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Sources detail how Firmus' IPO collapsed in 48 hours after US fund managers deemed its $30B valuation too rich for a company with just $51M in FY


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2026-10-10 06:08:36
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Cybersecurity Business

Bloomberg:

Sources detail how Firmus' IPO collapsed in 48 hours after US fund managers deemed its $30B valuation too rich for a company with just $51M in FY 2026 revenue  —  Nvidia-Backed Firmus IPO Collapses Video Player is loading.  —  Current Time 0:00 Loaded: 17.94% Playback Rate  —  This is a modal window.




Bloomberg:

Sources detail how Firmus' IPO collapsed in 48 hours after US fund managers deemed its $30B valuation too rich for a company with just $51M in FY 2026 revenue  —  Nvidia-Backed Firmus IPO Collapses Video Player is loading.  —  Current Time 0:00 Loaded: 17.94% Playback Rate  —  This is a modal window.



Source: TechMeme
Source Link: https://www.techmeme.com/261010/p5#a261010p5


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