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FRMI

Fermi Inc. Common Stock

NASDAQ · USUtilitiesRegulated Electric
$6.12+1.16%

Price as of Jul 20, 2026

FRMI news

Fermi Inc. Common Stock news

A server-rendered, paginated timeline of the latest available company news.

  1. Fermi Announces Second Quarter 2026 Earnings Release and Call Date

    Fermi to host earnings call on August 13, 2026 DALLAS, TX / ACCESS Newswire (https://www.accessnewswire.com/) / July 20, 2026 / Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), announced today that it plans to release second quarter 2026 financial results at 7 a.m. Eastern Time / 12 p.m. British Time on Thursday, August 13, 2026. This announcement will be followed by an earnings conference call at 9 a.m. Eastern Time / 2 p.m. British Time. The Company'

    ACCESSWIRE ·

  2. Neugebauer Addresses $375mm Convertible Note Offering that Resulted in Former Fermi CFO Miles Everson's Resignation from Fermi Board; Reaffirms Confidence in Company Securing Its Tenant

    Neugebauer Addresses $375mm Convertible Note Offering that Resulted in Former Fermi CFO Miles Everson's Resignation from Fermi Board; Reaffirms Confidence in Company Securing Its Tenant PR Newswire DALLAS, July 13, 2026 * As the former CFO of Fermi and the principal author of the Committee of Sponsoring Organizations Internal Control—Integrated Framework, Everson's departure from Fermi's board is disheartening for all shareholders * The Fermi Board and its lawyers continue abusing Texas' pr

    PR Newswire ·

  3. Fermi Inc. Prices Upsized Offering of $375 Million of Convertible Senior Notes - Dilution Offset Until $14.64 per Share

    DALLAS, TX / ACCESS Newswire (https://www.accessnewswire.com/) / July 9, 2026 / Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company") today announced the upsized pricing of 5.00% convertible senior notes due 2031 (the "Notes") in an aggregate principal amount of $375 million (the "Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The Company

    ACCESSWIRE ·

  4. Fermi Inc. Announces Proposed Offering of $350 Million of Convertible Senior Notes with Capped Call Anti-Dilution Protection

    DALLAS, TX / ACCESS Newswire (https://www.accessnewswire.com/) / July 9, 2026 / Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America(™) ("Fermi" or the "Company") today announced its intention to offer, subject to market conditions and other factors, $350 million aggregate principal amount of convertible senior notes due 2031 (the "Notes") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securit

    ACCESSWIRE ·

  5. Neugebauer Suspends Current Proxy Campaign While Leading with About 70% of Votes Recorded, Following Judge's Inexplicable Last-minute Recusal That Throws off Timeline for Strategic Process; Reaffirms Confidence in Fermi's Future

    Neugebauer Suspends Current Proxy Campaign While Leading with About 70% of Votes Recorded, Following Judge's Inexplicable Last-minute Recusal That Throws off Timeline for Strategic Process; Reaffirms Confidence in Fermi's Future PR Newswire DALLAS, July 3, 2026 * More than 70% of votes cast to date have been in favor of calling a special meeting, underscoring shareholders' demand for a special meeting to determine Fermi's future * After Fermi's top two law firms recently withdrew from the c

    PR Newswire ·

  6. Neugebauer Asks: What Is the Fermi Board Afraid to Say Under Oath? As Company Dismisses Litigation Prior to Discovery

    Neugebauer Asks: What Is the Fermi Board Afraid to Say Under Oath? As Company Dismisses Litigation Prior to Discovery PR Newswire DALLAS, July 1, 2026 * Just days after the Texas Business Court ordered Fermi to produce documents and testimony explaining the rationale for its 70% supermajority bylaw, the Company filed a notice of non-suit dismissing its own case * Fermi's two leading law firms, Baker Botts and Paul Weiss, file to be removed from the case two weeks ago * Fermi abandons its o

    PR Newswire ·

  7. Fermi Selects Primoris Services Corporation to Engineer and Construct Balance of Plant for First Six SGT-800 Gas Turbines of Phase One Power Buildout

    Fermi Selects Primoris Services Corporation to Engineer and Construct Balance of Plant for First Six SGT-800 Gas Turbines of Phase One Power Buildout PR Newswire AMARILLO, Texas, June 30, 2026 Landmark agreement supercharges the simple cycle phase of the Siemens 6x1 facility powering the Project Matador campus in Amarillo, Texas, and marks another decisive step in Fermi's 2.0 execution strategy AMARILLO, Texas, June 30, 2026 /PRNewswire/ -- Fermi today announced a major agreement with Primor

