Failed $44B Firmus float probed by corporate watchdog

> News of ASIC’s inquiries broke hours after Firmus lodged its annual financial statement with the regulator. It posted a $US77.3 million ($110 million) loss before tax in the 2026 financial year, and spent $US1.5 billion ($2.1 billion) on construction, property costs and equipment to develop its network of data centres.