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coob·

Is it an IPO if they’ve already previously been public?

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"Returning to the market" were similar headlines when Dell went public again.[0][1][2]

[0] https://www.reuters.com/article/us-dell-ipo-idUSKCN1OR14E

[1] https://www.wsj.com/articles/dell-returns-to-public-equity-m...

[2] https://www.theverge.com/2018/12/28/18159305/dell-stock-mark...

Yes, that doesn't change anything. Many companies have been taken private that were public, and then went public again. Your choice for going public is either an SPAC or an IPO/DPO.

I think there is a term for this: Follow-on Public offering (FPO

Stock market flotation.

Maybe we should call it a Secondary Public Offering then.

YAPO? "Yet another public offering"

HWGA - here we go again

I was just writing something similar after some research when I found this existing thread. Maybe we should refer to these public-private-public carousels as PEPOs (Private Equity Public Offering) ? :P

Pedantic nit: not quite an IPO (Initial Public Offering) in its true sense since the original ARM Holdings was already a public limited company (PLC) before Softbank bought it from its shareholders in 2016. The trading entity and group parent is Arm Ltd, a private limited company formed in 1990 [0].

There is however a currently dormant Arm Holdings Ltd [1] incorporated in 2018 which may be converted to a public company so it would be the first time this legal entity has been publicly listed.

[0] https://find-and-update.company-information.service.gov.uk/c...

[1] https://find-and-update.company-information.service.gov.uk/c...

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