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ABOUT Raspberry Pi
Raspberry Pi, the Cambridge-based computer manufacturer, has announced plans to go public on the UK stock market on the 14th of June. Known for its affordable single-board computers and computing modules, Raspberry Pi is popular among tech enthusiasts and students. The company's small, low-cost computers are widely used to teach basic computer science in schools and in developing countries. The recent release of the Raspberry Pi 5, aimed at enthusiasts, boasts in-house designed silicon and performance that is 2-3 times faster than its predecessor.
Despite its popularity in educational settings, Raspberry Pi's primary market is industrial applications. These compact computers are utilized in industrial IoT (Internet of Things) to gather monitoring data, which helps optimize processes and enhance efficiency. In 2023, industrial applications accounted for 72% of all Raspberry Pi units sold.
ARM Holdings which went public on the NYSE in September 2023 is a significant shareholder of Raspberry Pi. In a recent fundraising round organised by ARM, Raspberry Pi was valued at £500m. The company is also seeking a premium main market listing allowing them to be included in FTSE indices. If Raspberry Pi maintain their valuation whilst also achieving a premium listing, they could become the newest member of the FTSE 250.
Spread betting or CFD’s
You can trade on the Raspberry Pi IPO via either spread bets or CFD’s. These products allow you to speculate on the underlying price of an asset class including the Raspberry Pi IPO. You can learn more about these two products and the differences between them here.
How do IPOs work?
IPOs work by having a company put its shares up for sale to the public. Some common reasons for this include seeking to raise capital for business growth, decreasing or settling debts, positioning itself to better attract and retain talent, or increasing liquidity.
The IPO process starts off with a detailed audit of the company by an external resource – it must be conducted taking all the company’s financials into consideration. Next, a registration statement needs to be prepared by the business and filed with the appropriate exchange commission. If the commission grants approval, the company can then list a set number of shares at a price determined by an investment bank.
