Vincent Boland: Arm looks to Nasdaq IPO to recapture its long-lost mojo as investors swoon
Under SoftBank’s careless ownership, this small but promising tech firm’s fortunes stalled. It remains to be seen if its much-hyped IPO can rescue it
The price has been set at $47 to $51 per share. The valuation, all being well, will be $52 billion. The prospectus, all 300-odd pages of it, has been filed. The investment bank underwriters, all 28 of them, have been lined up. The cornerstone investors, at least ten of them, have been assembled.
The initial public offering of Arm Holdings, a British technology company in which a lot of people have placed an awful lot ...