The Globe and Mail reports in its Friday edition that U.S. investors are awaiting a slew of initial public offerings in coming months, hoping to ride the recent rally in equity markets. A Reuters dispatch to The Globe says that the deals could revive demand for new listings, which have been in the doldrums for nearly two years. British chip-designer Arm Holdings PLC, owned by Japan's Softbank Group Corp., launched what is expected to be this year's biggest IPO that could raise about $5-billion (U.S.) and value the company at as much as $52-billion (U.S.). The company publicly filed its IPO with Securities and Exchange Commission last month and kicked off its IPO road show this week in Baltimore, where influential asset manager T Rowe Price is headquartered. Arm says it has already signed up many of its major clients as cornerstone investors, including Apple, Nvidia, Alphabet, Advanced Micro Devices, Intel and Samsung Electronics. Arm is considered to be a linchpin of the global semiconductor industry. Barclays, Goldman Sachs, JPMorgan Chase and Mizuho Financial Group are the lead underwriters for the offering. Arm expects to begin trading on Nasdaq in the coming weeks under the symbol ARM.