Arm’s public offering is looming—and there could be a lot riding on this IPO as the largest public offering of the year and a key company in SoftBank’s portfolio.
Earlier this week, Arm announced it would price its shares between $47-51 per share. That means the chipmaker is planning to raise up to about $4.9 billion and is eyeing a valuation of up to $55 billion, depending on how the investor roadshow plays out and where the final share pricing lands. This isn’t the valuation Arm was rumored to be aiming for earlier this year, but it would still be much more than the $32 billion SoftBank paid to take Arm private six years ago.
