GRIT BXNG Launches Private Placement Opportunities for New Boxing Fitness Chain
Posted: August 22, 2019 in Chains
NEW YORK, N.Y. – Bill Zanker, the motivational impresario who founded The Learning Annex, has teamed up with Tony Robbins, one of the world’s leading life strategists, and Pitbull, the entertainment superstar, to launch a new boxing fitness concept, GRIT BXNG. GRIT BXNG has now announced the launch of a private placement offering that allows qualified investors the opportunity to invest in the company and assist in its goal of redefining fitness. A portion of the proceeds from this offering will go towards building out the second GRIT BXNG location.
The company is pleased to further announce that they have signed a lease for the second location, which will be in the Castro neighborhood of San Francisco, CA. The successful opening of the New York location along with the planned expansion into California marks the beginning of the company’s growth plans. Individuals interested in learning more about the GRIT BXNG investment opportunity can visit banq.co/gritprivate.
GRIT BXNG successfully opened its flagship location in the Union Square neighborhood of Manhattan, NY on August 8, 2019. Classes utilize nine rounds of intervals to create a unique training regimen and feature influences from both Pitbull and Robbins inside the studio. The GRIT BXNG 50-minute signature concept method delivers high intensity, group fitness classes, with all the fundamentals of boxing at its core. Oversize video screens and a sophisticated light and sound system come together to make a workout feel like a night out. GRIT’s focus on developing a close-knit community has influenced the design of its flagship New York studio, which includes a bar that serves alcoholic and non-alcoholic beverages after 4pm every night. During the day and throughout the week, the bar serves complimentary cold brew and kombucha on tap to its guests.
TriPoint Global Equities, LLC, working with its online division BANQ® (www.banq.co), is acting as the lead managing selling agent for the offering. GRIT BXNG intends to use the proceeds from the offering to fund the expansion of additional gyms in San Francisco and New York, sales and marketing, working capital and other general corporate purposes and developing a management team to facilitate expansion.
“We are very excited to share our vision of taking fitness entertainment to a whole new level and individual investors will now have the opportunity to invest in our company, alongside notable angel investors Tony Robbins and Tim Draper of Draper Investment Associates, and participate in my new business idea,” said Bill Zanker, CEO.
Known for his thrilling live arena events that have impacted over 50 million people in 100 countries, Tony Robbins is hoping to motivate people beyond self-help. Robbins noted, “If you want to crush your workout sequence and have a total blast doing it, check out GRIT BXNG. It is hands-down the MOST FUN you will ever have, working in an environment that pushes and strengthens you, and will ultimately completely energize and invigorate you!” Robbins has coached some of the greatest athletes in history, including the current two-time NBA Champions Golden State Warriors, last year’s Stanley Cup Champions the Washington Capitals, tennis icon Serena Williams, among numerous other high-profile teams and athletes. Tony is an angel investor in GRIT BXNG.
With 70 million singles sold and nearly 90 million followers, music powerhouse Pitbull was introduced to Tony Robbins’ teachings as a child and was impacted by his message of using positivity to overcome adversity. “With each new project I approach, the words ‘you can’t’ and ‘no’ are just motivators that propel me to succeed and fuel my fire. That mentality is exactly what GRIT BXNG embodies to me,” says Pitbull. This became the philosophy Pitbull has applied throughout his life. Now, the duo will inspire GRIT BXNG clients both musically and motivationally during their workouts.