Or it could become the world's largest IPO this year, with a valuation of approximately 54 billion US dollars! This chip giant is about to go public
On the 13th local time, chip design company Anmou confirmed its initial public offering, which is priced at $51 per share. Anmou's IPO is expected to raise approximately $4.87 billion, making it the largest global IPO this year.
According to the plan, on the 14th local time, Anmou will be listed and traded on the NASDAQ Global Select Market in the United States. A total of 95.5 million American depositary shares were issued this time, with a final price of $51 per share at the upper limit of the issuance price range. The company's valuation is approximately $54 billion. After the IPO, SoftBank Group of Japan, to which Anmou belongs, still retains about 90% of the company's shares.
In addition, Anmou has set aside over $700 million in stocks for its major clients to purchase in its IPO, including Intel, Apple, Nvidia, Samsung Electronics, and TSMC. Previously, insiders revealed that Anmou received over 10 times the oversubscription for this IPO. Due to strong demand, the company had to end the subscription one day in advance.
![Or it could become the world's largest IPO this year, with a valuation of approximately 54 billion US dollars! This chip giant is about to go public](https://a5qu.com/upload/images/0899672661e0f93f286c4b5574f794d3.png)
Anmou, headquartered in Cambridge, UK, was listed on the London Stock Exchange in 1998. In 2016, SoftBank Group of Japan acquired Anmou for approximately $32 billion and delisted it. Due to investment losses, SoftBank Group's financial situation has deteriorated in recent years. In 2020, SoftBank announced plans to sell Anmou to chip industry giant Nvidia for $40 billion, but the deal was intervened by antitrust agencies from multiple countries and ultimately failed in February 2022. After Sun Zhengyi, Chairman of SoftBank Group, announced the launch of a backup plan, which seeks to re list Anmou.