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US Secretary of State John Kerry Photo by Mark MakelaGetty Images
<p>U.S. Secretary of State John Kerry. (Photo by Mark <span data-scayt-lang="en_US" data-scayt-word="Makela">Makela</span>/Getty Images.)</p>

John Kerry Receives SoulCycle Gag Gift from United Arab Emirates Ambassador

The gift was a joke at Kerry&#39;s expense in front of a number of ambassadors at the Park Hyatt hotel in Washington, DC.

U.S. Secretary of State John Kerry was presented with a SoulCycle gift bag in picking up Foreign Policy magazine's Diplomat of the Year award Tuesday night.

United Arab Emirates ambassador Yousef Al Otaiba gave Kerry the bag while introducing him at the event at the Park Hyatt hotel in Washington, DC, according to The Washington Post. The gift was a joke at Kerry's expense in front of a number of ambassadors.

In May, Kerry hit a curb while biking outside in Scionzier, France, and broke his right femur. The injury forced him to cut his European trip short and return to Boston for surgery. Kerry worked from his bed at Massachusetts General Hospital in the days after the accident, according to a Boston Globe report.

If Kerry decides to take advantage of SoulCycle, he won't have to go far. Kerry's Beacon Hill home is about a mile away from the recently opened Chestnut Hill SoulCycle location.

SoulCycle, which reported revenue of $112 million in 2014, filed for its initial public offering (IPO) in July. The IPO share price, amount of shares available and date are yet to be determined. SoulCycle's IPO could come before the end of the year.

"We think SoulCycle is targeting for later this year and could have debuted after Labor Day, but I think decided to wait for some of the turbulence in the market to subside," Renaissance Capital's Kathleen Smith told TheStreet on Sept. 28.

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