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Mindbody Moves Closer To IPO, Sets IPO Trading Range

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Mindbody is selling 7,150,000 share of its stock in its IPO, which would net $123.3M Morgan, along with the Tech Coast Angels, Frontera Capital, and the Pasadena Angels. Mindbody said in a filing this morning that it now expects its IPO to debut at between $13.00 and $15.00 for the company if its prices at the high range.