Arm Seeks $52B Valuation In Largest Tech IPO In 2 Years

plans to go public at a valuation as high as $52 billion when the British chip-design company lists on the , it on Tuesday.

That鈥檚 down from the previously reported $60 billion to $70 billion valuation -owned Arm was apparently seeking, but would still make Arm the largest tech IPO since electric vehicle-maker went public in late 2021. It鈥檚 also when SoftBank recently acquired the rest of the company it didn鈥檛 already own directly from its Vision Fund.

A successful Arm debut could breathe new life into a depressed IPO market that has paused many venture-backed startups鈥� plans to go public for the past two years. Last month, grocery delivery startup and marketing analytics company also filed their initial public offering plans, in another signal that the IPO drought may finally ease.

Arm said it plans to raise $4.87 billion via the offering. Arm customers including , , and have agreed to invest in the IPO, , citing sources familiar with the matter.

Arm鈥檚 performance will be especially closely watched, given that many of 2021鈥檚 IPOs have not gone on to great success as public companies 鈥� close to half of the 171 companies that went public in 2021 at billion-dollar-plus valuations and that are still trading are now worth less than $500 million, according to a recent analysis of The SA国际传媒 Billion-Dollar Exits Board.

The few companies that have ventured onto the public markets this year have also posted a very mixed track record.