Australia's Firmus Announces Schedule for A$7 billion IPO… Aims to List on the ASX on October 22
Firmus, an Australian AI data center company, plans to begin its initial public offering (IPO) on October 6, 2026, to raise 7 billion Australian dollars, or approximately 5 billion U.S. dollars. If the over-allotment option is fully exercised, the amount raised in U.S. dollars could increase to as much as 5.5 billion. If everything proceeds as scheduled, it will be the second-largest IPO in Australian history, following Telstra’s 1997 listing. According to Dealogic, it is projected to be the fourth-largest IPO globally in 2026.





