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19h ago

Firmus Grid Delays IPO Plans, Considers Private Funding Round

Oct 8, 2026
AI Summary

Firmus Grid Ltd., an Australian data center company backed by Nvidia, is postponing its initial public offering. Instead, the company is exploring a private funding round with existing investors.

  • Firmus Grid Ltd. is an Australian data center company supported by Nvidia Corp.
  • The company has decided to postpone its initial public offering (IPO).
  • Firmus is currently in discussions with existing investors about a potential private funding round.
  • The order-taking for the IPO had closed as scheduled, but details on pricing and deal structure were not disclosed.
nvidiaipofundingdata centerfirmus