Arm, the chip designer owned by SoftBank Group Corp , is getting close to securing enough investor support to attain the fully diluted valuation of $54.5 billion it was seeking in its initial public offering (IPO) at the top of its indicated range, and is considering asking investors to value it higher, people familiar with the matter said on Sunday.
, is getting close to securing enough investor support to attain the fully diluted valuation of $54.5 billion it was seeking in its initial public offering at the top of its indicated range, and is considering asking investors to value it higher, people familiar with the matter said on Sunday.
Arm is discussing the possibility of raising the price range and seeking a valuation of more than $54.5 billion, in light of the IPO's oversubscription, the sources said. Alternatively, Arm is also considering keeping the price range as is and pricing the IPO above it on Wednesday, which would also lead to a valuation higher than $54.5 billion, the sources added.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Apple event, Arm Holdings IPO, UAW deadline, 9/11 anniversary top week aheadEarnings and economic data will begin on the 22nd anniversary of 9/11, with the largest IPO of 2023 expected midweek and UAW deadline for Ford, GM and Stellantis this week.
Consulte Mais informação »
| Instacart to Target Much-Diminished Valuation Range of Under $10 Billion in IPOThe grocery-delivery company aims for $8.6 billion to $9.3 billion, down from $39 billion in 2021.
Consulte Mais informação »
| Instacart to Target Much-Diminished Valuation Range of Under $10 Billion in IPOThe grocery-delivery company aims for $8.6 billion to $9.3 billion, down from $39 billion in 2021.
Consulte Mais informação »
The Natural-Born Diplomat Behind This Year’s Biggest IPOThe American CEO of Arm, a British company owned by a Japanese tech conglomerate,must juggle the needs of chip-making customers who are battling each other.
Consulte Mais informação »
Carlsbad police shoot, wound 16-year-old boy in arm, close roads for investigationA 16-year-old boy was shot in the right arm during a shooting Saturday morning involving police officers in Carlsbad, authorities said.
Consulte Mais informação »
Car-sharing service Turo restarts IPO plans for fallAfter a delay, Turo car-sharing business appears to be planning on going public this fall. It was valued in 2019 at a little over $1 billion.
Consulte Mais informação »