Friday, July 31, 2015

SoulCycle Files For IPO

The high-end indoor cycling chain did not reveal how many shares it plans to sell, though it plans on raising $100 million.

SoulCycle, the fitness chain known for its highly produced indoor cycling classes, has filed for an initial public offering, Reuters reports. The company's filing did not include information about the number of shares for sale or their expected price, though it tentatively plans on raising $100 million.

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