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Ex-Banker’s Redemption Story Hits a Setback as Firmus Pulls IPO

Bloomberg Markets Friday 09 October 2026, 08:16 UTC By Anders Melin, Ambereen Choudhury and Amy Bainbridge 1 min read
Key Points

Ex-Banker’s Redemption Story Hits a Setback as Firmus Pulls IPO The listing of Firmus Grid Ltd. was poised to be the next beat of Oliver Curtis’s comeback story after serving time in prison on insider trading charges. It would also have cemented his position among the artificial intelligence boom’s ultra-wealthy. But on Friday, the entrepreneur was facing another — if smaller — reversal of fortune as his data center company pulled its initial public offering after investors grew wary of its...

Ex-Banker’s Redemption Story Hits a Setback as Firmus Pulls IPO The listing of Firmus Grid Ltd. was poised to be the next beat of Oliver Curtis’s comeback story after serving time in prison on insider trading charges. It would also have cemented his position among the artificial intelligence boom’s ultra-wealthy. But on Friday, the entrepreneur was facing another — if smaller — reversal of fortune as his data center company pulled its initial public offering after investors grew wary of its targeted valuation.
Ex-Banker’s (ORG) Firmus Pulls (ORG) IPO Ex-Banker’s (ORG) Firmus Grid Ltd. (ORG) Oliver Curtis’s (PERSON)
Originally published by Bloomberg Markets Read original →

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