    PR Newswire ·

  8. /C O R R E C T I O N -- Toby Neugebauer/

    /C O R R E C T I O N -- Toby Neugebauer/ PR Newswire DALLAS, June 25, 2026 /C O R R E C T I O N – Toby Neugebauer/ In the news release, NEUGEBAUER PROPOSES HISTORIC TOWN HALL WEBINAR WITH FERMI CO-FOUNDERS GOVERNOR RICK PERRY AND SON GRIFFIN PERRY ON JUNE 30—SO SHAREHOLDERS CAN HEAR FIRST-HAND EACH PARTY'S VIEWS ON THE PAST, PRESENT, AND FUTURE OF THE COMPANY, issued 25-Jun-2026 by Toby Neugebauer over PR Newswire, we are advised by the company that the original version contained incorrect in

    PR Newswire ·

  9. NEUGEBAUER PROPOSES HISTORIC TOWN HALL WEBINAR WITH FERMI CO-FOUNDERS GOVERNOR RICK PERRY AND SON GRIFFIN PERRY ON JUNE 30--SO SHAREHOLDERS CAN HEAR FIRST-HAND EACH PARTY'S VIEWS ON THE PAST, PRESENT, AND FUTURE OF THE COMPANY

    NEUGEBAUER PROPOSES HISTORIC TOWN HALL WEBINAR WITH FERMI CO-FOUNDERS GOVERNOR RICK PERRY AND SON GRIFFIN PERRY ON JUNE 30--SO SHAREHOLDERS CAN HEAR FIRST-HAND EACH PARTY'S VIEWS ON THE PAST, PRESENT, AND FUTURE OF THE COMPANY PR Newswire DALLAS, June 25, 2026 Neugebauer Calls for Leading Analysts, Journalists, and Industry Experts Regularly Covering Fermi Who Know It Best Ask the Tough Questions — So Shareholders Have All the Facts Before Voting DALLAS, June 25, 2026 /PRNewswire/ -- Toby Ne

    PR Newswire ·

  10. Neugebauer Highly Confident Tenant Will Be Announced Soon

    Neugebauer Highly Confident Tenant Will Be Announced Soon PR Newswire DALLAS, June 24, 2026 We have so many choices – let's choose the best one Assuming it's the same group Neugebauer told market they were contracting on the earnings call before Toby was terminated, the family likes that tenant group a lot. Proxy is not about can Fermi get a tenant; Proxy is about restoring normal governance, And evaluating all potential strategic full value transactions, To ensure the best risk-adjusted outc

    PR Newswire ·

  11. Fermi America Tells Texas Lawmakers Project Matador Will Push the Frontier of AI Compute While Setting a New Standard for Water Stewardship

    Fermi America Tells Texas Lawmakers Project Matador Will Push the Frontier of AI Compute While Setting a New Standard for Water Stewardship PR Newswire AUSTIN, Texas, June 24, 2026 In testimony before the House Natural Resources Committee, Chief Site Development Officer Charlie Hamilton details an advanced cooling and reuse strategy engineered to use roughly 80 percent less water than conventional methods. AUSTIN, Texas, June 24, 2026 /PRNewswire/ -- Fermi Inc. (NASDAQ: FRMI) (LSE: FRMI), op

    PR Newswire ·

  12. THE MARKET HAS SPOKEN: Wants Neugebauer and Fermi Board to Maximize Shareholder Value and Enhance Management

    THE MARKET HAS SPOKEN: Wants Neugebauer and Fermi Board to Maximize Shareholder Value and Enhance Management PR Newswire DALLAS, June 18, 2026 While Surprised John Sellers and Double Eagle Declined to Take the Helm of Fermi, Neugebauer Reiterates His Call for Board to Find Someone of that Caliber with a Team Who Can Replace the Nine Senior Leaders That Departed Fermi After Toby's Termination Calls on the Fermi Board to Put Their Guns Down Neugebauer Responds to Perry's and Others' Negative

    PR Newswire ·

  13. Fermi Files Definitive Consent Revocation Statement and Mails Letter to Shareholders

    Fermi Files Definitive Consent Revocation Statement and Mails Letter to Shareholders PR Newswire DALLAS, June 15, 2026 No Special Meeting of Shareholders Has Been Called Toby Neugebauer Currently Does Not Have the Required Support to Call a Special Meeting of Shareholders Board Urges All Fermi Shareholders to Protect Their Investment by Returning the WHITE Consent Revocation Card Emphasizes Strong Momentum Behind Fermi 2.0 and Continued Advancement of Project Matador DALLAS, June 15, 2026

