Exa Corp. (EXA) Files $86.25M IPO

August 3, 2011 5:41 PM UTC
Exa Corporation (Nasdaq: EXA) filed a registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. The proposed maximum offering price is $86.25 million. Exa filed to list on the Nasdaq Global Market under the ticker "EXA."

The offering is being made through Stifel Nicolaus Weisel, Baird, Canaccord Genuity, and Needham & Company, LLC.

Exa Corp develops, sells, and supports simulation software and services that vehicle manufacturers use to enhance the performance of their products, reduce product development costs and improve the efficiency of their design and engineering processes.


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