Business Context and Reporting Period
This Form 8-K was filed by XpresSpa Group, Inc. (trading as XSPA) on September 13, 2021. The registrant is a health and wellness company incorporated in Delaware. The report serves as a Regulation FD disclosure regarding the company's participation in the H.C. Wainwright 23rd Annual Global Investment Conference held virtually from September 13-15, 2021.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report is a disclosure of an upcoming investor presentation rather than a financial results report.
Material Changes
No material changes to financial results or operations are reported in this document. The primary event is the announcement of the company's schedule to present an updated investor presentation and host meetings with institutional investors.
Guidance, Outlook, and Risks
- Outlook: The company will present long-term revenue projections through 2025 for its three distinct brands during the conference.
- Management Commentary: Senior management will refer to an updated investor presentation (Exhibit 99.2) containing an overview of the company.
- Risks and Forward-Looking Statements: The filing contains forward-looking statements regarding goals, intentions, business plans, growth strategies, and forecasted trends. These are subject to risks and uncertainties that could cause actual results to differ materially. The company disclaims any obligation to update these statements.
- Legal Status of Information: Information in the exhibits is furnished, not "filed," and is not subject to Section 18 liabilities of the Exchange Act.
Investor Verification Checklist
- Verify the long-term revenue projections through 2025 by reviewing the Corporate Presentation (Exhibit 99.2) available on the company's Investor Relations website.
- Confirm the details of the three distinct brands mentioned in the outlook.
- Review the archived webcast of the presentation for specific management commentary on growth strategies.
- Note that the financial data in this specific 8-K filing is limited to the announcement of the event; historical financials are not included.