YogaWorks to turn private less than two years after IPO [MarketWatch]
YOGAWORKS (YOGA)
Last yogaworks earnings: 11/14 04:05 pm
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Source: MarketWatch
YogaWorks to turn private less than two years after IPO YogaWorks Inc. YOGA, -1.52% said late Friday it was "in its best interests" to remove its stock from listing on the Nasdaq and turn private. The decision was based on the company's current financial situation and the fact that the stock is held by relatively few holders and there is limited trading, YogaWorks said. The delisting is effective July 22, it said. YogaWorks priced its initial public offering at $5.50 a share in August 2017 , raising about $40 million. The stock was down nearly 40% in the extended session Friday after ending the regular trading day down 1.5% at 65 cents.
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