{"filing":{"accession_number":"0001193125-26-337988","cik":"0001826889","ticker":"BODYW","company_name":"Beachbody Company, Inc.","form":"8-K","filing_date":"2026-08-06","report_date":"2026-08-03","primary_document":"body-20260803.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1826889/000119312526337988/body-20260803.htm"},"events":[{"id":25615,"run_id":23248,"accession_number":"0001193125-26-337988","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.74,"summary":"On August 3, 2026, Beachbody entered into Amendment No. 2 to its Credit Agreement with Tiger Finance, LLC, materially restructuring the Company's debt facility. The amendment eliminates the billings fixed charge coverage ratio covenant, reduces the minimum cash threshold by approximately $7 million, increases the interest rate to SOFR plus 9.00%, and conditionally modifies other financial covenants—changes that reflect financial stress and renegotiation of debt terms material to investors.","company_name":"Beachbody Company, Inc.","ticker":"BODYW","filing_date":"2026-08-06","form":"8-K","submitted_at":null,"items":[{"id":26497,"accession_number":"0001193125-26-337988","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.72,"reasoning":"The filing discloses entry into Amendment No. 2 to a Credit Agreement on August 3, 2026, which materially modifies the Company's existing debt facility with Tiger Finance. While this is technically an amendment rather than a new debt issuance, the substantial restructuring of financial covenants—including elimination of the billings fixed charge coverage ratio, reduction of the minimum cash threshold by ~$7 million, increase in the interest rate to SOFR plus 9.00%, and conditional testing of other covenants—represents a material modification to the Company's direct financial obligations. The covenant relaxations and interest rate increase suggest financial stress and renegotiation of debt terms, which is material to investors assessing the registrant's financial condition and debt obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-09T02:17:21.894454+00:00","company_name":"","ticker":null,"filing_date":""},{"id":26498,"accession_number":"0001193125-26-337988","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The Item 7.01 disclosure references entry into an \"Amended Credit Agreement\" with Tiger Finance, LLC, which constitutes a material modification of an existing direct financial obligation. The amendment restructures financial covenants, reduces cash balance thresholds, and adjusts liquidity requirements—all material terms affecting the Company's debt obligations. While technically an amendment rather than a new issuance, this falls under debt_issuance as the most appropriate category for creation or material modification of direct financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-09T02:17:21.894454+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":26497,"accession_number":"0001193125-26-337988","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.72,"reasoning":"The filing discloses entry into Amendment No. 2 to a Credit Agreement on August 3, 2026, which materially modifies the Company's existing debt facility with Tiger Finance. While this is technically an amendment rather than a new debt issuance, the substantial restructuring of financial covenants—including elimination of the billings fixed charge coverage ratio, reduction of the minimum cash threshold by ~$7 million, increase in the interest rate to SOFR plus 9.00%, and conditional testing of other covenants—represents a material modification to the Company's direct financial obligations. The covenant relaxations and interest rate increase suggest financial stress and renegotiation of debt terms, which is material to investors assessing the registrant's financial condition and debt obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-09T02:17:21.894454+00:00","company_name":"Beachbody Company, Inc.","ticker":"BODYW","filing_date":"2026-08-06"},{"id":26498,"accession_number":"0001193125-26-337988","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The Item 7.01 disclosure references entry into an \"Amended Credit Agreement\" with Tiger Finance, LLC, which constitutes a material modification of an existing direct financial obligation. The amendment restructures financial covenants, reduces cash balance thresholds, and adjusts liquidity requirements—all material terms affecting the Company's debt obligations. While technically an amendment rather than a new issuance, this falls under debt_issuance as the most appropriate category for creation or material modification of direct financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-09T02:17:21.894454+00:00","company_name":"Beachbody Company, Inc.","ticker":"BODYW","filing_date":"2026-08-06"}]}
