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Latest / Chips, compute and energy

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SoftBank’s Arm prices Nasdaq IPO at $51 a share, selling 95.5m shares

See how this story connects

Source: Arm

Arm, the Cambridge-based chip designer, priced its initial public offering on 13 September 2023 at $51 per American depositary share, with 95.5 million ADSs sold by a SoftBank Group subsidiary. The shares were due to start trading on the Nasdaq Global Select Market under the ticker ARM on 14 September; Arm said its designs had been used in more than 250 billion chips.

Why it matters

The UK-based designer of the CPU architecture used in phones and in Arm-based server chips such as Microsoft’s Cobalt listed in New York, with SoftBank keeping control.

When
13 Sep 2023
ID
WTA-N-2023-0138
Who
Arm, SoftBank Group, Nasdaq

Summary by wheresthe.ai, from Arm. Checked against the source on 9 Oct 2026.

Read the original at Arm

Source copy: download the page as saved on 18 Oct 2026 (PDF). Also held by the Internet Archive.

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Cite this story

WTA-N-2023-0138: “SoftBank’s Arm prices Nasdaq IPO at $51 a share, selling 95.5m shares.” wheresthe.ai, 13 Sep 2023. https://wheresthe.ai/d/gb-arm-nasdaq-ipo-2023-09/ (source: Arm).

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