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Market Impact: 0.2
Firmus Stock Overhang Said to Make Some Investors Wary on IPO
Source: Bloomberg
IPOs & SPACsInvestor Sentiment & Positioning
Some potential investors are becoming more cautious about data center firm Firmus Grid Ltd.'s planned IPO, according to people familiar with the matter. Their concern is that existing shareholders could sell heavily soon after the company's debut; the article gives no offering size or expected market impact.
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