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Tom’s Hardware
Tom’s Hardware
Technology
Les Pounder

$630 million Raspberry Pi IPO float could be just a week away - Report

Raspberry Pi IPO Raspberry Pi LTD Eben Upton Sony
Raspberry Pi on a fictional stock tracker.

It has been no secret that Raspberry Pi LTD, the trading arm of the Raspberry Pi Foundation and maker of our favorite single board computer, the Raspberry Pi, is planning to float on the London Stock Exchange (LSE). According to city sources, this could be just a week away.  The source also claims that for several weeks Raspberry Pi founder Eben Upton has been "sounding out investors" about the listing.

In a report featured in The Times on May 11, city sources indicated that the floatation could be within the next ten days. This means that we could see Raspberry Pi shares being publicly offered on the stock market from May 20. The report's source also cautions that a delay could occur due to deteriorating market conditions, which could allude to a shrinking UK stock market.

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