Firmus Technologies is inches away from hauling in $US2 billion ($2.9 billion) of fresh equity to bankroll spending for its Australian assets, in a deal that has lifted the IPO hopeful’s valuation to $15.5 billion.
Street Talk can reveal Firmus on Wednesday called an extraordinary general meeting for July 31, asking existing shareholders to vote on its biggest equity raising to date. Preference shares were offered at $230 apiece, giving the company an equity value of $15.5 billion on a post-money basis.
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