<SEC-DOCUMENT>0001193125-23-228066.txt : 20231012
<SEC-HEADER>0001193125-23-228066.hdr.sgml : 20231012
<ACCEPTANCE-DATETIME>20230905065126
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001193125-23-228066
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20230905

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARM HOLDINGS PLC /UK
		CENTRAL INDEX KEY:			0001973239
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		110 FULBOURN ROAD
		CITY:			CAMBRIDGE
		STATE:			X0
		ZIP:			CB1 9NJ
		BUSINESS PHONE:		44 1223 400 400

	MAIL ADDRESS:	
		STREET 1:		110 FULBOURN ROAD
		CITY:			CAMBRIDGE
		STATE:			X0
		ZIP:			CB1 9NJ

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Arm Holdings Ltd
		DATE OF NAME CHANGE:	20230411
</SEC-HEADER>
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<IMG SRC="g393891g0426044103029.jpg" ALT="LOGO">
</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman">2100 L STREET, NW <BR>SUITE 900 <BR>WASHINGTON <BR>DC 20037</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman">TELEPHONE: 202.887.1500</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman">FACSIMILE: 202.887.0763</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman">WWW.MOFO.COM</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><SMALL>MORRISON</SMALL>&nbsp;&amp; <SMALL>FOERSTER</SMALL> <SMALL>LLP</SMALL></P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman"><SMALL>AUSTIN</SMALL>, <SMALL>BEIJING</SMALL>, <SMALL>BERLIN</SMALL>,
<SMALL>BOSTON</SMALL>,<BR><SMALL>BRUSSELS</SMALL>, <SMALL>DENVER</SMALL>, <SMALL>HONG</SMALL> <SMALL>KONG</SMALL>,<BR><SMALL>LONDON</SMALL>, <SMALL>LOS</SMALL> <SMALL>ANGELES</SMALL>, <SMALL>MIAMI</SMALL>, <BR><SMALL>NEW</SMALL> <SMALL>YORK</SMALL>,
<SMALL>PALO</SMALL> <SMALL>ALTO</SMALL>, <SMALL>SAN</SMALL> <SMALL>DIEGO</SMALL>, <BR><SMALL>SAN</SMALL> <SMALL>FRANCISCO</SMALL>, <SMALL>SHANGHAI</SMALL>, <SMALL>SINGAPORE</SMALL>,<BR><SMALL>TOKYO</SMALL>, <SMALL>WASHINGTON</SMALL>,
<SMALL>D</SMALL>.<SMALL>C</SMALL>.</P></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">September&nbsp;5, 2023 </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>VIA
EDGAR </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Attention: Jenny O&#146;Shanick, Erin Purnell </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Division of Corporation Finance </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Office of Manufacturing </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">U.S. Securities and Exchange Commission </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">100 F Street, N.E. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Washington, D.C. 20549 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B>Re:</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Arm Holdings Limited </B></P></TD></TR></TABLE>
<P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>Registration Statement on Form <FONT STYLE="white-space:nowrap">F-1</FONT> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>Filed on August&nbsp;21, 2023 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>File <FONT STYLE="white-space:nowrap">No.&nbsp;333-274120</FONT> </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ladies and Gentlemen, </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">On behalf of our client, Arm Holdings
plc (formerly known as Arm Holdings Limited), a foreign private issuer incorporated under the laws of England and Wales (the &#147;Company&#148;), we are responding to the comment from the Staff (the &#147;Staff&#148;) of the Securities and Exchange
Commission (the &#147;Commission&#148;) relating to the Company&#146;s registration statement on Form <FONT STYLE="white-space:nowrap">F-1</FONT> filed on August&nbsp;21, 2023 (the &#147;Registration Statement&#148;) contained in the Staff&#146;s
letter dated August&nbsp;28, 2023 (the &#147;Comment Letter&#148;). The Company is concurrently filing Amendment No.&nbsp;2 to its registration statement on Form <FONT STYLE="white-space:nowrap">F-1</FONT> (&#147;Amendment No.&nbsp;2&#148;) together
with this response letter. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Set forth below is the Company&#146;s response to the Staff&#146;s comment. We have reproduced below in bold the Staff&#146;s
comment and have provided the Company&#146;s response immediately following the comment. Capitalized terms used but not defined within this letter have the meanings ascribed to them in Amendment No.&nbsp;2. Unless otherwise indicated, page
references in the description of the Staff&#146;s comment refer to the Registration Statement, and page references in the response below refer to Amendment No.&nbsp;2. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>Form <FONT STYLE="white-space:nowrap">F-1</FONT> filed August&nbsp;21, 2023 </U></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>Capitalization, page 84 </U></B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B>1.</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>We note that the table presents your cash and cash equivalents and capitalization as of June&nbsp;30, 2023.
Please remove the cash and cash equivalents from your total capitalization amounts, as cash and cash equivalents are not part of your capitalization, and include bold or double underlines and additional spacing following the cash and cash
equivalents amounts to highlight to investors that the two amounts are separate. </B></P></TD></TR></TABLE>
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<IMG SRC="g393891g0426044103029.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">September&nbsp;5, 2023 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Page
Two </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><U>Response</U>: In response to the Staff&#146;s comment, the Company has revised the
disclosure on page 85 to remove cash and cash equivalents from its total capitalization amounts and include double underlines and additional spacing following the cash and cash equivalents amounts. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">********** </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">We hope that the Company&#146;s
response above adequately addresses the Staff&#146;s comment. If the Staff has any questions or requires any additional information, please do not hesitate to contact the undersigned by phone at
<FONT STYLE="white-space:nowrap">(202)&nbsp;887-8785</FONT> or via <FONT STYLE="white-space:nowrap">e-mail</FONT> at JustinSalon@mofo.com. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Very truly yours,</P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">/s/ Justin R. Salon</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Justin R. Salon</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:2.00em; text-indent:-2.00em; font-size:10pt; font-family:Times New Roman">CC:&#8201;&#8202;Spencer Collins, <I>Arm Holdings plc</I></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">Jason Child, <I>Arm Holdings plc</I></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman">Laura Bartels, <I>Arm Holdings plc</I></P></TD></TR>
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