Life Time Group Holdings, Inc. announced the closing of a secondary public offering of 23 million shares of its common stock by selling stockholders at a price of $30.40 per share. The company did not receive any proceeds from the offering, which was conducted under an underwriting agreement with J.P. Morgan Securities LLC and BofA Securities, Inc.

The shares were sold pursuant to an effective shelf registration statement on Form S-3, with a related prospectus supplement and accompanying prospectus filed with the SEC. The underwriting agreement includes customary representations, warranties, and indemnification obligations between the company, the selling stockholders, and the underwriters.

The transaction was completed on March 3, 2025.