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Fermi Inc.

Public Equity (NASD)Public EquityNASD
๐Ÿ“ Dallas, TX
StreetZero Signal 67
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About Fermi Inc.

Fermi Inc. is a publicly traded company listed on the Nasdaq Stock Market LLC and the London Stock Exchange under the ticker symbol FRMI. The company is developing the Project Matador site. A prospective tenant terminated an agreement that would have provided up to $150 million in construction funding for the site.

LATEST FUNDINGRule 144
$7.7M
Announced 2026-11-05
TOTAL RAISED$7,650,000
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Investors

Not disclosed in the source filing. Form D filings do not list investors โ€” StreetZero surfaces them from news where available.

Key highlights

  • Completed $7.65M Rule 144 private placement with undisclosed investors.
  • Public company listed on NASDAQ:FRMI and LSE:FRMI.
  • Prospective tenant terminated up to $150M construction funding agreement for Project Matador.
  • Evercore ISI lowered price target to $20 from $37 following funding termination.

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Source document & SEC filing

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