UK chip designer Arm seeks $52bn valuation in New York listing Stock exchange float will raise less than owner SoftBank hoped, but could still be biggest IPO of year The Guardian - UK · Sep 5, 2023
Arm prices hotly anticipated Nasdaq IPO lower than initially expected after London snub Arm will sell its shares for between $47 and $51, aiming to raise up to $4.87 billion Evening Standard · Sep 5, 2023
Arm’s move to Nasdaq not all plain sailing as US market shows scepticism on IPOs The chipmaker’s price tag was once touted as $70bn, then $64bn, but is now expected to be between $50bn and $55bn The Guardian - UK · Sep 4, 2023
UK chip designer Arm ‘cuts target valuation before Nasdaq listing’ Company said to be eyeing $50bn-$55bn compared with $64bn its owner Softbank stated last month The Guardian - UK · Sep 3, 2023
The AI stock market wave: chancing an Arm? If ever a float could be said to test current market conditions, it may be that of Arm, the SoftBank-owned British chip designer that has “started the countdown” for a Nasdaq IPO in early September, said the FT. The Week · Aug 27, 2023
ARM’s IPO poised to be the deal that SoftBank—and the IPO market—desperately need Should the IPO go as planned, SoftBank could be on track to double its investment. Fortune · Aug 23, 2023
Arm Files for IPO on Nasdaq, Expects to Ship One Trillion Chips Softbank-owned Arm files for IPO, hoping to raise $10 billion on valuation between $60 and $70 billion. Tom’s Hardware · Aug 22, 2023
Why Arm is poised to have the largest IPO this year Its chips are used in just about every smartphone today. Fortune · Aug 22, 2023
The City needs an energy boost after losing Arm City Comment: Like Arm, the City was once a world leader in its own field that Britain could be proud of. That is in danger of being lost Evening Standard · Aug 22, 2023
Chip giant Arm files for hotly anticipated Nasdaq IPO after London snub The float is expected to be the biggest since 2021 Evening Standard · Aug 22, 2023
UK chip designer Arm starts US listing process after snubbing London New York’s Nasdaq to host IPO after British government failed to persuade tech firm to list in UK The Guardian - UK · Aug 22, 2023
Here are the leading bidders for Goldman's lending unit Greensky Second-round bids for GreenSky were due earlier in August, people familiar with the matter said. Fortune · Aug 18, 2023
SoftBank-backed Better shrunk its staff by 91% in 18 months “Cash is very important,” Better CEO Vishal Garg told Fortune in an interview about the impending SPAC merger and his decision to move forward after a series of delays. Fortune · Aug 18, 2023
As SoftBank sues IRL for $150M after startup admitted 95% of its users were fake, VCs stress 'uncomfortable' due diligence SoftBank says it “relied on the accuracy of representations from IRL’s executives" when investing. VCs say that doesn't cut it. Fortune · Aug 13, 2023
PC Gamer · Aug 10, 2023 Amazon joins Nvidia and Intel as it plans to spend billions on chip designer Arm once it goes public Softbank Group is expected to list shares of Arm in September, whose expected IPO value to hit $70 billion.
Fortune · Aug 10, 2023 WeWork is on a downward spiral that could lead to bankruptcy After years of losses, and leadership struggles, the company warns that its days could be numbered.
Fortune · Aug 9, 2023 From $47 billion to $270 million—WeWork, the Adam Neumann brainchild, keeps crashing after a 'going concern' warning "Flexible workspaces have a future in the office ecosystem, but WeWork, in its current state, may not," BTIG analysts wrote Wednesday.
Tom’s Hardware · Aug 9, 2023 Amazon, Apple, Intel, Nvidia, and Samsung to Back Arm's IPO High-tech giants in talks to become anchor investors in Arm's upcoming IPO.
The Guardian - UK · Aug 9, 2023 Amazon in talks with UK microchip designer Arm over becoming anchor investor Cambridge-based Arm has also attracted interest from Apple, Samsung and Nvidia
Fortune · Aug 9, 2023 SoftBank deprioritizes speed, goes all in on A.I. as it reports 343 of its portfolio companies have lost value The investment firm known for writing enormous checks at a rapid pace has entirely changed its tune.
The Independent UK · Aug 8, 2023 Japan's tech investor SoftBank trims losses and promises offensive turnaround Japanese technology company SoftBank Group continued to rack up losses for the fiscal first quarter as technology investments soured amid a market downturn
The Times of India · Aug 2, 2023 SoftBank’s Arm targets $60 billion-plus value for September IPO TOKYO: SoftBank Group Corp’s semiconductor unit Arm Ltd is targeting an initial public offering at a valuation of between $60 billion and $70 billion as soon as September, a sign of bullish interest in artificial-intelligence chips, according to people familiar with the matter.
Fortune · Jul 25, 2023 How VC Headline notched a 30% stake in Brazil’s biggest startup acquisition in 5 years The investor behind Pismo talks about the $1 billion Visa deal and the Latin American deal landscape.
Fortune · Jul 19, 2023 Fashion resale CEO bets big on brands like Chloé Samina Virk, is North America CEO of Vestiaire Collective, a Goldman Sachs- and Softbank-backed platform.
Tom’s Hardware · Jul 12, 2023 Arm Allegedly in Talks with Nvidia and Intel to Become Anchor Investors Arm wants Nvidia and Intel to become its anchor investors in upcoming IPO.