SoftBank Group (ARM) discloses 922,733,999 indirectly held ARM shares
Rhea-AI Filing Summary
SoftBank Group Corp. filed an initial ownership report showing indirect beneficial ownership of 922,733,999 Ordinary Shares of Arm Holdings plc. These shares are held of record by Kronos II LLC, an indirect wholly owned subsidiary within SoftBank’s corporate structure. The Ordinary Shares have a nominal value of 0.001 GBP per share and may be represented by American Depositary Shares, each equal to one Ordinary Share.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- The ordinary shares, nominal value 0.001 GBP per share ("Ordinary Shares"), of Arm Holdings plc (the "Company") may be represented by American Depositary Shares, each representing one Ordinary Share. Represents shares held of record by Kronos II LLC ("Kronos II"). Kronos II is an indirect wholly-owned subsidiary of SoftBank Group Corp. ("SoftBank Group"). Kronos II is a direct wholly-owned subsidiary of Kronos I (UK) Limited, which is in turn a direct wholly-owned subsidiary of Kronos Holdco (UK) Limited, which is in turn a direct wholly-owned subsidiary of SoftBank Group Capital ("SBGC"). SBGC is an indirect wholly-owned subsidiary of SoftBank Group, whose interests are held 46% by SoftBank Group and 54% by SoftBank Group Overseas GK, a direct wholly-owned subsidiary of SoftBank Group.
FAQ
What does the Form 3 for ARM and SoftBank represent?
Is SoftBank’s ownership in ARM direct or indirect in this disclosure?