Published Oct 11, 2026, 11:12 PM ET · Updated a month ago · 1 source
Firmus Fiasco Wipes Out $700 Million of Early Backer Maas’ Value
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Original Report
Maas Group Holdings Ltd. has lost more than A$1 billion ($699 million) in market value as Firmus Grid Ltd.’s initial public offering unraveled, with the shares extending their decline to a fifth day after Jefferies Financial Group Inc. downgraded its rating.