FI
Fermi Inc.
StreetZero Signal 67
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
IN THE NEWS
- ๐ Fermi Inc.
- ๐ Fermi Inc. tenant ends $150 million construction funding agreement at Project Matador
- ๐ NASD - 2026 Company Profile, Team, Funding & Competitors - Tracxn
- ๐ Fermi Energy - 2026 Company Profile, Team, Funding & Competitors - Tracxn
- ๐ Fermi stock price target cut by Evercore ISI after funding agreement termination
EMPLOYEESโ
FOUNDEDโ
HQDallas, TX
Industry
Public Equity (NASD)
Tags
Public EquityNASD
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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