Category: Semiconductors
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Plurilock (PLUR.V) lands $19 million deal, largest in their history
Yesterday, just before noon Pacific, Plurilock Security (PLUR.V) was halted on the TSX-V. The reason for the halt was left unsaid, but this morning the company dropped its news and, yeah, worth the wait. Plurilock Security Inc. has won a record $19.3-million (U.S.) cybersecurity contract with a semiconductor company listed in the S&P 500 index,…
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![Chip Designer Arm IPOs 10% over its debut price but questions arise on valuation]()
Chip Designer Arm IPOs 10% over its debut price but questions arise on valuation
Chip designer Arm (ARM:Nasdaq) launched its initial public offering today (September 14th 2023). The ARM IPO priced 95.5 million shares at $51 per share at a valuation of $54.5 billion on a fully diluted basis. This $51 was the high end of the expected range of $47-$51. Arm came out swinging. The open price was…
