Latham & Watkins Represents Life Time in US$590 Million Secondary Offering

Life Time Group Holdings, Inc. (NYSE: LTH) has announced the pricing of the previously announced underwritten secondary offering of 20,000,000 shares of the company's common stock by certain selling stockholders, resulting in total gross proceeds of US$590 million, before deducting underwriting discounts and commissions. The offering is expected to close on June 6, 2025, subject to the satisfaction of customary closing conditions.

Latham & Watkins LLP represents Life Time in the offering with a Capital Markets team led by Washington, D.C./New York partner Jason Licht and Washington, D.C. counsel Christopher Cronin and Jessica Lennon, with associates Brooke Padgett and Wyatt Wisnosky. Advice was also provided on corporate matters by New York partner John Giouroukakis; and on tax matters by Chicago partners Rene de Vera and Joseph Kronsnoble, with associate Jay Khurana.