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Nvidia-Backed Firmus Is Set to Postpone IPO, Weigh Private Round

Bloomberg Technology Thursday 08 October 2026, 17:17 UTC By Julia Fioretti, Manuel Baigorri and Anthony Hughes 1 min read
Key Points

Nvidia-Backed Firmus Is Set to Postpone IPO, Weigh Private Round Australian data center company Firmus Grid Ltd. is set to postpone its initial public offering, and the company is weighing a private funding round instead, according to people familiar with the matter. The Nvidia Corp.-backed company is in talks with existing investors and others for the private round, the people said, asking not to be identified as the information isn’t public. Order-taking for the IPO closed as scheduled...

Nvidia-Backed Firmus Is Set to Postpone IPO, Weigh Private Round Australian data center company Firmus Grid Ltd. is set to postpone its initial public offering, and the company is weighing a private funding round instead, according to people familiar with the matter. The Nvidia Corp.-backed company is in talks with existing investors and others for the private round, the people said, asking not to be identified as the information isn’t public. Order-taking for the IPO closed as scheduled Thursday morning, yet there was no clear indication of the price or deal structure, Bloomberg News reported earlier.
Nvidia (ORG) Weigh Private Round Nvidia (ORG) Weigh Private Round Australian (ORG) Firmus Grid Ltd. (ORG) IPO (ORG) Bloomberg News (ORG)
Originally published by Bloomberg Technology Read original →

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