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In a recent report, it is becoming clear that the Arm US Securities and Exchange Commission share listing is in the works. This move is coming as a result of the chip design giant’s plans to be more profitable in the coming years. According to the reports, ARM looks to raise over $10 billion by stepping into the SEC share listing.
With the increase in competition within the semiconductor design and manufacturing industry, being profitable is a real struggle. Arm’s close competitors Intel and Samsung both recorded massive losses in their quarterly reports. This mounts more pressure on Arm to make a move to scrape up more income from a stock listing.
The geographic location of the SEC is an ideal spot for Arm to get a listing in their stock market. Back at home, in the UK, Arm isn’t seeing much profit when it comes to the sale of stocks and shares. More information on this listing reveals Arm’s plans regarding its business.
Details on the Arm US Securities and Exchange Commission share listing
This entire process of Arm joining the SEC listing has been a confidential one. For now, the listing is still pending, as Arm has submitted a draft to the SEC and is awaiting a response. But netizens familiar with the semiconductor industry might wonder why Arm wishes to file for the SEC listing.
A major reason netizens might question this move is that Arm is a UK-based company. The Japanese conglomerate, Softbank, purchased the firm back in 2016 for £23.4 billion. Before the purchase, Arm was listed on the stock markets in London and New York.
Back in March, Arm pulled out from its London listing whilst finding more profitable markets. Arm’s pull-out is a result of the fact that the London market doesn’t focus so much on tech firms. This lack of interest is bad for Arm’s business if they are looking out to make a profit from the stock market.
Being listed on the stock market means that the public will be able to take part in Arm’s business. This involves the buying and selling of shares from Arm’s stocks, hence earning the chip-designing firm some cash. But this proved to be a bit difficult in the London stock market, hence the need for Arm to pull out and find more favourable markets.
Well, they didn’t need to look so far, as the US Securities and Exchange Commission (SEC) provides a better market. Arm have submitted their draft registration statement, but there is no information regarding the application’s status. In the coming weeks, more information about this process will be made available by Arm.
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