The company, backed by Amazon.com Inc (AMZN.O) Chief Executive Jeff Bezos, was said to have confidentially filed for an IPO in July under the new “JOBS” Act, which lets companies keep financial details contained in IPO documents private for longer.
In a preliminary prospectus with the U.S. Securities and Exchange Commission on Thursday, the company listed Morgan Stanley and Goldman Sachs & Co as lead underwriters to the offering.
The filing did not reveal how many shares the company planned to sell or their expected price.
Workday intends to list its Class A common stock under the symbol “WDAY”, but did not reveal the exchange on which it will list the shares.
(Curated by Dennis Moore. Read the complete article here)