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The company’s ADSs began trading on the Nasdaq Global Select Market under the ticker symbol “ARM” last Wednesday. This follows the U.S. Securities and Exchange Commission’s declaration that Arm’s registration statement on Form F-1 relating to the IPO was effective on Tuesday, September 13, 2023.
Arm Holdings is known for its energy-efficient processor designs and software platforms which have found application in over 250 billion chips worldwide.
Raine Securities LLC served as financial advisor for the IPO process, while Barclays, Goldman Sachs & Co (NYSE:GS). LLC, J.P. Morgan, and Mizuho acted as joint book-running managers.
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