Breaking: Data centre operator pulls share market float after lacklustre investor demand
Firmus Technologies is building AI data centres in Tasmania, but most of its planned centres are not built yet. (Supplied: Firmus Technologies)
AI data centre company Firmus has confirmed it has withdrawn its application to list on the ASX, scrapping what was set to be one of Australia's biggest share market floats.
The company cited recent market volatility and conditions, saying the offer would not appropriately reflect its long-term growth prospects.
Firmus says it will now pursue private market funding while considering other options.
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