Bentley Files for $172.5 million Initial Public Offering 4/24/2002
Bentley Systems Inc., a provider of software products and collaborative services for architects and engineers, filed a registration statement with the federal Securities and Exchange Commission on April 23 seeking approval for an initial public offering of up to $172.5 million of common stock.
The SEC will investigate the filing documents and must ensure that Exton, Pa.-based Bentley has met its fair disclosure rules before the offering can be declared effective.