ARM listing on Nasdaq

[Middleman]

I think this is probably one of the biggest tech news stories this year. ARM plans to list (or relist rather) on Nasdaq this September.
For years since 1998, ARM was publicly traded stock on both Nasdaq and the London Stock Exchange until Japan's Softbank bought the company back in 2016 for US$32 billion and took it private. This news essentially means that Softbank is finally deciding to sell up.

Arm files for Nasdaq listing, as SoftBank aims to sell shares in chip designer it bought for $32 billion

Arm is aiming to sell shares to the public during a historically slow period for U.S. tech IPOs.

www.cnbc.com

 

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