Brawl over $140m Firmus stake settles days before court date (opens original article in a new tab)

Two private credit financiers settled a legal dispute over a $140 million stake in Firmus Technologies days before a court date, involving 1.1 million shares and allegations of improper transfer between former business partners.

• Two private credit financiers settled a legal dispute over a $140 million stake in Firmus Technologies days before a court date.
• The dispute involved 1.1 million shares and allegations of improper transfer between former business partners.
• The case was related to a potential $7 billion valuation of the AI start-up during its upcoming float.