Meanwhile, it is known that the IPO of Arm shares planned for this year will take place in the United States, and the possibility of a second public offering in London is still being studied by the Japanese company SoftBank, which owns the assets of this British holding company. The New York listing will allow Arm’s current owners to raise up to $8 billion.
Of course, that’s significantly less than the amount from the $30 billion to $70 billion range discussed in forecasts from major investment banks the previous day, but it’s important to understand that SoftBank will only bring in a portion of Arm New’s fortune York, and a recent forecast spoke of the full capitalization of this business: developers of processor architectures. At least as explained Bloombergeven raising $8 billion would make Arm’s IPO one of the largest in the US stock market in a decade.
According to Reuters, the British holding company will apply for an IPO at the end of April, but the exact date of the share placement in the US has not yet been set. The only thing that is certain is that it will take place before the end of the year, which Arm representatives repeatedly said the day before. The owners of the company’s assets will attempt to choose the placement date taking into account what are currently hardly favorable market conditions. Large institutional investors such as Goldman Sachs, JPMorgan Chase, Barclays and the Mizuho Financial Group are to participate in the IPO.