Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Fermi Inc. and its officers or directors, following significant stock price decline after a key tenant terminated an agreement [1][3][4]. Group 1: Company Overview - Fermi Inc. completed its initial public offering (IPO) on October 1, 2025, offering 32.5 million shares at a price of $21.00 per share [3]. - The company is involved in the development of a data center campus known as Project Matador [3]. Group 2: Recent Developments - On December 12, 2025, Fermi announced that the first potential tenant for Project Matador had terminated its Advance in Aid of Construction Agreement, which involved Fermi agreeing to advance up to $150 million for construction costs [3]. - Following the announcement of the tenant's termination, Fermi's stock price dropped by $6.66 per share, representing a 43.67% decline, closing at $8.59 per share on December 15, 2025 [4]. Group 3: Legal Investigation - Pomerantz LLP is conducting an investigation on behalf of Fermi investors regarding possible securities fraud or other unlawful practices by the company and its executives [1].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fermi Inc. - FRMI