Friday, 9 October, 2026
AI Darling's IPO Meltdown Halts Maas Trading
By TechShots Studio
Australia’s Maas Group has entered a trading halt on the ASX following a sharp stock selloff after Nvidia-backed data center operator Firmus scrapped its massive $5 billion IPO in favor of private funding. The cancelled listing and valuation concerns hammered Maas—which holds a stake and major contracts with Firmus—prompting the trading suspension pending an official market update on their contractual arrangements.
Read full story at LIVEMINT