IPO Report: SoftBank’s Arm confidentially files for massive IPO


Arm Ltd., the British chip maker owned by Japan’s SoftBank Group Corp., confidentially filed for its long-awaited initial public offering over the weekend.

Arm said Saturday that it submitted a draft registration statement for its IPO with the U.S. Securities and Exchange Commission, but did not reveal its size or price range.

This article was originally published by Marketwatch.com. Read the original article here.

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