The Firmus IPO
Nvidia-backed Firmus, from a cut IPO price to a withdrawn listing.
- Oct 913:55
Nvidia-Backed Firmus Withdraws $31B IPO That Would Have Been Australia's Biggest in Nearly 30 Years
The IPO valued the company at about A$44 billion and targeted nearly $5 billion; it would have been Australia's largest since Telstra in 1997.
- Oct 820:35
Nvidia-Backed Firmus Said to Cut $5B Australian IPO Pricing as Investors Balk
Firmus planned to raise about $5 billion in what would be Australia's second-largest IPO in nearly 30 years; local media say the price could fall from A$11 to A$8.25 a share.