Fermi Inc. (FRMI)
NASDAQ: FRMI · Real-Time Price · USD
23.54
+3.70 (18.65%)
At close: Oct 24, 2025, 4:00 PM EDT
23.40
-0.14 (-0.59%)
After-hours: Oct 24, 2025, 6:59 PM EDT

Company Description

Fermi is focused on developing electric grids that deliver on-demand power at gigawatt scale, required to create next-generation artificial intelligence.

Project Matador, a 5,236-acre site in Amarillo, Texas, plans to deliver up to 11 gigawatts of low-carbon, behind-the-meter power by building a HyperGrid that is expected to house one of the largest nuclear power complexes in America, with combined-cycle natural gas, utility grid power, solar power, and battery energy storage, to support the power needs of artificial intelligence at scale.

Fermi Inc.
Fermi logo
CountryUnited States
Founded2025
IPO DateOct 1, 2025
IndustryREIT - Specialty
SectorReal Estate
CEOToby Neugebauer

Contact Details

Address:
620 S. Taylor St., Suite 300
Amarillo, Texas 79101
United States
Phone214 894 7855
Websitefermiamerica.com

Stock Details

Ticker SymbolFRMI
ExchangeNASDAQ
Stock TypeCommon Stock
Reporting CurrencyUSD
IPO Price$21.00
CIK Code0002071778
CUSIP Number314911108
ISIN NumberUS3149111086
Employer ID33-3560468
SIC Code6798

Key Executives

NamePosition
Toby NeugebauerPresident, Chief Executive Officer and Director
Miles EversonChief Financial Officer
Jacobo Ortiz BlanesChief Operating Officer
Larry KellermanChief Power Officer
Mesut UzmanChief Nuclear Construction Officer

Latest SEC Filings

DateTypeTitle
Oct 17, 2025S-8Securities to be offered to employees in employee benefit plans
Oct 6, 20258-KCurrent Report
Oct 3, 20258-KCurrent Report
Oct 1, 2025424B4Prospectus
Sep 30, 2025EFFECTNotice of Effectiveness
Sep 30, 2025CERTCertification by an exchange approving securities for listing
Sep 30, 20258-A12BRegistration of securities
Sep 30, 2025S-11/AFiling
Sep 29, 2025S-11/AFiling
Sep 24, 2025S-11/AFiling