ARM to ask $47 to $51 per Share at the IPO

Softbank’s Arm Holdings Ltd are set to offer IPO stock at $47 to $51 per share when it begins its roadshow this week, according to those close to the situation.

Arm are set to list on the Nasdaq in the second week of September at a valuation of over $50 Billion in what should be the biggest PO of 2023.

Key investors of the IPO include Apple, Samsung, Nvidia, Intel and Google owner Alphabet.

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