British semiconductor giant ARM is heading back to the public markets after more than five years of private life. Even better, the company’s note announcing that it filed privately to go public — a draft F-1 listing, in other words — said that it may list in the United States.
Why get so excited about it? Well, the news means ARM could be the dam-breaking domestic IPO we’ve long been waiting for. The American tech IPO market is currently dead in the water and in need of a champion to brave the unknown, and if ARM’s offering performs well, it could encourage other companies to go public, too.
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