Oliver Curtis, a business figure married to publicist Roxy Jacenko, is calling off or reconsidering plans for an Australian Securities Exchange (ASX) float of his AI company, Firmus. Multiple outlets report that the proposed listing—once expected to be among the biggest in Australia—faces delays and uncertainty, with options discussed including withdrawal or changes to timing and pricing.
The articles frame the situation as a setback after earlier plans aimed at creating a major stockmarket listing. While the coverage differs in emphasis—some focus on the size of the valuation reduction and potential IPO impacts, others highlight Curtis’ broader rise in business and how it is now “going awry”—they converge on the core point that the flotation plan is under pressure following weaker valuation expectations. The reports present the developments as fluid rather than finalized, citing the possibility of repricing or postponement alongside the reported decision to scrap the float.
