Nvidia-Backed Firmus Scraps Australia’s Second-Largest IPO Plan After Poor Demand and Volatile Market: 'Not in the Best Interests…'
Nvidia Corp. (NASDAQ: NVDA ) -backed Firmus has reportedly shelved its AUD $7.1 billion ($4.95 billion) initial public offering in Australia after poor demand and volatile market conditions, and will raise money privately instead. Turns to Private Markets “Firmus will now pursue capital from the private markets and con