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Fermi Inc.

corporate_fare Company Profile

Fermi Inc.

FRMI·NASDAQ·Real Estate & Construction·CIK 0002071778

Fermi Inc. develops and leases large-scale, grid-independent energy generation and high-performance computing facilities for AI-centric customers. The company's mission is to deliver up to 11 GW of low-carbon, highly reliable and redundant, and on-demand power directly to compute-intensive businesses. There is potential to expand the campus to up to approximately 17 GW of total generation capacity, subject to additional land acquisitions and incremental permits. Fermi has a long-term lease on a site large enough to simultaneously house the next three largest AI infrastructure campuses by square footage currently in existence. The company's strategy is anchored by Project Matador, a hyperscale power and AI infrastructure campus located in the Texas Panhandle region. This project is secured by a 99-year ground lease with the Texas Tech University System. Project Matador is designed as a multi-phased development intended to deliver up to 11 GW, with the potential to expand to up to approximately 17 GW, of private power generation capacity. It is also designed to support up to approximately 15 million square feet of AI-ready hyperscale compute infrastructure over a multi-decade buildout timeline. The objective is to provide hyperscale and other compute-intensive tenants with reliable, cost-effective, low-latency power and dedicated powered shell infrastructure, insulated from the constraints of grid-based power supplies.

Fermi Inc. (NASDAQ:FRMI) is a publicly traded company in the Real Estate & Construction sector. Wiseek has independently scored 100 items for FRMI at importance 7 or higher on its 1–10 market-impact scale.

Recent high-impact activity:

  • Activist Extends Proxy Vote, Challenges Board Governance Amidst Financial Distress
  • Proxy Advisors Back Former CEO Neugebauer in Special Meeting Bid
  • Dissident Shareholder Neugebauer Intensifies Proxy Fight with Town Hall and Direct Vote Solicitation
  • Activist Shareholder Toby Neugebauer Wins Expedited Discovery Against Fermi Board in Proxy Fight
  • Former CEO Neugebauer Intensifies Proxy Fight, Urges Shareholders to Vote 'GREEN Card'

Financial Snapshot

Fiscal year ended December 31, 2025
Net Income
-$486.38M
Diluted EPS
-$1.13
Cash & Equivalents
$408.53M
Total Debt
$109.8M
Debt / Equity
0.10×
Shares Outstanding
629.84M sh
Source: 10-K · filed 2026-04-30 · accession 0002071778-26-000018
$5.51 +0.01% today
52-week range · as of 2026-09-11 $4.47 – $36.99
Market cap
$3.52B
Volume
13M (0.7× avg)
3-mo avg 18.5M
Live data · 2026-09-13 21:35 UTC · Market closed

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feed FRMI - Filings & News (Page 2)

