Reuters: Regulatory News: Workday files for IPO of up to $400 mln

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Workday files for IPO of up to $400 mln Aug 30th 2012, 21:22 Thu Aug 30, 2012 5:22pm EDT Aug 30 (Reuters) - Workday Inc, which provides cloud-based human resource software, filed with regulators to raise up to $400 million in an initial public offering of its Class A common stock. In a preliminary prospectus with the U.S. Securities and Exchange Commission, 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. The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees. The final size of the IPO could be different.

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