Arm Aims to Raise up to $4.87 Billion in US IPO

Reuters2023-09-05

SoftBank Group's Arm is aiming to raise up to $4.87 billion in the chip designer's U.S. initial public offering, a regulatory filing showed on Tuesday.

SoftBank is offering 95.5 million American depository shares of the Cambridge, United Kingdom-based company for a price of between $47 and $51 apiece.

Arm's return to the public markets will be a milestone for SoftBank, as it taps several marquee technology names as investors in the company whose designs power more than 99% of the world's smartphones.

The listing is expected to buoy the IPO market globally and fuel other startups to move ahead with their offerings as Arm's success signals the return of investor appetite for high-growth technology companies.

Reuters first reported on SoftBank's proposed price range for the IPO on Saturday. Sources also said it could possibly raise this range before the IPO prices, should investor demand prove strong.

Arm has also already signed up many of its major clients as investors in its IPO, Reuters reported on Friday. These include Apple, Nvidia, Alphabet, Advanced Micro Devices, Intel and Samsung Electronics.

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Comments

chonglikguo
2023-09-05
chonglikguo
Target price >100$
paul55555
2023-09-05
paul55555
Open only to Softbank clients if I am not wrong. Normal people like us can only buy after market opens
Mr.LaBuBu
2023-09-05
Mr.LaBuBu
How to buy ipo?

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nArm Aims to Raise up to $4.87 Billion in US IPO\n</h2>\n\n<h4 class=\"meta\">\n\n2023-09-05 18:51 北京时间&nbsp;&nbsp;&nbsp;<strong>Reuters</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SoftBank Group's Arm is aiming to raise up to $4.87 billion in the chip designer's U.S. initial public offering, a regulatory filing showed on Tuesday.SoftBank is offering 95.5 million American ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARM","symbol_name":"ARM Holdings Ltd","start_time":0,"source_url":"","article_id":"1116494743","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1116494743","pubTimestamp":1693911087,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"SoftBank Group's Arm is aiming to raise up to $4.87 billion in the chip designer's U.S. initial public offering, a regulatory filing showed on Tuesday.SoftBank is offering 95.5 million American depository shares of the Cambridge, United Kingdom-based company for a price of between $47 and $51 apiece.Arm's return to the public markets will be a milestone for SoftBank, as it taps several marquee technology names as investors in the company whose designs power more than 99% of the world's smartphon","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARM":"ARM Holdings Ltd"},"translate_title":"Arm的目标是在美国首次公开募股中筹集高达48.7亿美元的资金","themeId":"0851c835e7e04d3fad93bf5b3abe05f1","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARM":1.1},"content_text":"SoftBank Group's Arm is aiming to raise up to $4.87 billion in the chip designer's U.S. initial public offering, a regulatory filing showed on Tuesday.SoftBank is offering 95.5 million American depository shares of the Cambridge, United Kingdom-based company for a price of between $47 and $51 apiece.Arm's return to the public markets will be a milestone for SoftBank, as it taps several marquee technology names as investors in the company whose designs power more than 99% of the world's smartphones.The listing is expected to buoy the IPO market globally and fuel other startups to move ahead with their offerings as Arm's success signals the return of investor appetite for high-growth technology companies.Reuters first reported on SoftBank's proposed price range for the IPO on Saturday. 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Normal people like us can only buy after market opens","listText":"Open only to Softbank clients if I am not wrong. Normal people like us can only buy after market opens","text":"Open only to Softbank clients if I am not wrong. Normal people like us can only buy after market opens","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/216589492330624","repostId":1116494743,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":216588530798760,"gmtCreate":1693911574913,"gmtModify":1693911579665,"author":{"id":"3579787416317079","authorId":"3579787416317079","name":"Mr.LaBuBu","avatar":"https://community-static.tradeup.com/news/d1b38f432d0cfcd1603b0ef6a8400772","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":7,"crmLevelSwitch":1,"idStr":"3579787416317079","authorIdStr":"3579787416317079"},"htmlText":"How to buy ipo?","listText":"How to buy ipo?","text":"How to buy ipo?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/216588530798760","repostId":1116494743,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":13,"commentSize":3,"repostSize":3,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1116494743"}