    PR Newswire ·

  14. Fermi Files Preliminary Consent Revocation Statement

    Fermi Files Preliminary Consent Revocation Statement PR Newswire DALLAS, May 18, 2026 Board is Committed to Acting in the Best Interests of Fermi Shareholders and Cites Strong Momentum Behind Fermi 2.0 DALLAS, May 18, 2026 /PRNewswire/ -- Fermi Inc. (NASDAQ: FRMI) (LSE: FRMI), operating as Fermi America™ ("Fermi" or the "Company"), today announced that on May 15, 2026, it filed a preliminary Consent Revocation Statement (the "Revocation Statement") with the U.S. Securities and Exchange Commi

    PR Newswire ·

  15. Fermi Inc. Outlines Fermi 2.0 Strategic Evolution and Reports First Quarter 2026 Financial Results

    Fermi Inc. Outlines Fermi 2.0 Strategic Evolution and Reports First Quarter 2026 Financial Results PR Newswire DALLAS, May 14, 2026 Secures over 2 GW of power generation; advances ~11 GW of permitted capacity; closes ~$785 million in new equipment financing; strengthens governance; and accelerates commercial engagement DALLAS, May 14, 2026 /PRNewswire/ -- Fermi Inc. (d/b/a Fermi America) (NASDAQ: FRMI) (LSE: FRMI), operating as Fermi America™ ("Fermi" or the "Company"), today reported first

    PR Newswire ·

  16. Toby Neugebauer and His Family Believe Generosity is the Solution to Meet 5/50 REIT Compliance, Should Company Choose to Unnecessarily Elect REIT Status for 2025 and/or 2026

    Toby Neugebauer and His Family Believe Generosity is the Solution to Meet 5/50 REIT Compliance, Should Company Choose to Unnecessarily Elect REIT Status for 2025 and/or 2026 PR Newswire DALLAS, May 12, 2026 DALLAS, May 12, 2026 /PRNewswire/ -- Toby Neugebauer, Co-Founder and largest shareholder of Fermi Inc. (d/b/a Fermi America) (Nasdaq: FRMI) ("Fermi" or the "Company"), today responded to the Company threatening to confiscate some of his family shares by announcing that he and his family ha

    PR Newswire ·

  17. Fermi Board Announces Actions to Confirm No Special Meeting of Shareholders Has Been Called

    Fermi Board Announces Actions to Confirm No Special Meeting of Shareholders Has Been Called PR Newswire DALLAS, May 11, 2026 Former CEO Toby Neugebauer is Attempting to Fill the Board with His Acolytes to Force a Sale of the Company at a Depressed Valuation – Fermi's Stock Declined More than 80% During Neugebauer's Tenure Fermi Board Will Continue to Take Actions That it Believes is in the Best Interests of All Shareholders DALLAS, May 11, 2026 /PRNewswire/ -- Fermi Inc. (NASDAQ: FRMI) (LSE

    PR Newswire ·

  18. Fermi America™ Announces First Quarter 2026 Earnings Release and Call Date

    Fermi America™ Announces First Quarter 2026 Earnings Release and Call Date PR Newswire DALLAS, May 8, 2026 DALLAS, May 8, 2026 /PRNewswire/ -- Fermi Inc. (d/b/a Fermi America) (NASDAQ: FRMI) (LSE: FRMI), operating as Fermi America™ ("Fermi" or the "Company"), announced today that it plans to release first quarter 2026 financial results at 7 a.m. Eastern Time / 12 p.m. British Time on Thursday, May 14, 2026. This announcement will be followed by an earnings conference call at 9 a.m. Eastern Ti

    PR Newswire ·

  19. Fermi Responds to Former CEO's Attempts to Take Control of Board and Reverse Board Actions Taken in Accordance with Their Fiduciary Duties to Remove Him as CEO and Terminate Him for Cause

    Fermi Responds to Former CEO's Attempts to Take Control of Board and Reverse Board Actions Taken in Accordance with Their Fiduciary Duties to Remove Him as CEO and Terminate Him for Cause PR Newswire DALLAS, May 5, 2026 Fermi Rejects Mr. Neugebauer's Self-Interested Attempt to Call Special Shareholder Meeting as Invalid and Urges Shareholders Not to Respond to His Consent Solicitation Company Has Received Significant Support for Fermi 2.0 from Shareholders Who Firmly Reject Mr. Neugebauer's

    PR Newswire ·

  20. Fermi Appoints Larry Kellerman to Board of Directors

    Fermi Appoints Larry Kellerman to Board of Directors PR Newswire DALLAS, May 5, 2026 DALLAS, May 5, 2026 /PRNewswire/ -- Fermi Inc. (d/b/a Fermi America) (NASDAQ: FRMI) (LSE: FRMI), a pioneering developer of next-generation private electric grids for artificial intelligence, today announced that Larry Kellerman has been appointed to the Board of Directors as an independent director. (https://mma.prnewswire.com/media/2960164/Fermi_Logo.html) Marius Haas, Chairman of the Board of Fermi, said:

    PR Newswire ·