Digital Twin Company Launch of Initial Public Offering13094
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 WGAN ForumFounder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| Hi All, I could imagine that Matterport C-suite executives will be paying close attention to the interest in an Initial Public Offering (IPO) from AEC digital twin company, Bentley Systems, seeking to raise $200 million. I wonder if Bentley Systems - much, much bigger than Matterport with 4,000 employees and $700+ million in annual revenue - would be interested in acquiring Matterport? Your thoughts? Dan --- Bentley Systems Media Release --- Bentley Systems Announces Launch of Initial Public Offering EXTON, PA, USA – September 15, 2020 – Bentley Systems, Incorporated (“Bentley”) today announced the launch of the initial public offering of 10,750,000 shares of its Class B common stock. The shares of Class B common stock to be sold in the offering will be sold by existing stockholders of Bentley. The selling stockholders expect to grant the underwriters in the offering a 30-day option to purchase up to an additional 1,610,991 shares of Class B common stock from the selling stockholders. The estimated initial public offering price is between $17.00 and $19.00 per share. Bentley has applied to list its shares on the NASDAQ Global Select Market under the symbol “BSY”. Goldman Sachs & Co. LLC and BofA Securities are acting as lead book-running managers and RBC Capital Markets is acting as a book-running manager for the proposed offering. Baird, KeyBanc Capital Markets and Mizuho Securities are acting as co-managers for the proposed offering. A registration statement on Form S-1 relating to the proposed offering has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, and shall not constitute an offer, solicitation, or sale in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the offering may be obtained by contacting Goldman Sachs & Co. LLC, Attention: Prospectus Department at 200 West Street, New York, New York 10282, by telephone at 1-866-471-2526 or by e-mail at prospectus-ny@ny.email.gs.com, or BofA Securities, Attn: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, North Carolina 28255-0001, by email at dg.prospectus_requests@bofa.com. Source: Bentley Systems Media Release |
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aerialpixels private msg quote post Address this user | |
| You got me with your bait click Dan! Bentley - ustation - hahah that's not a typo. if anyone here is old enough to know 'u' in 'ustation', holler out. Havent been following Bentley for a long while but I started my journey into 3D with them back in 1994. Great product. Much better than Autodesk then IMO, but never could overtake Autodesk. I kinda have the impression though that they are more entrenched in the civil engineering space of the whole AEC disciplines. I might be wrong. Anyways, if anything, I see them more suitable having a relationship with Cupix than with MP. Interesting though how high tech 'startups' like MP get more publicity than quiet stalwarts like Bentley. |
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 WGAN FanClub Member Buffalo, New York |
GETMYVR private msg quote post Address this user | |
| Non starter for me. Last thing I think we want to see is one of several matterport executives become instant hundred millionaires on a product that we painted on the American landscape, making two to $400 on. | ||
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