Equinox will no longer go public after negotiations fall through
In July 2021, Equinox announced it will no longer go public after negotiations with Social Capital Hedosophia Holdings Corp, which also operates Soul Cycle, fell through. Equinox indicated there was disagreement over its evaluation.
Discontinued ActivityIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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