Arm Holdings (ARM) has filed for 95,500,000 share IPO at $47-$51 per share.
SoftBank (TYO:9984) Group Corp. (“SoftBank Group”) is expected to beneficially own approximately 90.6% of our outstanding ordinary shares following the completion of this offering (or approximately 89.9% if the underwriters exercise in full their option to purchase additional ADSs from the selling shareholder). As a result of SoftBank Group’s ownership, after the completion of this offering, we will be a “controlled company” within the meaning of Nasdaq rules. See “Management and Executive Remuneration—Controlled Company Status.”
Advanced Micro Devices (NASDAQ:AMD), Inc., Apple Inc (NASDAQ:AAPL)., Cadence Design (NASDAQ:CDNS) Systems, Inc., Google (NASDAQ:GOOGL) International LLC, Intel Corporation (NASDAQ:INTC), MediaTek Inc.’s affiliated entities, NVIDIA Corporation (NASDAQ:NVDA), Samsung Electronics (KS:005930) Co., Ltd., Synopsys (NASDAQ:SNPS), Inc. and TSMC Partners, Ltd. (collectively, the “Cornerstone Investors”) have, severally and not jointly, indicated an interest in purchasing up to an aggregate of $735 million of the ADSs offered in this offering at the initial public offering price and on the same terms and conditions as the other purchasers in this offering. Because these indications of interest are not binding agreements or commitments to purchase, any of the Cornerstone Investors may determine to purchase more, fewer, or no ADSs in this offering, or the underwriters may determine to sell more, fewer, or no ADSs to any of the Cornerstone Investors. The underwriters will receive the same underwriting discount on any ADSs purchased by the Cornerstone Investors as they will from the other ADSs sold to the public in this offering.