Arm Holdings, a UK-based chip designer, has received a valuation of $54.5 billion (£43.6 billion) as it makes its eagerly awaited comeback to the public market.
Priced at $51 per share, the shares are at the top of the range that was previously disclosed to potential investors.
The sale now ranks as the year's largest initial public offering (IPO).
On Thursday, trading in Arm shares is expected to begin on the Nasdaq stock market in New York.
According to the corporation, $4.87 billion worth of shares were sold, raising money for its Japanese owner SoftBank Group.
Arm customers, including Apple, Google, Nvidia, Alphabet, Advanced Micro Devices, Intel and Samsung have all said they would invest in the IPO.
In March, Arm announced that it would not list its shares in the UK, in a blow to the London stock market.
Reports in January said Prime Minister Rishi Sunak had held talks with SoftBank about a potential UK listing.
Arm said it had decided that listing the company solely in the US was "the best path forward".
Hermann Hauser, who was involved in the development of the first Arm processor, told the BBC's Today programme that the UK's decision to leave the European Union was partly to blame for the shares being listed in the US rather than the UK, as it had affected the standing of the London Stock Exchange.
The intention, of course, was to have a dual listing, but given the scale of the IPO and the shrinking size of the London Stock Exchange, that wasn't really feasible, according to Mr. Hauser.
Arm, a leading name in British technology, believes that 70% of people worldwide use goods that rely on its chips, including almost all smartphones.
Seven years ago, SoftBank purchased Arm in a $32 billion deal, taking it private.
Although it had previously agreed to do so, the idea was scrapped in February of the previous year.
The transaction had to overcome significant regulatory obstacles in the US, the EU, and the UK.