Arm Holdings Limited announced that it has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of American depositary shares, or “ADS,” representing its ordinary shares. Arm has applied to list the ADSs on the Nasdaq Global Select Market under the symbol “ARM”. The number of ADSs to be offered and the price range for the proposed offering have yet to be determined. Raine Securities is acting as financial advisor in connection with the proposed offering. Barclays, Goldman Sachs, J.P. Morgan, and Mizuho are acting as joint book-running managers for the proposed offering.
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