MINDBODY Sets IPO Terms: 7.15m Shares at $13 – $15 Per Share

MINDBODY Inc. filed an amended registration with the SEC for its IPO this morning.  The company plans to sell 7.15m shares and sees an offering price of $13 – $15 per share.  MINDBODY will list under the symbol “MB” and has applied to list on the Nasdaq Global Market.

Triton Research published a 67-page Dossier on MINDBODY Inc. on May 22, 2015.  Our Triton Research Company Score for MINDBODY is now under review.  For pricing information please contact Kaylan Tildsley at (212) 804-6151.

Triton Research Company Score (avg. 6.56): Contact Triton Research for more details.

Company Description: Develops and sells enterprise resource planning software to small and medium businesses in the health and beauty industry (gyms, salons, spas, etc.) on a subscription-basis, and point-of-sale hardware on a unit basis. The Company also runs a marketplace for 3rd-party software providers to sell add-ons to MINDBODY subscribers.

Competitive Set: Square, Intuit, SalonBiz, SpaBooker, Shopify, Zen Planner, Front Desk