Firmus withdraws IPO plan, citing market volatility
Nvidia-backed Australian AI data center operator Firmus has withdrawn its proposed mega IPO, saying the terms do not adequately reflect market conditions.
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Nvidia-backed Australian AI data center operator Firmus has withdrawn its proposed mega IPO, saying the terms do not adequately reflect market conditions.
Nvidia-backed Australian AI data center operator Firmus has withdrawn its planned IPO amid market volatility.
Nvidia-backed Firmus Grid said it withdrew its application to list on the ASX for what would have been Australia’s largest IPO in nearly 30 years, citing recent market volatility and prevailing market conditions.