Forest Road Acquisition Corp.: directors' dealings · United States · SEC (Form 4)

About Forest Road Acquisition Corp.

Forest Road Acquisition Corp. was originally established in the United States as a Delaware-incorporated SPAC on September 24, 2020, with the sole purpose of completing a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more operating businesses. In other words, Forest Road started life as a blank-check acquisition vehicle rather than as a conventional operating company. In its SEC transaction documents, the company stated its intent to change its name to The Beachbody Company, Inc. following closing of the business combination, which is why the BODY ticker is now associated with a consumer wellness platform rather than with a standalone SPAC structure. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1826889/000119312521166126/d111487ds4a.htm?utm_source=openai)) For international investors, the practical market reference is the U.S. NASDAQ listing under BODY, with the company headquartered in El Segundo, California, United States. The corporate headquarters are at 400 Continental Blvd, Suite 400. The business today is The Beachbody Company, Inc., operating under the BODi brand, and it describes itself as a proactive wellness company that delivers nutrition products, dietary supplements, and proven fitness programs designed to help consumers manage health, weight, and long-term habit formation. Its portfolio includes flagship nutrition products such as Shakeology and well-known fitness franchises including P90X, INSANITY, and 21-Day Fix. ([thebeachbodycompany.com](https://thebeachbodycompany.com/news/news-details/2026/Beachbody-BODi-Reports-First-Quarter-Financial-Results/default.aspx?utm_source=openai)) Strategically, BODi sits in the digital fitness and wellness subscription market, a category that blends content, consumer brands, and recurring revenue. That positioning gives it a different competitive profile from traditional gyms or single-category supplement companies: the company is monetizing a mix of digital programs, branded nutrition, and community-based engagement. Management also highlights nearly three decades of heritage in home fitness and more than 30 million customers served since inception, which supports brand recognition even as the company transitions its business model. The competitive moat is therefore less about physical infrastructure and more about brand equity, product breadth, and the ability to retain subscribers and cross-sell nutrition. ([thebeachbodycompany.com](https://thebeachbodycompany.com/news/news-details/2026/Beachbody-BODi-Reports-First-Quarter-Financial-Results/default.aspx?utm_source=openai)) Recent corporate news suggests an ongoing operational reset. In January 2026, the company announced an amendment to its credit agreement, signaling continued balance-sheet management. In March 2026 and again in May 2026, BODi reported quarterly and full-year results that it said reflected improved profitability, including consecutive quarters of positive net income and operating income in its latest disclosures. In February 2026, the company also launched P90X Generation Next in New York, using one of its most recognizable legacy brands to reinforce consumer relevance. Overall, BODY should be viewed as a U.S.-listed NASDAQ wellness and subscription business in the United States, with a history rooted in SPAC-origin capital markets and a current strategy centered on nutrition-led growth and digital fitness monetization. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1826889/000119312526219390/body-ex99_1.htm?utm_source=openai))