(Finance) – It will be a return in style for ARM Holdngs on the stock marketaccording to super quotes and a really surprising question. The chip company, acquired in 2016 by the Japanese investment bank Softbank for 32 billion dollars and delisted the same year from the London and New York stock exchanges, on which it had been listed since 1998, is preparing to return to the Nasdaq list Tomorrow, September 14thwith an already full book.
Among those interested there would be the Taiwanese Tsmcthe world’s leading semiconductor manufacturer, which decided to invest 100 million dollars, but interest had also been shown by Nvidia and Apple.
One was indicated for the ARM IPO range between 47 and 51 dollars to action that enhanced society 54.5 billion dollarsbut the valuation could be much higher, since the share placement left a large part of the demand unsatisfied.
According to some previews from Reuters, in fact the offer would have already been covered and Softbank would therefore have decided to block further subscriptions, as demand would have already exceeded the quantity offered by ten times. There is no question of increasing the number of shares, given that Softbank wants to maintain a controlling share of 90.6%, so all that will remain is to set a valorization far beyond the fork.
(Photo: Adi Goldstein on Unsplash)