Arm has announced the proposed selling price of its IPO, following the previous filing made by the company. The offering is for the sale of American Depositary Shares (ADS), totaling 95.5 million shares, which represents 9.4% of the total shares. The price range for the IPO is set between $47 and $51 per share, depending on the volume of orders.
With the aforementioned price, Arm is expected to raise capital of approximately $4.49-4.87 billion. The valuation of the business is estimated to be around $5.0-5.2 trillion. It is worth noting that SoftBank will retain the remaining shares.
This IPO will make Arm the largest IP offering of the year, as other major technology companies have been hindered by the continuous impacts of COVID-19 on the IPO market in 2022.
TLDR: Arm has announced the proposed price range for its IPO, offering American Depositary Shares (ADS) amounting to 95.5 million shares. The IPO is set at a price range of $47-51 per share, with the potential to raise capital of around $4.49-4.87 billion. The valuation of the business is estimated to be approximately $5.0-5.2 trillion. This IPO marks Arm as the largest IP offering this year, as other technology companies have faced challenges due to the ongoing effects of COVID-19.