MINDBODY announces IPO pricing

MINDBODY, Inc. (Nasdaq:MB) has announced the pricing of its initial public offering of 7,150,000 shares of its Class A common stock at a price to the public of $14.00 per share.

In addition, MINDBODY has granted the underwriters a 30-day option to purchase up to an additional 1,072,500 shares of Class A common stock to cover over-allotments, if any. The shares are expected to begin trading on the NASDAQ Global Market on June 19, 2015 under the symbol “MB.”

Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC and UBS Securities LLC are acting as joint book-running managers for the offering. Pacific Crest Securities, a division of KeyBanc Capital Markets Inc., and JMP Securities LLC are acting as co-managers for the offering.

A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering is being made only by means of a prospectus.

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