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Arm to ask for US$47 to US$51 per share in IPO

By Echo Wang and Anirban Sen

Sep 4 2023 7:09AM

Valuing it below what SoftBank paid for a 25 percent stake.

Arm to ask for US$47 to US$51 per share in IPO

Arm, the chip designer owned by SoftBank, is planning to ask investors to pay US$47 to US$51 for each of its shares when it begins marketing its initial public offering (IPO) next week, people familiar with the matter said. The price range, which has not been previously reported, would ...

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