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Nvidia-Backed Firmus Said to Close Books as Mega IPO Struggles

Bloomberg Technology Thursday 08 October 2026, 00:28 UTC By Julia Fioretti, Richard Henderson and Sangmi Cha 1 min read
Key Points

Nvidia-Backed Firmus Said to Close Books as Mega IPO Struggles Australian data center company Firmus Grid Ltd. has closed the books on its struggling initial public offering as investors grew increasingly concerned that the deal could be pulled, according to people familiar with the information. The bookbuilding closed as scheduled Thursday morning in Australia, without clear indication of the price or the deal structure, said the people, who asked not to be identified because the deal is...

Nvidia-Backed Firmus Said to Close Books as Mega IPO Struggles Australian data center company Firmus Grid Ltd. has closed the books on its struggling initial public offering as investors grew increasingly concerned that the deal could be pulled, according to people familiar with the information. The bookbuilding closed as scheduled Thursday morning in Australia, without clear indication of the price or the deal structure, said the people, who asked not to be identified because the deal is private.
Nvidia (ORG) Firmus Said (PERSON) Mega IPO (ORG) Australian (ORG) Firmus Grid Ltd. (ORG) Australia (LOCATION)
Originally published by Bloomberg Technology Read original →

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