Weight Watchers International, Inc. (WW)

Pitch Summary: WW has re-emerged from bankruptcy (May 2025) with ~$1.15B of debt eliminated and a refreshed plan to pivot from a legacy “behavioral” weight-management model to a hybrid platform that layers clinical/GLP-1 services onto a 62-year-old brand and ~3.3M subs. Pro forma capital structure is simpler: ~$465M senior secured notes due 2030 (10.25% coupon) […]