YogaWorks (YOGA) IPO Opens Flat

YogaWorks, Inc. (NASDAQ: YOGA) IPO opens at $5.50 after pricing 7,300,000 shares of its common stock at a price to the public of $5.50 per share.

Cowen, Stephens Inc. and Guggenheim Securities are acting as joint book-running managers for the offering. Roth Capital Partners is acting as lead manager. Imperial Capital is acting as co-manager.

YogaWorks, Inc. is one of the largest and fastest growing providers of high quality yoga instruction in the U.S. Through its YogaWorks and Yoga Tree studios, the Company offers yoga classes, integrated fitness classes, workshops, teacher training programs, and yoga-related retail merchandise. In addition to its studio locations, YogaWorks offers online instruction through its MyYogaWorks web platform, which provides subscribers with a highly curated catalog of over 1,000 yoga and meditation classes. YogaWorks strives to make yoga accessible to everybody and offers a wide range of class styles for people of all ages and abilities. The Company’s 50 studio locations saw over 3 million student visits in 2016.

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