Arm Holdings shares were on the decline again early on Tuesday, as they retreated toward their opening price after the company’s initial public offering. While investors may be cooling toward the chip-design firm, majority owner SoftBank Group is counting its gains.

Arm (ticker: ARM) traded down 2% at $56.85 in premarket trading. After reaching over $65 a share following its IPO last Thursday, it is now approaching the opening price of $56.10.

However, SoftBank (9984.Japan) doesn’t seem too concerned. The company announced on Tuesday that it will receive $5.12 billion in proceeds from selling a 10% stake in Arm as part of the offering. Despite the recent decline, Arm’s stock price still remains well above its initial $51-a-share pricing. SoftBank has also stated its intention to maintain long-term ownership of the company.

The proceeds from the offering will provide a welcome boost to SoftBank’s coffers for future investments, and the successful IPO of Arm is likely to improve investor sentiment towards the possibility of further listings. SoftBank has experienced significant losses in its Vision Funds business, which holds the world’s largest venture-capital portfolio.

Despite these setbacks, SoftBank doesn’t appear to be wasting any time in pursuing new investment opportunities, particularly in the field of artificial intelligence technology. The Japanese company is reportedly leading a $280 million funding round in U.S. location-mapping company Mapbox, valuing the company at around $1.3 billion.

Overall, SoftBank’s strategic moves and investment decisions will shape its future trajectory in the technology and venture capital space.

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