Fermi Inc

FRMI

Market cap $5.18B

SAN DIEGO , Dec. 18, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Fermi Inc. (NASDAQ: FRMI) focused on whether Fermi and certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors. If you have information that could assist in the Fermi investigation or if you are a Fermi investor who suffered a loss and would like to learn more, you can provide your information here: https://www.rgrdlaw.com/cases-fermi-inc-investigation-frmi.html You can also contact attorneys J.C.

SAN FRANCISCO, Dec. 18, 2025 (GLOBE NEWSWIRE) -- On December 12, 2025, investors in Fermi Inc. (NASDAQ: FRMI) saw the price of their shares crater about 33% after the company revealed that a prospective anchor tenant (“First Tenant”) for Fermi's Project Matador (the company's Advanced Energy and Intelligence Campus at Texas Tech University) terminated an agreement that would have advanced $150 million to help fund construction. The company has billed Matador as a multi-gigawatt energy and data center development campus designed to support the accelerating needs of to-be-built AI infrastructure and “a first-of-its-kind energy campus to be built to power the AI revolution.

Amazon is the prospective tenant that withdrew funding from REIT Fermi's massive data-center project, Business Insider reported on Wednesday, citing the data center's CEO Toby Neugebauer.

Shares of Fermi fell over 30% on December 12, dropping below their IPO price of $21 per share. Investors who lost money should contact Block & Leviton LLP.

SAN FRANCISCO , Dec. 17, 2025 /PRNewswire/ -- On December 12, 2025, investors in Fermi Inc. (NASDAQ: FRMI) saw the price of their shares crater about 33% after the company revealed that a prospective anchor tenant ("First Tenant") for Fermi's Project Matador (the company's Advanced Energy and Intelligence Campus at Texas Tech University) terminated an agreement that would have advanced $150 million to help fund construction. The company has billed Matador as a multi-gigawatt energy and data center development campus designed to support the accelerating needs of to-be-built AI infrastructure and "a first-of-its-kind energy campus to be built to power the AI revolution.

LOS ANGELES, Dec. 17, 2025 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fermi Inc. (“Fermi” or “the Company”) (NASDAQ: FRMI) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

LOS ANGELES , Dec. 16, 2025 /PRNewswire/ -- The DJS Law Group announces that it is investigating claims on behalf of investors of Fermi Inc. ("Fermi" or "the Company") (NASDAQ: FRMI) for violations of the securities laws. INVESTIGATION DETAILS: The investigation focuses on whether the Company issued misleading statements and/or failed to disclose information pertinent to investors.

LOS ANGELES , Dec. 16, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fermi Inc. ("Fermi" or "the Company") (NASDAQ: FRMI) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

ATLANTA, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Fermi Inc. (“Fermi” or the “Company”) (NASDAQ: FRMI) complied with federal securities laws. On December 11, 2025, the First Tenant notified Fermi that it is terminating the Advance in Aid of Construction Agreement. Following this news, the price of the Company's stock dropped.

Fermi stock has plunged more than 50% since its IPO in October 2025. Fermi has just lost its first potential anchor customer.