Arm Holdings’ initial public offering (IPO) is already 10 times oversubscribed, with bankers planning to stop taking orders by Tuesday afternoon. The IPO, controlled by SoftBank, will close its order book a day early but is still planning to price its shares on Wednesday. The offering could end up being as much as 15 times oversubscribed.
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Arm’s IPO orders are already oversubscribed by 10 times
Arm Holdings’ initial public offering (IPO) is already 10 times oversubscribed, with bankers planning to stop taking orders by Tuesday afternoon. The IPO, controlled by SoftBank, will close its order book a day early but is still planning to price its shares on Wednesday. The offering could end up being as much as 15 times oversubscribed.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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