The past week’s highlight was Softbank’s IPO of chip designer Arm Holdings’ (ARM) IPO. This successful debut buoyed investor sentiment and hopes this year’s stagnant IPO activity may find life. There were five IPOs that raised a combined $5.4 billion this past week. Arm, the largest IPO of 2023 so far, raised $4.9 billion of that and finished the week up 19%. For the week ahead we have another five deals, led by the IPO market’s first US tech unicorns in nearly … Continue reading “US Weekly IPO and SPAC Monitor: Instacart, Klaviyo, XJet Follow ARM in The Pipeline”
US Weekly IPO and SPAC Monitor: SoftBank’s Arm $5 billion IPO Oversubscribed Six Times
While all the talk has been about Softback’s software segment’s chip designer Arm (ARM) IPO estimated to be up to $5 billion, which is oversubscribed six times and due to list next week, we did have some listings this week. Hong Kong-based brokerage Solowin Holdings downsized and priced at the low end to raise $8 million at a $56 million market cap. SWIN finished up 23%. Podcast producer Courtside Group completed its direct listing on the Nasdaq. PODC finished up … Continue reading “US Weekly IPO and SPAC Monitor: SoftBank’s Arm $5 billion IPO Oversubscribed Six Times”
How to Value SoftBank’s Semiconductor Arm IPO Among the NVidia and AI Frenzy
The much-anticipated IPO for SoftBank Group Corp. semiconductor unit Arm was filed Monday. With the AI frenzy Softbank is looking to time the listing to perfection. In what has been a rather dour few years for IPOs with high interest rates and a bear market for much of that period this is expected to be the year’s largest US initial public offering. Arm Holdings Ltd. didn’t disclose proposed terms in its filing Monday with the US Securities and Exchange Commission. … Continue reading “How to Value SoftBank’s Semiconductor Arm IPO Among the NVidia and AI Frenzy”