Firmus Technologies in final days of $280m capital raise

Part of the catch of the day.


Firmus Technologies, the AI infrastructure start-up that has its heart set on an ASX listing next year, is obtainting ready to rule off its $280 million pre-IPO capital raising.

Street Talk understands lead stockbroker Morgans shut its high-net-worth book on Monday and has more than $250 million in commitments, suggesting a final close is days away. Allocations are still being decided, which will determine the ultimate shape of the book ahead of a sharemarket float, sources emphasised.

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