Will equinox raise $500m before going public?

The gym chain is reportedly raising up to $500M. Equinox hopes to raise $300–500M in new capital ahead of going public. After a SPAC merger failed to materialize last year, a cash injection could help the company find its footing before making another run at the public markets, according to a WSJ report.

Is Equinox Holdings about to go public?

Equinox Holdings is in talks to go public via a merger with one of Chamath Palihapitiya's SPACs, according to a Bloomberg report. The luxury gym owner could be valued at more than $7.5 billion if it goes public with Palihapitiya's Social Capital Hedosophia Holdings Corp. VI SPAC vehicle, a person familiar with the matter told Bloomberg.

Will equinox get a cash injection before going public?

Equinox hopes to raise $300–500M in new capital ahead of going public. After a SPAC merger failed to materialize last year, a cash injection could help the company find its footing before making another run at the public markets, according to a WSJ report. As gyms begin to rebound, Equinox is plotting its next move.