BRIEF-F45 Training And Crescent Acquisition Corp Announce Merger

June 24 (Reuters) - Crescent Acquisition Corp :
   * F45 TRAINING AND CRESCENT ACQUISITION CORP ANNOUNCE MERGER TO CREATE A LEADING PUBLICLY-TRADED GLOBAL FITNESS TRAINING AND LIFESTYLE BRAND
   * CRESCENT ACQUISITION CORP - COMBINED COMPANY IS ANTICIPATED TO HAVE AN ENTERPRISE VALUE OF $845 MILLION
   * CRESCENT ACQUISITION CORP - F45 TRAINING CEO ADAM GILCHRIST TO CONTINUE LEADING COMBINED COMPANY
   * CRESCENT ACQUISITION CORP - COMBINED CO WILL RETAIN F45 TRAINING HOLDINGS INC. NAME AND WILL TRADE ON NASDAQ EXCHANGE, IN DEAL
   * CRESCENT ACQUISITION - EXISTING F45 SHAREHOLDERS ARE EXPECTED TO BE ISSUED ABOUT 53.3 MILLION SHARES IN COMBINED CO
   * CRESCENT ACQUISITION CORP - CURRENT F45 SHAREHOLDERS WILL HOLD ABOUT 60% OF COMBINED CO AT CLOSING
   * CRESCENT ACQUISITION CORP - F45 TRAINING CEO ADAM GILCHRIST TO CONTINUE LEADING COMBINED CO
   * CRESCENT ACQUISITION CORP - CLOSING OF TRANSACTION IS EXPECTED IN Q3 OF 2020

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((Reuters.Briefs@thomsonreuters.com;)