Fermi America, the operating name of Fermi Inc., has secured more than $100 million in equipment financing to accelerate procurement of critical high-voltage infrastructure for…

Toby Neugebauer, Fermi Inc.'s largest shareholder with about 22% ownership, has formally requested the company's board to hire an independent investment bank to review all strategic options, including a potential sale or recapitalization. This follows a significant drop in Fermi's share price—down 20-35% since key board decisions and Neugebauer's removal as CEO. Neugebauer criticizes the board for failing to deliver on promises and calls for restoring shareholder voting rights and increasing ownership limits to boost investor confidence. The upcoming annual meeting will consider these proposals as shareholders seek clarity on Fermi's future direction amid market skepticism.

Toby R. Neugebauer, with Vicksburg Investments Management LLC and the Melissa A. Neugebauer 2020 Trust (collectively, the "Fermi Founder Parties"), the largest shareholder of Fermi Inc. (Nasdaq: FRMI) at approximately 22% of shares outstanding, has taken three actions ahead of the Company

BlueCrest Capital Management Ltd acquired a new position in shares of Fermi Inc. (NASDAQ:FRMI - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 3,632,795 shares of the company

Whetstone Capital Advisors LLC purchased a new stake in Fermi Inc. (NASDAQ:FRMI - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,311,002 shares of the company

Shares of electric grid developer Fermi Inc. (FRMI) were up on Thursday after the company shared key updates about its landmark initiative, Project Matador, and reported first-quarter results.

Legal & General Group Plc acquired a new stake in shares of Fermi Inc. (NASDAQ:FRMI - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 321,757 shares of the company

Bank of New York Mellon Corp purchased a new position in Fermi Inc. (NASDAQ:FRMI - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 514,349 shares of the company

Burford Brothers Inc. purchased a new stake in shares of Fermi Inc. (NASDAQ:FRMI - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 294,416 shares of the company