Life Time Group Holdings, Inc.

Life Time Group Holdings, Inc. (LTH) priced its initial public offering on Oct 8, 2021 at $18.00 per share, within its $18.00–$21.00 range, raising $702M, and listed on NYSE. At the IPO price its market capitalization was about $3.45B. Goldman Sachs was lead-left underwriter, joined by Morgan Stanley, BofA Securities and Deutsche Bank and others. Latham & Watkins advised the company and Davis Polk advised the underwriters.

Status

IPO

Ticker

LTH

Exchange

NYSE

Priced

Oct 8, 2021

IPO price

$18.00

Price range

$18.00–$21.00

Raised

$702M

Market cap at IPO price

$3.45B

First filed

Sep 13, 2021

Underwriters

Goldman Sachs, Morgan Stanley, BofA Securities, Deutsche Bank, J.P. Morgan, Wells Fargo, BMO Capital Markets, Mizuho, RBC Capital Markets, BTIG, Guggenheim and Oppenheimer

Company counsel

Latham & Watkins

Underwriters' counsel

Davis Polk

Sector

Consumer

Country / state

MN

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.