There were a lot of high-profile IPOs in September 2020, none more so than Palantir Technologies (PLTR), which completed a direct listing of its stock on Sept. 30, 2020, 17 years after its founding.
One of the lesser-known businesses going public that month was Bentley Systems (BSY), an infrastructure software company. It raised approximately $237 million from its IPO at an offering price of $22, above its $19 to $21 price range.
