Xponential Fitness (XPOF) has released an update.
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Xponential Fitness, Inc. has modified its financing agreement, securing an additional $38.7 million in term loans to refinance existing debt and cover related costs. The amendment extends the loan maturity to March 15, 2026. Additionally, the company announced a salary increase for its President, Sarah Luna, boosting her annual base to $450,000 with a 50% bonus opportunity, signaling strong leadership and financial strategy as it navigates the market.
For further insights into XPOF stock, check out TipRanks’ Stock Analysis page.