FRMI
Fermi Inc.
NASDAQ · Utilities · Regulated Electric · US
$4.98
+0.61%Sep 17, 2026, 20:05 UTC
The Business Court of Texas denied all three temporary restraining order requests sought by Fermi Inc.'s former CEO and his investment vehicle against the company's board, including requests to block bylaw amendments and the nomination deadline for Fermi's 2026 annual meeting.
Source:Aug 14, 2026, 21:21 UTC
Fermi Inc. received a subpoena from a US District Court for documents related to Project Matador, its data center campus in west Texas.
Source:Aug 13, 2026, 16:05 UTC
Fermi announced it signed a binding customer agreement for up to 650 megawatts of capacity, as part of completing its prior 90-day plan.
Source:Aug 13, 2026, 11:00 UTC
Fermi Inc. announced its second quarter 2026 results and full execution of its 90-day plan, including signing its first anchor customer, naming a CEO, adding strategic alliances and contractors, receiving three F-Series turbines, and raising over $431 million in shareholder-friendly capital.
Aug 12, 2026, 16:01 UTC
Fermi Inc. named Lee McIntire as Chief Executive Officer, effective August 11, 2026.
Aug 11, 2026, 21:15 UTC
Fermi Inc. and Hillcore Energy Capital Corporation announced a strategic alliance under which Hillcore will finance, build, own and operate a 2.6 GW power complex at Fermi's Project Matador campus in Texas, doubling Fermi's power to market to 4.8 GW over the next 30 months.
Source:Aug 10, 2026, 21:10 UTC
Fermi Inc. announced it has executed a binding lease agreement with TensorWave Inc. for a 222 MW turnkey data center facility at its Project Matador campus in Carson County, Texas, with total contracted revenue of approximately $6.5 billion over three phases beginning in the second half of 2027.
Jul 21, 2026, 20:30 UTC
Fermi Inc. announced the arrival of three Siemens Energy SGT6-5000F natural gas turbines at the Port of Houston for its Project Matador combined-cycle natural gas plant.
Jul 10, 2026, 03:38 UTC
Fermi Inc. priced an upsized offering of $375 million of 5.00% convertible senior notes due 2031 to qualified institutional buyers.
Jul 3, 2026, 17:49 UTC
Toby Neugebauer, co-founder and largest shareholder of Fermi, suspended his proxy campaign to call a special meeting after a Texas Business Court judge recused himself shortly before a scheduled hearing, disrupting the timetable for a strategic review.
Source:Jun 28, 2026, 23:59 UTC
Fermi Chief Site Development Officer Charlie Hamilton testified on water conservation before the Texas House Natural Resources Committee on June 24, 2026.
Source:Jun 17, 2026, 23:52 UTC
Fermi Inc. shares rose 9.9% to close at $8.66, extending its winning streak to a sixth straight session.
Source:Jun 11, 2026, 22:15 UTC
Toby Neugebauer filed definitive proxy solicitation materials with the SEC to call a Special Meeting of Fermi shareholders to vote on electing a new board majority.
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