Beachbody Company, Inc. (BODI) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: November 10, 2025

Risk Assessment Details

Potential Dilution: 777.17% of current shares
Recent Dilution: 5.21% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
4.4M
Potential Supply
34M
Additional shares possible
Splits
None
Past 2 years

Summary

BODI currently has 4.36M outstanding shares. with significant dilution risk as 33.9M authorized shares could dilute existing holders by 777.2%. The company has minimally diluted shareholders by 5.21% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Nov 10, 2025

10-Q filing | 4.4M shares outstanding

4.4M 34M
May 15, 2025

10-Q filing | 4.3M shares outstanding

4.3M 34M
Mar 28, 2025

10-K filing | 4.3M shares outstanding

4.3M 34M
Nov 12, 2024

10-Q filing | 4.2M shares outstanding

4.2M 34M
Oct 21, 2024

8-K filing: The Beachbody Company, Inc. entered into Amendment No. 6 to its Financing Agreement, modifying financial covenants and amortization provisions. Additionally, the company amended the exercise price of warrants to purchase 97,482 shares of Class A Common Stock from $9.16 to $6.26.

4.2M 34M
Aug 06, 2024

10-Q filing | 4.2M shares outstanding

4.2M 34M
Jun 10, 2024

S-1/A filing: This S-1/A filing relates to the resale of up to 543,590 shares of Class A Common Stock issuable upon the exercise of outstanding warrants.

4.1M 34M
May 16, 2024

POS AM filing: This POS AM filing discusses a December 2023 private placement where the company sold Common Warrants to purchase up to 543,590 shares of Class A Common Stock.

4.1M 34M
May 06, 2024

10-Q filing | 4.1M shares outstanding

4.1M 34M
Apr 30, 2024

POS AM filing: This prospectus relates to the resale of common stock and warrants by selling shareholders and the issuance of common stock upon exercise of outstanding warrants.

4.1M 34M
Apr 30, 2024

S-1/A filing: This prospectus relates to the resale from time to time, by the selling shareholders of up to 543,590 shares of Class A common stock issuable upon exercise of the Common Warrants.

4.1M 34M
Apr 08, 2024

8-K filing: The Beachbody Company, Inc. amended its Financing Agreement and warrants to purchase shares of Class A common stock.

4.1M 49M
Mar 11, 2024

10-K filing | 4.1M shares outstanding

4.1M 49M
Jan 24, 2024

S-1 filing: This prospectus relates to the resale from time to time, by the selling shareholders identified in this prospectus of up to 543,590 shares of Class A Common Stock issuable upon exercise of the Common Warrants.

4.1M 49M
Nov 07, 2023

10-Q filing | 176.3M shares outstanding

180M 49M
Oct 02, 2023

S-3 filing: The Beachbody Company, Inc. is filing a shelf registration statement for the potential sale of up to $50 million in the aggregate of common stock, preferred stock and debt securities.

130M 49M
Aug 08, 2023

10-Q filing | 176.2M shares outstanding

180M 49M
May 08, 2023

10-Q filing | 177.2M shares outstanding

180M 49M
Mar 16, 2023

10-K filing | 170.9M shares outstanding

170M 49M
Nov 09, 2022

10-Q filing | 170.9M shares outstanding

170M 49M
Aug 08, 2022

10-Q filing | 170.3M shares outstanding

170M 49M
May 09, 2022

10-Q filing | 169.5M shares outstanding

170M 49M
Mar 01, 2022

10-K filing | 169.0M shares outstanding

170M 49M
Nov 15, 2021

10-Q filing | 168.2M shares outstanding

170M 49M
Aug 12, 2021

10-Q filing | 166.9M shares outstanding

170M 49M
Jul 23, 2021

S-1 filing: This S-1 filing registers shares of common stock and warrants for The Beachbody Company, Inc., including shares issued in connection with a business combination, shares issued to Forest Road Acquisition Sponsor, LLC, shares issued in private placements, and shares reserved for issuance upon the exercise of options and warrants.

30M 49M
May 17, 2021

10-Q filing | 30.0M shares outstanding

30M 33M
Mar 26, 2021

10-K filing | 30.0M shares outstanding

30M 33M
Jan 13, 2021

8-K filing: Forest Road Acquisition Corp. consummated its initial public offering of 30,000,000 units at $10.00 per unit, generating gross proceeds of $300,000,000, and announced that the holders of the Units may elect to separately trade shares of the Class A Common Stock and the Warrants comprising the Units commencing on January 15, 2021. ($300.0M proceeds)

N/A 33M
Dec 01, 2020

8-K filing: Forest Road Acquisition Corp. completed its initial public offering of 30,000,000 units at $10.00 per unit, generating gross proceeds of $300,000,000, and simultaneously completed the private sale of 5,333,333 warrants to the Sponsor at $1.50 per warrant, generating gross proceeds of $8,000,000. ($308.0M proceeds)

N/A 33M
Nov 19, 2020

S-1/A filing: This S-1/A filing registers shares of Class A common stock and redeemable warrants as part of units, with an estimated total amount of $250,000,000.

N/A 33M
Oct 08, 2020

S-1 filing: This is an initial public offering of units consisting of one share of Class A common stock and one-third of one redeemable warrant at $10.00 per unit.

N/A 30M
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