Macro Finance
Firmus Said to Plan Allocating Half of IPO to Existing Investors
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 would allow Nvidia Corp and Blackstone Group to increase their stakes in the company. The IPO structure aims to reward current investors while raising new capital.
Read at Bloomberg MarketsDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.