Macro Finance
Firmus Said to Plan Allocating Half of IPO to Early Backers
Bloomberg Markets·October 5, 2026·1 min read
Firmus Grid Ltd. plans to allocate about half of the shares in its initial public offering to existing shareholders, according to people familiar with the matter. This puts Nvidia Corp and Blackstone Group in a position to increase their stakes in the company. The move signals strong backing from early investors as the IPO approaches.
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