Softbank's Arm IPO Currently Six Times Oversubscribed

StreetInsider2023-09-09

NEW YORK (Reuters) - Arm Holdings Ltd, the chip designer owned by SoftBank Group Corp that is seeking roughly $5 billion in its initial public offering (IPO), has seen investor demand that is six ...

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Comments

  • Cedric77
    2023-09-10
    Cedric77
    There are a few factors that could affect the outcome of the IPO. First, the valuation of the company is a key issue. Arm is currently seeking a valuation of up to $52 billion, which is lower than the initial target range of $60-70 billion. This could be due to concerns about the smartphone market and the company's exposure to China. Second, the timing of the IPO is also a factor. The IPO is coming at a time of rising interest rates and market uncertainty, which could make it more difficult for Arm to attract investors. Third, the interest from major tech companies is a positive sign for the IPO. Apple, Amazon, and Samsung are all interested in becoming anchor investors, which would provide a vote of confidence in the company. Overall, the Arm Holdings IPO is a risky investment, but it als
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