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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 107 items for FRMI at importance 7 or higher on its 1–10 market-impact scale.

Recent high-impact activity:

  • Former CEO Neugebauer to Gift Shares for REIT Compliance Amidst Proxy Battle
  • Former CEO Neugebauer to Gift Shares to Address REIT Rule Amidst Proxy Fight
  • Fermi Board Gains Key Support from Major Shareholder Caddis Capital in Proxy Battle with Former CEO
  • Former CEO Neugebauer Nominates Full Slate of Directors, Escalating Proxy Contest for Board Control
  • Former CEO Toby Neugebauer Nominates Full Slate of Directors for Proxy Contest, Citing Need for M&A Expertise

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
$2.23 +1.12% today
52-week range · as of 2026-10-16 $2.23 – $31.47
Market cap
$1.41B
Volume
26M (1.3× avg)
3-mo avg 20.5M
Live data · 2026-11-02 21:19 UTC · After hours

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feed FRMI - Filings & News (Page 5)

FRMI
May 13, 2026, 4:00 PM EDT
Filing Type: DFAN14A
Importance Score:
9
Price at Filing: $6.03
Real-time Price: $2.23 info
Change: -$3.80 (-63%) info
Market Cap: $1.414B info
FRMI
May 13, 2026, 4:00 PM EDT
Filing Type: DFAN14A
Importance Score:
9
Price at Filing: $6.03
Real-time Price: $2.23 info
Change: -$3.80 (-63%) info
Market Cap: $1.414B info
FRMI
May 11, 2026, 8:20 AM EDT
Source: Reuters
Importance Score:
9
Price at Filing: $5.22
Real-time Price: $2.23 info
Change: -$2.99 (-57%) info
Market Cap: $1.414B info
FRMI
May 08, 2026, 4:00 PM EDT
Filing Type: DFAN14A
Importance Score:
9
Price at Filing: $5.23
Real-time Price: $2.23 info
Change: -$3.00 (-57%) info
Market Cap: $1.414B info
FRMI
May 08, 2026, 4:00 PM EDT
Filing Type: DFAN14A
Importance Score:
9
Price at Filing: $5.23
Real-time Price: $2.23 info
Change: -$3.00 (-57%) info
Market Cap: $1.414B info
FRMI
May 07, 2026, 5:26 PM EDT
Filing Type: PRRN14A
Importance Score:
9
Price at Filing: $5.10
Real-time Price: $2.23 info
Change: -$2.87 (-56%) info
Market Cap: $1.414B info
FRMI
May 06, 2026, 8:38 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $5.00
Real-time Price: $2.23 info
Change: -$2.77 (-55%) info
Market Cap: $1.414B info
FRMI
May 05, 2026, 9:16 PM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $4.93
Real-time Price: $2.23 info
Change: -$2.70 (-55%) info
Market Cap: $1.414B info
FRMI
May 05, 2026, 4:57 PM EDT
Filing Type: DFAN14A
Importance Score:
9
Price at Filing: $4.92
Real-time Price: $2.23 info
Change: -$2.69 (-55%) info
Market Cap: $1.414B info
FRMI
May 05, 2026, 9:19 AM EDT
Filing Type: PREC14A
Importance Score:
9
Price at Filing: $5.10
Real-time Price: $2.23 info
Change: -$2.87 (-56%) info
Market Cap: $1.414B info
FRMI
May 05, 2026, 7:00 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $5.09
Real-time Price: $2.23 info
Change: -$2.86 (-56%) info
Market Cap: $1.414B info
FRMI
Apr 30, 2026, 5:15 PM EDT
Filing Type: 10-K/A
Importance Score:
9
Price at Filing: $5.10
Real-time Price: $2.23 info
Change: -$2.87 (-56%) info
Market Cap: $1.414B info
FRMI
Apr 30, 2026, 4:01 PM EDT
Filing Type: 8-K/A
Importance Score:
9
Price at Filing: $5.14
Real-time Price: $2.23 info
Change: -$2.91 (-57%) info
Market Cap: $1.414B info
FRMI
Apr 30, 2026, 7:05 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $5.05
Real-time Price: $2.23 info
Change: -$2.82 (-56%) info
Market Cap: $1.414B info
FRMI
Apr 20, 2026, 1:19 PM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $5.30
Real-time Price: $2.23 info
Change: -$3.07 (-58%) info
Market Cap: $1.414B info
FRMI
Apr 20, 2026, 8:20 AM EDT
Source: Dow Jones Newswires
Importance Score:
9
Price at Filing: $5.23
Real-time Price: $2.23 info
Change: -$3.00 (-57%) info
Market Cap: $1.414B info
FRMI
Apr 20, 2026, 7:38 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $5.27
Real-time Price: $2.23 info
Change: -$3.04 (-58%) info
Market Cap: $1.414B info
FRMI
Apr 17, 2026, 4:38 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $4.70
Real-time Price: $2.23 info
Change: -$2.47 (-53%) info
Market Cap: $1.414B info
FRMI
Apr 01, 2026, 7:38 AM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $5.96
Real-time Price: $2.23 info
Change: -$3.73 (-63%) info
Market Cap: $1.414B info
FRMI
Mar 30, 2026, 5:45 PM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $5.36
Real-time Price: $2.23 info
Change: -$3.13 (-58%) info
Market Cap: $1.414B info
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