ATLAS News · Deals

Windward Bio Lists on Nasdaq; Firmus Plans Raise After IPO Collapse

· 2 sources

Windward Bio has listed on Nasdaq, per a company announcement in the Financial Times, while Bloomberg cites the AFR on Firmus's capital-raising plan.

What happened

The Financial Times published a company announcement saying that Windward Bio, a biotech focused on innovative immunology, has listed on Nasdaq.

Separately, Bloomberg reports, citing the Australian Financial Review (AFR), that Firmus plans to raise $3 billion after its IPO collapsed.

The sources provided give no further details on the terms of either transaction, the companies' valuations or the reasons behind the IPO collapse.

Context

Biotech companies often turn to public markets to fund research, and companies whose IPOs fall through sometimes look at other ways to raise capital.

Why it matters

The two items show contrasting conditions for capital-raising, which may interest those following listings and funding activity.

Sources

ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.

  1. Innovative Immunology Biotech Windward Bio Lists on Nasdaq – Company Announcement · Financial Times · November 14, 2026
  2. Firmus Plans to Raise $3 Billion After IPO Collapse, AFR Says · Bloomberg.com · November 15, 2026

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