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Tuesday, 09/05/2023 2:12:09 PM

Tuesday, September 05, 2023 2:12:09 PM

Post# of 54371
Chip design firm Arm seeks up to $52 billion valuation in blockbuster U.S. IPO
PUBLISHED TUE, SEP 5 20236:58 AM EDTUPDATED 3 HOURS AGO
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Ryan Browne

KEY POINTS
Chip design firm Arm on Tuesday submitted an updated filing for its upcoming blockbuster initial public offering on the New York Stock Exchange, setting a price range between $47 and $51.
Only 9.4% of Arm’s shares will be freely traded on the NYSE.
Arm was previously dually listed in London and New York, before SoftBank acquired it for $32 billion in 2016.
https://www.cnbc.com/2023/09/05/chip-design-firm-arm-sets-share-price-between-47-and-51-for-blockbuster-us-ipo.html

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