Slaughter and May is advising Arm on the UK aspects of its initial public offering

Slaughter and May is advising Arm Holdings plc (“Arm”) on the UK aspects of its initial public offering on the Nasdaq Global Select Market.

Headquartered in the UK, Arm architects, develops, and licenses high-performance, low-cost, and energy-efficient CPU products and related technology, on which many of the world’s leading semiconductor companies and OEMs rely to develop their products.

Arm’s energy-efficient CPUs have enabled advanced computing in more than 99% of the world’s smartphones, for the year ended 31 December 2022, and more than 250 billion chips, cumulatively, powering everything from the tiniest of sensors to the most powerful supercomputers.

The offer price of USD51 per American depositary share (“ADS”) gave Arm a market capitalisation of approximately USD52.3 billion at the completion of the offering of the ADSs on the Nasdaq Global Select Market on 14 September 2023.