Arm Listing Set to Be Turning Point for IPO Market, SoftBank

Arm Ltd. is expected to unveil its filing for an initial public offering as soon as Monday, giving the market a peek at the chip designer’s financial health seven years after it was acquired by SoftBank Group Corp.

The IPO, planned for September, is on track to be the year’s largest and could be one of the biggest tech listings ever on a US exchange. While Bloomberg News reported Arm was aiming to be valued at $60 billion to $70 billion in an IPO raising $8 billion to $10 billion, that target could be lower since SoftBank has decided to ...