Money
Firmus Technologies Abandons ASX Listing Plans
Firmus Technologies has canceled its ASX IPO after 48 hours of weak demand, citing concerns over a high valuation and a $30 billion debt load.
October 9, 2026, 08:14 PM·Crypto Briefing
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Money
Firmus Abandons IPO Plans Following Valuation Dispute
Nvidia-backed AI infrastructure firm Firmus has scrapped its $5 billion IPO after investors challenged a valuation that tripled in just two months.
Tech Startups - Tech News, Tech Trends & Startup Funding
Money
Firmus Abandons IPO Plans Amid Soft Investor Demand
Nvidia-backed data center operator Firmus Grid has shelved its AUD 7 billion IPO plans due to weak investor demand and is now exploring private funding alternatives.
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