - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/life-time-announces-filing-of-registration-statement-for-proposed-initial-public-offering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Life Time Announces Filing of Registration Statement for Proposed Initial Public Offering - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire CHANHASSEN, Minn., Sept. 13, 2021 \/PRNewswire\/ &#8212;\u00a0Life Time Group Holdings, Inc.\u00a0(&#8220;Life Time&#8221;) announced today that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (&#8220;SEC&#8221;) relating to a proposed initial public offering of its common stock. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Life Time intends to apply to list its common stock on The New York Stock Exchange under the symbol &#8220;LTH&#8221;. Goldman Sachs &amp; Co. 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