casinonodeposit| Raspberry Pi confirms plans to launch an IPO in June, Arm will invest an additional $35 million

IT Home May 23 Newscasinonodeposit, Raspberry Pi Co., Ltd. submitted documents to the London Stock Exchange yesterday local time, confirmingcasinonodepositHe expressed his intention to conduct an IPO on the exchange. The company plans to officially go public in June this year.

Raspberry Pi Co., Ltd. plans to raise US$40 million by issuing new shares (IT Home Notes: Currently about 2casinonodeposit.90 million yuan), while existing shareholders, including its largest shareholder, the Raspberry Pi Foundation, will also sell some of their shares.

Arm Company made a small-scale strategic investment in Raspberry Pi Co., Ltd. in 2023 to further deepen the cooperation between the two parties.

In this IPO, Arm will further expand its stake in Raspberry Pi Co., Ltd. and purchase US$35 million (currently approximately 2casinonodeposit.54 billion yuan) shares.

In addition to Arm, institutional investor Lansdowne also signed a cornerstone investment agreement with Raspberry Pi Co., Ltd., agreeing to purchase up to US$20 million (currently approximately RMB 145 million) in stock.

Funds raised from this IPO will be used for Raspberry Pi's engineering capital expenditures, enhancing the resilience of the Raspberry Pi supply chain and other general business purposes.

Martin Hellawell, non-executive chairman of Raspberry Pi, said in the document:

We are pleased to confirm our intention to list on the London Stock Exchange, which highlights our confidence in the UK as the home of innovative and growing global companies.

The Raspberry Pi is a success story in UK computing, marking the next stage in the company's development.

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