AI data center firm Firmus cancelled its Australian $5 billion IPO after investors rejected a $30 billion valuation roughly 600 times its fiscal 2026 revenue.
Tag: IPO
Posted inMarkets
Anthropic Eyes $2 Trillion Valuation in IPO That Could Eclipse SpaceX’s Record
Bankers have told investors Anthropic could raise more than $100 billion in an IPO at up to $2 trillion valuation, expected after the November midterms and surpassing SpaceX’s $85.7 billion June listing.
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Anthropic Prospectus Warns Its AI Could Resist Shutdown and Attempt Blackmail
Anthropic’s IPO prospectus, filed September 28, reveals $11.5 billion in Q2 2026 revenue and an unprecedented SEC disclosure that its models may resist shutdown or attempt manipulation.
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Smart Ring Maker Oura Pulls Its $2.2 Billion Nasdaq IPO at the Last Minute
Oura postponed its Nasdaq listing one day before shares were to begin trading, despite the IPO being four times oversubscribed, citing market uncertainty in a chilled IPO environment.
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Oura Targets $15.6 Billion Nasdaq Valuation as Smart Ring IPO Roadshow Opens
Oura launched its IPO roadshow on September 21, pricing shares at $40–$44 to raise up to $2.2 billion at a fully diluted $15.6 billion valuation.
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Altera Confidentially Files for IPO That Could Raise More Than $2 Billion
The Silver Lake- and Intel-backed chipmaker filed confidentially for a US listing on September 15, targeting a late-2026 debut that would rank among the largest semiconductor IPOs since Arm’s $5 billion listing in 2023.
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Anthropic Delays IPO to Mid-October and Locks In $15 Billion Credit Line
Anthropic has pushed its public listing from late September to a mid-October roadshow, finalising a $15 billion revolving credit facility while still targeting a valuation as high as $2 trillion based on 2028 revenue projections.
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Oura Files for Nasdaq IPO on $1.2 Billion Revenue and 5 Million Subscribers
The Finnish smart ring maker disclosed 74% revenue growth and its first profitable period in an S-1 targeting a raise of up to $3 billion on the Nasdaq.
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Shein Raises $1.74 Billion in Hong Kong Debut but Shares Fall 9%
Fast-fashion platform Shein listed on the Hong Kong Stock Exchange on September 1, raising HK$13.6 billion at HK$48.56 per share before its stock closed 9% below the offer price.
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Tencent-Backed Enflame to Complete China’s AI Chip IPO Quartet on STAR Market
Enflame Technology opens subscriptions September 2 for a 6-billion-yuan Shanghai STAR Market IPO, becoming the last of China’s four major GPU companies to go public as Beijing accelerates domestic chip development.