LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Fermi Inc. ("Fermi†or the "Company†) (NASDAQ: FRMI) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON FERMI (FRMI), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On October 1, 2025, Fermi began. ...

Core Insights - Fermi Inc experienced a significant market cap loss of 50% following the termination of a $150 million funding agreement, with the stock dropping 40% pre-market [1][3] - Analysts have maintained their price targets for Fermi, indicating confidence in the company's fundamentals despite the stock's sharp decline [2][5] Funding Agreement and Market Reaction - The termination of the Advance in Aid of Construction agreement was perceived negatively by the market, interpreted as a sign of tenant withdrawal, although the filing suggests ongoing lease negotiations [3][6] - The market reaction may have been overly emotional, as the funding arrangement had not yet provided any actual capital to Fermi [3][6] Project Matador Status - Project Matador, the company's power asset, remains on track with secured land and ongoing construction, which is viewed as a competitive advantage [4][6] - The interconnection path to the grid is highlighted as a significant asset for the company [4] Analyst Sentiment - Major analysts, including Macquarie, UBS, Cantor Fitzgerald, and Stifel, have kept their price targets intact, suggesting that the underlying model of the company remains sound [5] - The current trading price in single digits does not reflect a loss of confidence in the company's long-term prospects [5] Execution and Future Outlook - While Fermi requires funding and successful execution of its Texas power project, the recent selloff is seen as a reaction to timing issues rather than a fundamental business threat [6] - If Project Matador's power generation comes online as scheduled, the recent market panic may be viewed as an overreaction [6]

LOS ANGELES--(BUSINESS WIRE)--Fermi Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – FRMI. ...

Shares of Fermi Inc. (NASDAQ:FRMI) are down 32.8%, last seen trading at $10.25. The tumble follows news that, despite a preliminary late 2025 agreement with a potential Project Matador AI data center tenant -- which included up to $150 million in possible construction support -- no funds were drawn, with the tenant ultimately terminating the deal yesterday. The stock is now trading at its lowest level on record. FRMI has shed 73.1% this year, a stunning reversal from its Oct. 2 record high of $36.99. Shares ...

该公司表示，关于该场地租赁协议条款的谈判仍在继续，并补充说，由于对用于人工智能应用的电力需 求依然"强劲"，它"仍然有信心能够满足预期的电力交付时间表"。 智通财经获悉，周五，Fermi(FRMI.US)盘前暴跌超40%，报8.84美元。消息面上，此前该公司披露，一 家投资级评级的租户终止了为其位于德克萨斯州的马塔多项目提供1.5亿美元建设资金的协议。公司表 示，去年11月签署的《建设资助协议》承诺该租户将提供高达1.5亿美元的资金，但实际上并未提取任 何资金。 本文源自：智通财经网 ...

Fermi, co-founded by a former secretary of energy, Rick Perry, said its first potential tenant of Project Matador has backed out of an agreement to provide $150 million in advance funding. ...

Core Viewpoint - Shares of Fermi experienced a significant decline of 40% following the announcement that a prospective tenant had terminated a deal intended to fund construction at its Texas site [1] Company Summary - Fermi is a data center real estate investment company [1] - The termination of the deal represents a setback for the company's construction plans in Texas [1]

该公司表示，关于该场地租赁协议条款的谈判仍在继续，并补充说，由于对用于人工智能应用的电力需 求依然"强劲"，它"仍然有信心能够满足预期的电力交付时间表"。 智通财经APP获悉，周五，Fermi(FRMI.US)盘前暴跌超40%，报8.84美元。消息面上，此前该公司披 露，一家投资级评级的租户终止了为其位于德克萨斯州的马塔多项目提供1.5亿美元建设资金的协议。 公司表示，去年11月签署的《建设资助协议》承诺该租户将提供高达1.5亿美元的资金，但实际上并未 提取任何资金。 ...

该公司表示，关于该场地租赁协议条款的谈判仍在继续，并补充说，由于对用于人工智能应用的电力需 求依然"强劲"，它"仍然有信心能够满足预期的电力交付时间表"。 周五，Fermi(FRMI.US)盘前暴跌超40%，报8.84美元。消息面上，此前该公司披露，一家投资级评级的 租户终止了为其位于德克萨斯州的马塔多项目提供1.5亿美元建设资金的协议。公司表示，去年11月签 署的《建设资助协议》承诺该租户将提供高达1.5亿美元的资金，但实际上并未提取任何资金。 ...

Core Insights - A nascent AI infrastructure company has reported that a potential tenant has canceled a $150 million agreement [1] Company Summary - The company is in the early stages of development within the AI infrastructure sector [1] - The cancellation of the agreement represents a significant setback for the company, impacting its projected revenue [1] Industry Summary - The AI infrastructure industry is experiencing volatility as companies navigate tenant agreements and market demand [1] - The cancellation highlights potential challenges in securing long-term contracts within the rapidly evolving AI sector [1]