Browsing Tag
Coatue Management
7 posts
MAAS Group (ASX: MGH) owns 3.2% of Firmus and has A$855m in orders. What happens after the IPO collapse?
Firmus's abandoned Australian IPO creates two distinct risks for MAAS Group Holdings: the valuation and liquidity of its A$410 million minority investment, and the execution of an estimated A$855 million electrical infrastructure order. A completed A$1.61 billion asset sale provides financial flexibility, but the company's increasing exposure to AI infrastructure makes customer funding and contract delivery critical.
October 9, 2026
Firmus IPO puts A$43bn valuation against 900MW of contracted AI capacity
Firmus Technologies is seeking about A$7.1 billion in one of Australia’s largest-ever initial public offerings after building a customer roster that includes Meta Platforms, OpenAI and NVIDIA. Yet an implied equity valuation of roughly A$43 billion asks investors to price years of planned AI infrastructure growth before five of the company’s seven identified sites are operating.
October 3, 2026
SK Hynix (SKHYV) Nasdaq debut raises $26.5bn, second-largest US IPO ever after SpaceX
SK Hynix (SKHY) opens at $170 in $26.5B Nasdaq debut, +14% from $149; CEO Kwak says memory crunch persists beyond 2030 as Micron valuation discount closes.
July 10, 2026
SK Hynix files SEC prospectus for biggest ever US listing by a foreign company, targets $28 billion
SK Hynix launches $28 billion Nasdaq ADR listing under symbol SKHY, set to trade July 10 in the biggest ever US listing by a foreign company. Read more.
July 6, 2026
MGX weighs multibillion-dollar DayOne acquisition as $20bn IPO decision looms
Abu Dhabi-backed MGX is exploring a potential acquisition of DayOne Data Centers, creating a strategic contest between a private infrastructure deal and a possible $20 billion public listing.
June 20, 2026
Is Wix.com Ltd. oversold after a 16% drop? What retail investors should know now
Wix.com stock plunged 16% on May 21 amid tech selloff and valuation reset. Find out if WIX is oversold or facing deeper SaaS headwinds now.
May 22, 2025
Food delivery service provider DoorDash raises $400m in new funding round
California-based food delivery service provider DoorDash raised $400 million in Series F financing led jointly by Singaporean investment…
February 24, 2019