Chip Designer Arm’s IPO Was Priced for Smooth Trading Debut

09/14/2023 10:29
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Chip Designer Arm’s IPO Was Priced for Smooth Trading Debut

SoftBank Group Corp. satisfied its ambitions for Arm Holdings Plc by raising $4.87 billion in the year’s biggest initial public offering, while resisting the temptation to try for more.

  • SoftBank-backed Arm’s $4.87 billion listing is year’s biggest
  • Masayoshi Son said to favor investor demand over proceeds
Masayoshi Son stands to collect a windfall from Arm’s IPO.Photographer: Kiyoshi Ota/Bloomberg

SoftBank Group Corp. satisfied its ambitions for Arm Holdings Plc by raising $4.87 billion in the year’s biggest initial public offering, while resisting the temptation to try for more.

Whether Arm’s return to the public market goes smoothly and paves the way for other soon-to-be public companies won’t be known until the chip designer’s shares start trading Thursday.

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Chip Designer Arm’s IPO Was Priced for Smooth Trading Debut

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