On Monday, Arm Holdings Limited submitted its initial public offering (IPO) form to the Securities and Exchange Commission (SEC). The UK-based computer chip designer is the world’s leading designer of central processing units (CPUs), graphics processing units (GPUs), and system-on-a-chip (SoC) architecture, widely used in mobile devices.
Japanese investment conglomerate, SoftBank, bought ARM in September 2016 for $32 billion, taking it private. Up until that point, Arm was listed on both the London Stock Exchange and Nasdaq. After giving up listing on the London Stock Exchange in 2022, SoftBank is now pursuing an exclusive US listing on Nasdaq.
source: https://tokenist.com/arms-listing-can-be-the-tipping-point-for-ipos-to-make-a-comeback/
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