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 thumbnail 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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