SoulCycle plans to exercise an IPO

July 30, 2015 11:06 PM

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SoulCycle plans to exercise an IPO

Network of cycling exercise studios had $112 million in revenue last year

SoulCycle Inc., the network of cycling exercise studios, filed Thursday to raise $100 million in an initial public offering, providing details of its fast growth and impressive bottom line for the first time. The $100 million figure is likely a placeholder amount and may change.

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