Buying Into ARM's IPO? Read This Before Taking The Plunge
The process of a private firm initially entering the public market and offering shares in the company is known as an "Initial Public Offering" (IPO). Sometimes it is a tiny business that can grow from nothing to provide ownership to a larger market while also raising money is the epitome of success. These are typically fascinating new businesses to search for and evaluate.
SoftBank Group is responsible for bringing ARM to the public. The company has made significant investments in new enterprises and faces several financial challenges SoftBank is a multinational Japanese corporation that controls ARM. The company is going public to raise capital and provide investors with the opportunity to own a portion of the business. SoftBank acquired ARM for $32 billion in 2016. The company has attempted to sell ARM for several years, but antitrust concerns have complicated the transaction. In 2020, Nvidia Corp agreed to acquire ARM for $40 billion, but the transaction was blocked by U.S. and European Union regulators.