BENTLEY SYSTEMS PLANS TO RAISE NEARLY $204.3 MILLION IN IPO

Highlights

• Bentley has plans to offer 10.75 million shares at an estimated $17 to $19 each as this would value the offering at $182.8 million to $204.3 million

• Bentley also said that, all the underwriters will be getting a 30-day option to purchase as many as 1.6 million more shares from selling stockholders

Bentley Systems has stated that it hopes to raise nearly $204.3 million with the help of its ....