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Home Market dynamics

Raspberry Pi is officially listed on the London Stock Exchange under the name "RPI".

Author: Mash Yang
2024-06-12
in Market dynamics, Life, Processor
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In May this year, it was confirmed that the company would be listed on the London Stock Exchange.Raspberry Pi, officially named "RPI"Fully public tradingHowever, initially, the stock will only be open to specific institutional shareholders on a conditional basis, and it is expected that general investors will not be allowed to trade the stock until Friday this week.

Raspberry Pi is officially listed on the London Stock Exchange under the name "RPI".

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Through this listing transaction, Raspberry Pi is expected to raise approximately 1.79 million pounds and increase the company's market value to 5.4 million pounds.

After Raspberry Pi is officially listed, Arm's shareholding in Raspberry Pi is expected to increase, and its shareholding value is expected to reach US$3500 million. Lansdowne, a long-established European hedge fund, has also signed an investment agreement with Raspberry Pi, and is expected to purchase shares worth up to US$2000 million.

As previously stated, Raspberry Pi stated that the funds raised from this IPO will be used to fund future engineering and R&D, enhance the supply chain flexibility of Raspberry Pi products, and for other commercial purposes. Furthermore, Raspberry Pi pledged that even with its entry into the capital market, its mission remains unchanged: to promote science education and enable more people to enter the field of computing science through Raspberry Pi products.

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Tags: IPORaspberry PiRPI
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Mash Yang

Mash Yang

Founder and editor of mashdigi.com, and student of technology journalism.

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