Initial public offerings or IPOs are known as a great way for investors to get good returns in a relatively short time. On average, they can bring 40% in the first 3 months. IPOs are a common way for companies to continue their growth by becoming public and selling their shares on the open market. If you know about the insurance business you may have asked, “is Equinox publicly traded?” Read on to find out about Equinox stock IPO and all the important information about Equinox IPO date and price.

Equinox History

Equinox started out as a single fitness club in the Upper West Side and has now become an international company that operates over a hundred gyms all around the world and even branched out into the hotel industry in 2019.

Equinox is a luxury lifestyle and health-focused brand that offers members a variety of fitness programs and services. These include strength training, cardio training, group fitness classes, private personal training, pilates classes and instructor training, spa services as well as apparel and accessories. Equinox also owns and operates Precision Run, Project by Equinox, Equinox Explore, Equinox Media, PURE Yoga, Blink Fitness, and Soul Cycle. With a range of options available to members, they can tailor their fitness journey to reach their individual goals.

Equinox and its locations are living up to the corporate tag-line of 'High Performance Living.' Every Equinox location features upscale amenities and design elements such as deluxe spas, luxury locker rooms, and state-of-the-art equipment for exercisers of all levels. With an emphasis on health and wellness, Equinox continues to be a leader in the fitness industry.

What started as a single upscale fitness center turned into a large successful business, although because Equinox remained a private company, the details about both of its fundraising rounds were not made publicly available, just like much about the company’s revenue. 

Read on to find out about Equinox IPO 2023 and other key info.

Equinox Public Listing Key Data and IPO Date

Equinox IPO Date: TBA
Ticker: N/A
Exchange: N/A
IPO stock price: N/A
Valuation pre-IPO: $9 billion
Market cap: N/A
CEO: Harvey Spevak
Category: N/A

However, by 2021 the management must have been already asking themselves “when is Equinox going public?” In May 2021, the company had negotiations regarding an Initial Public Offering (IPO) with SPAC-company Social Capital Hedosophia Holdings Corp. Knowledgeable insiders suggested that a potential valuation of the brand could reach up to $9 billion. But by July the talks ended and the IPO was postponed.

In April 2022, there were reports that the company was raising $500 and renewed its IPO bid. It’s unclear whether this time they would be looking to do it though a SPAC. Likely not after so many of them failed in 2020-2021.

If Equinox does proceed with an IPO, they are more likely to have an IPO on the NYSE like many traditional non-tech businesses do.

While no official announcements have been made, there is no information about the Equinox IPO price and stock symbol yet.

CEO and co-founder Adam Foroughi, who owns 27.9 million shares, saw his net worth increase to $2.2 billion around the time of their IPO date.

Want to see how Equinox has done since the IPO? Download Gainy to see smart company insights and metrics

So What About Investing Now?

Since the Equinox IPO didn’t happen in 2021 or in 2022 and the company remains private. 

Perhaps some fans of this cool fitness company can’t wait to invest in Equinox shares, but all they have left to do is sit and wait for their IPO date. Or maybe do like some situps instead.

The company’s management seem to have expressed their desire to renew their IPO bid. We also haven’t heard much news since that announcement in April 2022.

In-person fitness brands such as Xponential Fitness, F45 Training, and Life Time have seen success in their Initial Public Offerings (IPO's) last year. On the other hand, Peloton, iFIT, and Beachbody have experienced a slowdown in sales and had to restructure accordingly. 

Equinox is preparing to leverage the current rally of in-person gyms, coupled with new capital from investors such as Stephen Ross's Related Companies and private equity firm L Catterton, in order to be able to capitalize on their strong brand affinity.

Investments like IPOs are speculative and much riskier than big companies with proven business models, robust earnings, and potential to scale. While it’s fun to try, don’t rely on IPOs to bring you money, timing the market is hard. An even better approach is to build a balanced portfolio of stocks in an industry you know or believe in. Download Gainy to check out TTF stock collections to invest in themes you like.

Check out our IPO section to look at other scheduled IPOs. If you want to find companies that match your interests, investment goals and portfolio, try Gainy for some great IPO investment ideas, as well as established blue-chip companies and a variety of other assets.


Is Equinox a public company?

No, the Equinox stock IPO date was going to be sometime in 2021, but it did not happen but the company seems to be willing to renew its IPO bid.

Is Equinox Software Inc. a SPAC?

Equinox was in talks about merging with Social Capital Hedosophia Holdings Corp., which is a special purpose acquisition company (SPAC). But the deal fell through. Maybe next time they will decide to do a traditional IPO instead.

Download Gainy to discover the best stock collections and invest in your favorite industries
Try Gainy
What’s the next big thing?
See other hot upcoming IPOs on the main page
Discover a world of thematic investing with thematic trading fractional
Try Gainy
See also
Show more