Arm announces pricing of initial public offering

Cambridge, england--(business wire)--arm holdings plc (“arm”) today announced the pricing of its initial public offering (the “ipo”) of 95,500,000 american depositary shares (“adss”), each representing one of its ordinary shares, at a price to the public of $51.00 per ads. the adss are expected to begin trading on the nasdaq global select market (“nasdaq”) on september 14, 2023 under the symbol “arm.” the selling shareholder, a wholly-owned subsidiary of softbank group corp., in the ipo has gra.
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