Is arm preparing for the biggest IPO of 2023?

The Wall Street Journal and Reuters reported some of these details earlier on the stake sale and timing of filing. Arm Ltd., a chip designer that is preparing for what would be the biggest initial public offering of 2023, saw its revenue decline about 1% in the last fiscal year, according to a draft filing for its IPO reviewed by Bloomberg.

Will arm IPO a $70 billion IPO?

Japan’s SoftBank Group Corp., which owns Arm, plans an IPO of the company as soon as next month that could value the chip designer at as much as $70 billion. Arm’s draft F-1 filing is based on US accounting rules as the company prepares to list on Nasdaq.

How much is arm stock worth at IPO?

@PatienceDiscipline If you examine the financial details of ARM in the past few years, you will reach the conclusion: at the IPO price level the company is overly priced in. My calculations show me that the proper price of the company, its stock is worth between $15 - $20. 47 to 51 to open yeah right.