Jun 3, 10:35 AM

Raspberry Pi Plans London IPO to Raise £157M, Arm Commits $35M, Valuation at $688M

British personal computer maker Raspberry Pi is moving forward with its IPO in London, aiming to raise around £157 million by selling shares priced between £2.60 and £2.80 each. Existing shareholder Arm has agreed to purchase $35 million worth of shares. The IPO could value Raspberry Pi at up to $688 million, providing a much-needed boost to London's stock markets.

#Raspberry Pi #London #Arm

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