📢 𝗝𝗨𝗦𝗧 𝗜𝗡: Firmus Grid Targets A$𝟱.𝟬 Billion IPO at A$𝟰𝟯.𝟳 Billion Valuation - $Nebius(NBIS.US) $IREN(IREN.US) $Whitefiber(WYFI.US) $Coreweave(CRWV.US) $CleanSpark(CLSK.US) $Riot Platforms(RIOT.US) $Terawulf(WULF.US) $Applied Digital(APLD.US) $Hut 8 Mining(HUT.US)
👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:➤ 𝗙𝗶𝗿𝗺𝘂𝘀 𝗚𝗿𝗶𝗱 targets an IPO raising A$𝟱.𝟬 𝗯𝗶𝗹𝗹𝗶𝗼𝗻.➤ IPO is being marketed at A$𝟭𝟭 per share.➤ Pricing would value Firmus Grid at A$𝟰𝟯.𝟳 𝗯𝗶𝗹𝗹𝗶𝗼𝗻.➤ Valuation equates to approximately US$𝟯𝟬.𝟯 𝗯𝗶𝗹𝗹𝗶𝗼𝗻.➤ Underwriters report sufficient indications to cover the A$𝟱.𝟬 billion offering.➤ Deal could be upsized by an additional A$𝟱𝟬𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻.➤ Institutional bookbuild opens Tuesday and is scheduled to close Friday.➤ Firmus Grid's 𝗔𝗦𝗫 listing is scheduled for 𝗢𝗰𝘁𝗼𝗯𝗲𝗿 𝟮𝟯.➤ Offering would rank among 𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗮'𝘀 largest-ever IPOs.👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:➤ A successful offering could significantly revive Australia's subdued 𝗜𝗣𝗢 market.➤ The valuation highlights investor interest in 𝗱𝗮𝘁𝗮-𝗰𝗲𝗻𝘁𝗿𝗲 infrastructure.➤ Potential A$𝟱𝟬𝟬 million upsize indicates strong early institutional demand.➤ The transaction could become a major benchmark for future infrastructure listings.
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