Fermi LLC(FRMI)
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Jim Cramer Says “Fermi’s More of a Business Plan Than a Business”
Yahoo Finance· 2026-01-10 19:24
Group 1 - Fermi Inc. went public in early October with a valuation of $19 billion, which was considered excessive given its business plan rather than a fully established business [1] - The company's plan includes building a large data center in Texas and developing its own power generation capabilities, including a nuclear reactor [1][2] - The stock price has significantly declined from $32 at its IPO to under $10 [1] Group 2 - Fermi Inc. is focused on developing next-generation electric grids to support advanced artificial intelligence, integrating various energy sources such as nuclear, natural gas, solar, and battery storage [2] - There are other AI stocks in the market that are perceived to have greater upside potential and lower downside risk compared to Fermi Inc. [3]
FRMI SHAREHOLDER ALERT: Fermi Inc. Sued for Fraud Over Cancellation of Customer Agreement – Contact BFA Law before March 6 Deadline
Globenewswire· 2026-01-10 13:36
Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock price drop attributed to potential violations of federal securities laws [1]. Group 1: Lawsuit Details - The lawsuit includes securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Sections 11 and 15 of the Securities Act of 1933 [3]. - Investors have until March 6, 2026, to request to lead the case, which is pending in the U.S. District Court for the Southern District of New York [3]. Group 2: Company Background - Fermi Inc. is an energy and AI infrastructure company aiming to build large-scale nuclear reactors to support grid-independent data centers for AI companies [4]. - The company's flagship project, Project Matador, is designed to provide dedicated power for AI workloads [4]. Group 3: IPO and Allegations - Fermi completed its IPO in October 2025, claiming strong demand for Project Matador and securing a 20-year lease with an investment-grade-rated tenant [5]. - Allegations suggest that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. Group 4: Stock Price Impact - On December 12, 2025, Fermi's stock dropped by $5.16 per share, over 33%, following the announcement that the First Tenant terminated the construction funding agreement [7].
FRMI Investors Have Opportunity to Lead Fermi Inc. Securities Fraud Lawsuit with the Schall Law Firm
Businesswire· 2026-01-09 22:56
LOS ANGELES--(BUSINESS WIRE)---- $FRMI--FRMI Investors Have Opportunity to Lead Fermi Inc. Securities Fraud Lawsuit with the Schall Law Firm. ...
Levi & Korsinsky Reminds Fermi Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of March 6, 2026 – FRMI
Globenewswire· 2026-01-09 20:58
NEW YORK, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Fermi Inc. ("Fermi Inc." or the "Company") (NASDAQ: FRMI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fermi Inc. investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Fermi: (a) common stock pursuant and/or traceable to the registration statement and prospectus i ...
FRMI INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Fermi
Globenewswire· 2026-01-09 14:50
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Fermi To Contact Him Directly To Discuss Their Options If you purchased or otherwise acquired securities in Fermi (a) common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s October 2025 initial public offering (“IPO” or the “Offering”); and/or (b) securities between October 1, 2025 ...
Fermi Inc. Class Action: Levi & Korsinsky Reminds Fermi Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of March 6, 2026 - FRMI
Prnewswire· 2026-01-09 14:00
NEW YORK, Jan. 9, 2026 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Fermi Inc. ("Fermi Inc." or the "Company") (NASDAQ: FRMI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fermi Inc. investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Fermi: (a) common stock pursuant and/or traceable to the registration statement and prospectus issue ...
FRMI LEGAL NOTICE: Fermi Inc. Investors are Encouraged to Contact BFA Law before the Upcoming March 6 Securities Fraud Class Action Deadline
TMX Newsfile· 2026-01-09 13:18
Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock price drop attributed to potential violations of federal securities laws [1][3]. Company Overview - Fermi Inc. is an energy and AI infrastructure company aiming to build large-scale nuclear reactors to support grid-independent data centers for AI companies [4]. - The company's flagship project is Project Matador, designed to provide dedicated power for AI workloads [4]. IPO and Allegations - Fermi completed its IPO in October 2025, claiming strong demand for Project Matador and securing a 20-year lease with an investment-grade-rated tenant [5]. - Allegations suggest that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. Stock Price Impact - On December 12, 2025, Fermi's stock dropped by $5.16 per share, over 33%, following the termination of the Advance in Aid of Construction Agreement by the First Tenant [7].
FRMI INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Fermi Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2026-01-09 11:15
SAN DIEGO, Jan. 09, 2026 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Fermi Inc. (NASDAQ: FRMI): (i) common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with Fermi’s October 2025 initial public offering (the “IPO”); and/or (ii) securities between October 1, 2025 and December 11, 2025, inclusive (the “Class Period”), have until March 6, 2026 to seek appointment as lead plaintiff of the Fermi ...
Deadline Approaching: Fermi Inc. (FRMI) Shareholders Who Lost Money Urged To Contact Law Offices of Howard G. Smith
Businesswire· 2026-01-08 18:07
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming March 6, 2026 deadline to file a lead plaintiff motion in the case filed on behalf of Fermi Inc. ("Fermi†or the "Company†) (NASDAQ: FRMI) investors who purchased: (a) common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the "Registration Statement†) issued in connection with the Company's October 2025 initial public offering ("IPO†or the "Offering†); a. ...
Portnoy Law Firm Announces Class Action on Behalf of Fermi, Inc. Investors
Globenewswire· 2026-01-08 14:53
LOS ANGELES, Jan. 08, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Fermi, Inc., (“Fermi” or the "Company") (NASDAQ: FRMI) investors off a class action on behalf of investors that bought securities between February 26, 2025 and August 4, 2025, inclusive (the “Class Period”). agilon investors have until March 2, 2026 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or ...