Arm is widely seen as the jewel in the crown of the U.K. tech industry and several people want it to be listed in its home country.
earlier this month amid growing regulatory scrutiny, prompting SoftBank to return to its original plan of an Arm IPO instead.likely take place on New York's Nasdaq stock exchange"The U.S. ... that's the market that we are looking at when it comes to listing Arm, and most likely Nasdaq," Son said."But wherever it is, the U.S. is the market that we're looking at for the listing of Arm.
"The Arm team leading the company will also have some bargaining power since they will be important in terms of a listing – they will have to sell it," Urquhart added. "By bringing the business to list here, Softbank and Arm would be endorsing the U.K.'s future potential to build great companies and that signal would be very powerful to those who are founding businesses or investing in innovative tech here," he said.Chief Financial Officer Akash Palkhiwala told CNBC Monday that Arm is an incredibly valuable technology company and that it will be successful wherever it lists.
The company was dual-listed in London and New York until 2016, when SoftBank bought it for $32 billion.
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