Life Time Group Holdings announced that the company and certain of its existing stockholders intend to offer and sell 6M shares and 6M shares, respectively, of the company’s common stock in an underwritten public offering pursuant to Life Time’s shelf registration statement filed with the SEC. Morgan Stanley and BofA Securities are acting as lead active book-running managers and Deutsche Bank Securities and Wells Fargo Securities are acting as active book-running managers for the proposed offering. Evercore ISI and Guggenheim Securities are also acting as book-running managers for the proposed offering.
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