MindBody, the San Luis Obispo-based software company poised to go public, told regulators June 8 that it expects to raise as much as $123 million in a 7.15 million share offering that could be priced as high as $15 per share.

MindBody said in a revised Securities and Exchange Commission filing that it anticipates a minimum capital raise of about $90 million after fees and costs if it reaches the low end of its range or $14 per share. Morgan Stanley is lead underwriter.

The revised prospectus lists $15 per share as the maximum expected offering price for so-called Class A shares, which have one-tenth the voting power of existing Class B shares. If the offering succeeds, about 18 percent of MindBody’s total common shares, all of them Class A shares, would be publicly traded.

The company is the industry leader in providing software management tools and payment services to some 42,000 yoga studios and other fitness venues worldwide. Although it has not been profitable, sales jumped from $30 million to more than $70 million in the past two years. MindBody, one of the largest private employers in SLO County, also has rolled out a suite of new services to help employers track employee wellness.

Mindbody has said it intends to use the proceeds from the stock offering to fund operations, make possible acquisitions and provide a public market for its stock. No existing Class B shareholders are selling.