Arm prices IPO
Arm has priced its IPO at $47-51 per share valuing the company at at $50-54 billion – compared to the estimated range of $19-73 billion.
It is thought that Arm will sell 10% of the company to raise $5-5.4 billion.
Anchor investors, which agree to take shares in advance of the offer, include: Apple, Nvidia, Alphabet, AMD, Intel, Samsung. Cadence Design Systems, and Synopsys.
Last month, in an internal transfer, Softbank bought the 25% of Arm which it has previously sold to its Vision Fund, for a price which put a $64 billion value on Arm.
A oroblem with valuing Arm is the uncertainty over the revenues from Arm China in which Arm does not have a controlling interest and which constitute 24% of Arm’s total revenues
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Source from: https://www.shunlongwei.com/arm-prices-ipo/