Technoholic.meSep 14, 2023
The year's biggest IPO so far, Arm, saw its stock rise over 10% in its initial public offering. Exciting news for investors! #ArmIPO #BiggestIPO #StockMarketSuccess
Poetry NewsSep 13, 2023

Arm will get a high price
In their public offering, twice
It's the top range they'll fetch
Backed by investors in Tech
At least fifty-four point five billion in size

#armipo #techipo #softbank #9984t #limerick #poetry

https://www.reuters.com/markets/deals/arm-fetch-least-545-bln-valuation-ipo-source-2023-09-12/

Arm to fetch at least $54.5 billion valuation in IPO, a source says

Arm, the chip designer owned by SoftBank Group Corp <a href="https://www.reuters.com/markets/companies/9984.T" target="_blank">(9984.T)</a>, received enough backing from investors to secure at least the top end of the price range in its initial public offering, which would command a $54.5 billion valuation on a fully diluted basis, a person familiar with the matter said on Tuesday.

Reuters