For San Luis Obispo’s MindBody, reality has set in. The party is over. After early excitement about its initial public offering Friday, reality set in when shares plummeted about 17.4 percent by the end of the day. MindBody shares were rebounding slightly Monday morning. MindBody raised $101 million by selling 7.2 million shares at $14 Read More →
San Luis Obispo’s first initial public offering in years for a non-bank company went off without a hitch on June 19 when MindBody raised slightly more than $101 million. MindBody, which develops software and provides merchant processing for yoga studios and fitness clubs, sold 7.2 million shares of stock at $14 per share Read More →
Amid a startup wave in Santa Monica, a revitalizing downtown and an emerging tech corridor on Highway 101, a younger and hipper group of entrepreneurs is beginning to reshape the corporate culture of Greater Los Angeles. That’s part of the reason why it put a smile on my face to see two companies from Ventura Read More →
You might call it the Mindbody-Appfolio effect. The pair of $100 million-plus initial public stock offerings filed last month has caught the attention of dealmakers from the Bay Area to Los Angeles. Add to that the stunning, $1.4 billion sale of Lynda.com to Linkedin and you have the most buzz in the region since the Read More →
MindBody, the San Luis Obispo-based software company poised to go public, told regulators June 8 that it expects to raise as much as $123 million in a 7.15 million share offering that could be priced as high as $15 per share. MindBody said in a revised Securities and Exchange Commission filing that it anticipates a Read More →
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In a deal that’s been heralded as the first non-bank stock offering in decades for a company based in San Luis Obispo, Mindbody filed its offering statement with the Securities and Exchange Commission on May 11.
