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High-end cycling chain Soulcycle files to go public

SoulCycle, the high-end indoor cycling chain, is gearing up for Wall Street.

The New York company filed for an initial public offering Thursday, hoping to raise as much as $100 million. SoulCycle didn't say how many shares it plans to offer, or at what price, so that number may change.

It announced that it named chief operating officer Melanie Whelan as CEO last month, replacing co-founders Elizabeth Cutler and Julie Rice. SoulCycle said Cutler and Rice will remain involved with the company, which they launched in 2006 with one New York studio.

SoulCycle charges about $35 for each hour-long class.