Fermi LLC

Market Movers (8-K)

NASDAQ
Fermi Inc. announced the appointment of four new officers and the finalization of their employment agreements, effective July 22, 2026.
NASDAQ
Former director Miles Everson clarifies his resignation, disputing the company's account of his access to records and approval of the Finance Committee's authority regarding a convertible note financing.
Capital raise
NASDAQ
Fermi Inc. announced the successful closing of an upsized $431.25 million offering of 5.00% convertible senior notes due 2031, including the full exercise of the initial purchasers' option.
Capital raise
NASDAQ
Miles Everson has resigned from the Fermi Inc. Board of Directors, citing disagreements over access to company records and governance practices.
Capital raise
NASDAQ
Fermi Inc. announced a proposed $350 million offering of convertible senior notes due 2031 to qualified institutional buyers, with net proceeds intended for capped call transactions and general corporate purposes.
Capital raise
NASDAQ
Fermi Inc. reported Q1 2026 results, highlighting strategic evolution to "Fermi 2.0," significant progress on Project Matador, and securing substantial new financing.
Capital raise

Quarterly Earnings (10-Q)

NASDAQ
Fermi Inc. reports a significant net loss in Q3 2025 as it leverages recent IPO proceeds and debt financing to advance its multi-gigawatt Project Matador data center and energy campus development.
Capital raise

Annual Reports (10-K)

NASDAQ
Fermi Inc. filed an amendment to its 2025 Annual Report to provide required governance disclosures and report the termination of its CEO for cause.

Insider Trading (Form 4)

NASDAQ
Director James Richard Perry reports a significant transaction involving Fermi Inc. common stock.
NASDAQ
Chief Nuclear Construction Officer Mesut Uzman sold 158,541 shares of Fermi Inc. to satisfy tax withholding requirements following the vesting of equity awards.
NASDAQ
Director Marius Haas was granted 175,094 restricted stock units as part of the Fermi Inc. 2025 Long-Term Incentive Plan.
NASDAQ
Director Jeffrey Scott Stein was granted 250,000 shares of Fermi Inc. common stock as part of the company's 2025 Long-Term Incentive Plan.
NASDAQ
Director Cordel Robbin-Coker was granted 175,094 restricted stock units under the Fermi Inc. 2025 Long-Term Incentive Plan.
NASDAQ
Director Lee A. McIntire was granted 175,094 restricted stock units under Fermi Inc.'s 2025 Long-Term Incentive Plan.

New Public Companies (S-1)

NASDAQ
Fermi Inc. is launching an initial public offering to fund Project Matador, a multi-gigawatt energy and data center campus in Texas, aiming to deliver 1.1 GW by late 2026.
Worse than expected
Delay expected
Capital raise
NASDAQ
Fermi Inc., an advanced energy and hyperscaler development company, is launching an initial public offering to fund its multi-gigawatt Project Matador campus in Texas, aiming to power future AI infrastructure.
Worse than expected
Delay expected
Capital raise
NASDAQ
Fermi Inc. files for an initial public offering to fund its multi-gigawatt AI data center campus, Project Matador, leveraging a hybrid energy strategy and REIT structure.
Worse than expected
Delay expected
Capital raise
NASDAQ
Fermi Inc., an advanced energy and hyperscaler development company, filed an S-11 registration statement for its initial public offering, detailing plans for a multi-gigawatt AI data center campus in Texas.
Delay expected
Capital raise

Schedule 13D - Activist Investments

NASDAQ
Caddis Holdings, LP and Perry Griffin amend Schedule 13D filing to correct a clerical error regarding shares sold via an option.
NASDAQ
Caddis Holdings, LP and Perry Griffin have filed an amendment to their Schedule 13D, detailing their beneficial ownership of Fermi Inc. common stock and reaffirming their support for the company's management and strategic direction.
NASDAQ
Caddis Holdings, LP and Perry Griffin filed a Schedule 13D disclosing a 9.1% stake in Fermi Inc. and reaffirming support for the company's board and strategic plan.

Schedule 13G - Passive Investments

NASDAQ
Caddis Holdings, LP and Griffin Perry have filed a Schedule 13G, reporting beneficial ownership of 52,256,833 shares of Fermi Inc. common stock, representing 8.2% of the class.
NASDAQ
Griffin Perry and Caddis Holdings, LP have filed an amendment reporting a 9.7% beneficial ownership stake in Fermi Inc.
NASDAQ
Robert Randolph Neugebauer has disclosed a 7.9% beneficial ownership stake in Fermi Inc. through two children's trusts.
NASDAQ
Toby Neugebauer and affiliated entities have disclosed a combined beneficial ownership of 24.1% of Fermi Inc.'s common stock as of September 30, 2025.
NASDAQ
Griffin Perry and Caddis Holdings, LLC have jointly disclosed a 12.67% beneficial ownership stake in Fermi Inc., totaling 71,946,450 shares of common stock.
NASDAQ
Pencross Energy, LLC and Steven Meisel have reported a beneficial ownership of 9.41% of Fermi Inc.'s Common Stock.