By  on August 11, 2017

YogaWorks Inc. on Friday completed its initial public offering, but at a substantially discounted price than originally planned.

The company began trading on Friday, raising about $40 million, or $5.50 a share. That’s substantially down from the $13 a share, it had hoped to raise last month. The company on July 20 postponed its IPO due to “market conditions.”

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