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.
| Country | United States |
| Founded | 2025 |
| IPO Date | Oct 1, 2025 |
| Industry | REIT - Specialty |
| Sector | Real Estate |
| CEO | Toby Neugebauer |
Contact Details
Address: 620 S. Taylor St., Suite 300 Amarillo, Texas 79101 United States | |
| Phone | 214 894 7855 |
| Website | fermiamerica.com |
Stock Details
| Ticker Symbol | FRMI |
| Exchange | NASDAQ |
| Stock Type | Common Stock |
| Reporting Currency | USD |
| IPO Price | $21.00 |
| CIK Code | 0002071778 |
| CUSIP Number | 314911108 |
| ISIN Number | US3149111086 |
| Employer ID | 33-3560468 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Toby Neugebauer | President, Chief Executive Officer and Director |
| Miles Everson | Chief Financial Officer |
| Jacobo Ortiz Blanes | Chief Operating Officer |
| Larry Kellerman | Chief Power Officer |
| Mesut Uzman | Chief Nuclear Construction Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Oct 17, 2025 | S-8 | Securities to be offered to employees in employee benefit plans |
| Oct 6, 2025 | 8-K | Current Report |
| Oct 3, 2025 | 8-K | Current Report |
| Oct 1, 2025 | 424B4 | Prospectus |
| Sep 30, 2025 | EFFECT | Notice of Effectiveness |
| Sep 30, 2025 | CERT | Certification by an exchange approving securities for listing |
| Sep 30, 2025 | 8-A12B | Registration of securities |
| Sep 30, 2025 | S-11/A | Filing |
| Sep 29, 2025 | S-11/A | Filing |
| Sep 24, 2025 | S-11/A | Filing |