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Arm Announces Public Filing for Proposed Initial Public Offering

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Re: Arm Announces Public Filing for Proposed Initial Public Offering

#21

Post by sapiogram »

DaiPlusPlus wrote: post #14
Thev00d00 wrote: post #5

Bit of a downer for the UK to see them list in the US, I do understand they just want access to the most capital, but I find a shame LSE is not competitive for this kind of thing.

> Bit of a downer for the UK to see them list in the US I wonder to what extent the overarching business culture of the UK (which I'd categorise as being generally apathetical, if not hostile, to the engineering profession) might have anything to do with it. (...speaking as a former UK eng myself)

> which I'd categorise as being generally apathetical, if not hostile, to the engineering profession

Any chance you could elaborate on this? Arm exists and is British, after all.

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#22

Post by ricardobayes »

Thev00d00 wrote: post #5

Bit of a downer for the UK to see them list in the US, I do understand they just want access to the most capital, but I find a shame LSE is not competitive for this kind of thing.

The business enviroment is a lot better in the US, a friend just started a company there, got an unsecured 80k line of credit at 1.5% on a fresh LLC. This kind of thing doesn't exist in the UK. I know people who couldn't even get a 5k overdraft after 2 years in business (and profitable).

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#23

Post by DaiPlusPlus »

highwaylights wrote: post #17
DaiPlusPlus wrote: post #14

Earlier quoted context omitted.

> Bit of a downer for the UK to see them list in the US I wonder to what extent the overarching business culture of the UK (which I'd categorise as being generally apathetical, if not hostile, to the engineering profession) might have anything to do with it. (...speaking as a former UK eng myself)

Same. I think this is the correct answer.

It can't be - sentimentality rarely gets in a way of a business-deal this big. But it might explain why ARM themselves (whether employees or shareholders, regardless of country) might not put too much effort into staying in the UK, I mean.

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#24

Post by _fizz_buzz_ »

Thev00d00 wrote: post #5

Bit of a downer for the UK to see them list in the US, I do understand they just want access to the most capital, but I find a shame LSE is not competitive for this kind of thing.

Does it make a big difference where a stock is listed? ARM will still be headquartered in the UK.

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#25

Post by swarnie »

_fizz_buzz_ wrote: post #24
Thev00d00 wrote: post #5

Bit of a downer for the UK to see them list in the US, I do understand they just want access to the most capital, but I find a shame LSE is not competitive for this kind of thing.

Does it make a big difference where a stock is listed? ARM will still be headquartered in the UK.

Not particularly, London isn't exactly known for its share trading anyhow.

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#26

Post by farseer »

Sealy wrote: post #13
Thev00d00 wrote: post #5

Bit of a downer for the UK to see them list in the US, I do understand they just want access to the most capital, but I find a shame LSE is not competitive for this kind of thing.

Sadly the UK has a long history of sending its own tech industry abroad... It begun with the invention of the computer as we know it... - Charles Babbage,"Father of the computer", British - Alan Turing, "Father of modern computer science", British Then there was Margret Thatcher who decided the internet was a fad and wasn't worth investing in internet infrastructure in the country. Where did the multi billion (if not…

Well you can't make all the right moves in history :) At least they got mercantilism right and built an effective navy to practically rule the world not so long ago.

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#27

Post by bunnie »

scrlk wrote: post #2

F-1: https://www.sec.gov/Archives/edgar/data/1973239/000119312523...

Total revenue: 2.679bb Gross profit: 2.573bb

(page 18, FY2023)

96% gross profit margin? Ahh to be an IP licensing company....why would anyone invest in building physical things when there are opportunities like this out there!

edit: clarify gross profit margin

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#28

Post by gswdh »

sapiogram wrote: post #21
DaiPlusPlus wrote: post #14

Earlier quoted context omitted.

> Bit of a downer for the UK to see them list in the US I wonder to what extent the overarching business culture of the UK (which I'd categorise as being generally apathetical, if not hostile, to the engineering profession) might have anything to do with it. (...speaking as a former UK eng myself)

> which I'd categorise as being generally apathetical, if not hostile, to the engineering profession Any chance you could elaborate on this? Arm exists and is British, after all.

I'm not sure what that poster was referring to, however in my experience (as a brit), is that the UK is replacing any kind of industry into a service economy aka. people buying shit they don't need. You see this in a number of ways like the physical replacement of industrial areas into shopping centres or the fact the UK can't manufacture rail locomotives - the place where they were invented...

Having said this, there is still a reasonable amount of industry in the UK, the UK is by far the best country in the EU to buy engineering supplies but I think this is a remnant of the past. Most of the major engineering companies in industrial estates are Asian or American owned, now.

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#29

Post by DiscoDays »

_fizz_buzz_ wrote: post #24
Thev00d00 wrote: post #5

Bit of a downer for the UK to see them list in the US, I do understand they just want access to the most capital, but I find a shame LSE is not competitive for this kind of thing.

Does it make a big difference where a stock is listed? ARM will still be headquartered in the UK.

What does it mean that Arm is headquartered in the UK, practically speaking? What kind of a change would need to happen for, say, the Austin office to become the headquarter?

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#30

Post by dazc »

sapiogram wrote: post #21
DaiPlusPlus wrote: post #14

Earlier quoted context omitted.

> Bit of a downer for the UK to see them list in the US I wonder to what extent the overarching business culture of the UK (which I'd categorise as being generally apathetical, if not hostile, to the engineering profession) might have anything to do with it. (...speaking as a former UK eng myself)

> which I'd categorise as being generally apathetical, if not hostile, to the engineering profession Any chance you could elaborate on this? Arm exists and is British, after all.

I think a simpler answer is that for directors looking for a cash windfall the US markets are currently a more favourable choice.
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