On September 14, Arm Holdings Limited officially listed on Nasdaq, raising $4.87 billion and trading under the symbol "ARM". ARM is not only the largest IPO in the U.S. and global markets so far this year, but also the third largest IPO in the technology sector in history, behind Alibaba and Meta.

Arm, a wholly owned subsidiary of SoftBank Group, is the world's leading provider of semiconductor intellectual property (IP), and more than 90% of the world's mobile phone chips are supported by Arm architecture. Its energy-efficient processor designs and software platforms have enabled advanced computing in more than 250 billion chips and its technologies securely power products from the sensor to the smartphone and the supercomputer.

Morrison & Foerster LLP is the Company's UK and US legal advisers; Davis Polk & Wardwell LLP acted as legal counsel to the underwriters; Sullivan & Cromwell LLP provided legal support to SoftBank Group.