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Haht Commerce Files for $75 Million IPO

LocalBusiness.com reported that Raleigh's Haht Commerce has filed for an initial public stock offering valued at $75 million. Haht, which enables a company's existing databases and computer systems for e-commerce, did not announce the price range or number of shares it expects to offer because. The company did announce that it expects to trade on the Nasdaq stock market under the symbol "HAHT." In its filing with the U.S. Securities and Exchange Commission, Haht reported revenue of $10.7 million and a net loss of $13.7 million for the 2000 fiscal year ended April 30.

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