Metastorm (MSTM) Files $86M IPO

May 14, 2008 1:10 PM EDT

Metastorm (Nasdaq: MSTM) filed a registration statement with the SEC for an initial public offering of its common stock. The proposed maximum aggregate offering price is $86.25 million. The company plans to list on the NASDAQ under the stock symbol "MSTM".

The offering is being made through Jefferies & Company, Oppenheimer, Needham & Company, JMP Securities and Craig-Hallum Capital Group.

Metastorm is a provider of enterprise architecture modeling, business process analysis and business process management software, which it calls Metastorm Enterpriseā„¢.

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