Kennedy Lewis Capital Partners Master Fund LP signed a stock purchase agreement to acquire Town Sports International Holdings, Inc. (NasdaqGM:CLUB) from HG Vora Special Opportunities Master Fund, Ltd., a fund of HG Vora Capital for $6.3 million on December 13, 2019. HG Vora will sell 4.2 million shares to Kennedy at $1.5 per share. If the closing date has not occurred by December 23, 2019 due to any failure by Kennedy Lewis to pay the purchase price, such failure to pay shall not constitute a breach of this agreement and this agreement shall terminate unless Kennedy Lewis and HG Vora agree in writing to extend such date and time. The transaction is subject to required authorizations or approvals from governmental authorities or regulatory bodies and approval of the Board of Directors of Town Sports. The agreement provides that the closing of the transaction shall not take place prior to December 23, 2019. The closing of the transaction shall take place within two business days after satisfaction (or waiver) of the closing conditions but in no event prior to December 23, 2019. Kennedy Lewis Capital Partners aster Fund LP cancelled the acquisition of Town Sports International Holdings, Inc. (NasdaqGM:CLUB) from HG Vora Special Opportunities Master Fund, Ltd., a fund of HG Vora Capital on December 13, 2020.