AI Firm Firmus Set for ASX Listing with Oliver Curtis at Helm

Artificial intelligence company Firmus, co-founded by Oliver Curtis, is on track to list on the Australian Securities Exchange (ASX) later this year. Despite Curtis’s past conviction for insider trading, he has reportedly received informal clearance from the ASX to oversee and run the company, paving the way for the $6 billion business to go public. Discussions between Firmus and the ASX have centred around Curtis’s ability to meet the exchange’s ‘good fame and character’ requirements, a mandatory test for directors and co-chief executives. The news suggests a significant shift in the ASX’s approach to individuals with criminal records, particularly in the fast-growing AI sector. Firmus’ potential listing has been eagerly anticipated and would mark a major milestone for both the company and the ASX. The business, based in Singapore, has seen substantial growth and is now poised to tap into the Australian public market. This development will undoubtedly be watched closely by investors and other potential listings with similarly complex backgrounds.