FRMI
Jul 01, 2026, 8:05 AM EDT
Filing Type: DFAN14A
Importance Score:
9
Price at Filing: $9.20
Real-time Price: $5.51 info
Change: -$3.69 (-40%) info
Market Cap: $3.523B info
FRMI
Jun 30, 2026, 6:03 AM EDT
Filing Type: DFAN14A
Importance Score:
9
Price at Filing: $9.56
Real-time Price: $5.51 info
Change: -$4.05 (-42%) info
Market Cap: $3.523B info
FRMI
Jun 29, 2026, 4:06 PM EDT
Filing Type: DFAN14A
Importance Score:
9
Price at Filing: $9.50
Real-time Price: $5.51 info
Change: -$3.99 (-42%) info
Market Cap: $3.523B info
FRMI
Jun 29, 2026, 6:10 AM EDT
Filing Type: DFAN14A
Importance Score:
9
Price at Filing: $9.64
Real-time Price: $5.51 info
Change: -$4.13 (-43%) info
Market Cap: $3.523B info
FRMI
Jun 26, 2026, 4:00 PM EDT
Filing Type: DFAN14A
Importance Score:
9
Price at Filing: $9.47
Real-time Price: $5.51 info
Change: -$3.96 (-42%) info
Market Cap: $3.523B info
FRMI
Jun 26, 2026, 3:13 AM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $8.77
Real-time Price: $5.51 info
Change: -$3.26 (-37%) info
Market Cap: $3.523B info
FRMI
Jun 25, 2026, 4:09 PM EDT
Filing Type: DFAN14A
Importance Score:
9
Price at Filing: $8.85
Real-time Price: $5.51 info
Change: -$3.34 (-38%) info
Market Cap: $3.523B info
FRMI
Jun 25, 2026, 8:30 AM EDT
Source: PR Newswire
Importance Score:
8
Price at Filing: $8.53
Real-time Price: $5.51 info
Change: -$3.02 (-35%) info
Market Cap: $3.523B info
FRMI
Jun 25, 2026, 6:16 AM EDT
Filing Type: DFAN14A
Importance Score:
9
Price at Filing: $8.42
Real-time Price: $5.51 info
Change: -$2.91 (-35%) info
Market Cap: $3.523B info
FRMI
Jun 23, 2026, 6:15 AM EDT
Filing Type: DFAN14A
Importance Score:
7
Price at Filing: $8.27
Real-time Price: $5.51 info
Change: -$2.76 (-33%) info
Market Cap: $3.523B info
FRMI
Jun 22, 2026, 4:00 PM EDT
Filing Type: DFAN14A
Importance Score:
9
Price at Filing: $8.96
Real-time Price: $5.51 info
Change: -$3.45 (-39%) info
Market Cap: $3.523B info
FRMI
Jun 22, 2026, 4:00 PM EDT
Filing Type: DEFA14A
Importance Score:
9
Price at Filing: $8.97
Real-time Price: $5.51 info
Change: -$3.46 (-39%) info
Market Cap: $3.523B info
FRMI
Jun 22, 2026, 8:30 AM EDT
Source: PR Newswire
Importance Score:
8
Price at Filing: $9.52
Real-time Price: $5.51 info
Change: -$4.01 (-42%) info
Market Cap: $3.523B info
FRMI
Jun 19, 2026, 3:34 AM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $9.55
Real-time Price: $5.51 info
Change: -$4.04 (-42%) info
Market Cap: $3.523B info
FRMI
Jun 18, 2026, 4:10 PM EDT
Filing Type: DFAN14A
Importance Score:
9
Price at Filing: $9.50
Real-time Price: $5.51 info
Change: -$3.99 (-42%) info
Market Cap: $3.523B info
FRMI
Jun 18, 2026, 4:01 PM EDT
Filing Type: DFAN14A
Importance Score:
9
Price at Filing: $9.50
Real-time Price: $5.51 info
Change: -$3.99 (-42%) info
Market Cap: $3.523B info
FRMI
Jun 18, 2026, 4:00 PM EDT
Filing Type: DFAN14A
Importance Score:
8
Price at Filing: $9.50
Real-time Price: $5.51 info
Change: -$3.99 (-42%) info
Market Cap: $3.523B info
FRMI
Jun 17, 2026, 5:04 PM EDT
Filing Type: DFAN14A
Importance Score:
8
Price at Filing: $8.80
Real-time Price: $5.51 info
Change: -$3.29 (-37%) info
Market Cap: $3.523B info
FRMI
Jun 17, 2026, 8:10 AM EDT
Filing Type: DFAN14A
Importance Score:
9
Price at Filing: $7.98
Real-time Price: $5.51 info
Change: -$2.47 (-31%) info
Market Cap: $3.523B info
FRMI
Jun 15, 2026, 5:06 PM EDT
Filing Type: DFAN14A
Importance Score:
9
Price at Filing: $7.50
Real-time Price: $5.51 info
Change: -$1.99 (-27%) info
Market Cap: $3.523B info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets