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Former U.S. Energy Secretary and Fermi Inc. co-founder Rick Perry has been removed from the company's board of directors after failing to secure enough votes for reelection.
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Fermi Inc. reported a dispute regarding the enforcement of a Director Nomination Agreement (DNA) during its 2026 Annual Meeting, alleging that certain investors failed to vote as contractually obligated.
Fermi Inc. announced that the closing conditions for its Data Center Lease and Services Agreement with TensorWave TEX1, LLC were not fully satisfied by the October 31, 2026 deadline, though both parties remain committed to the transaction.
Fermi Inc. (FRMI) eases near-term debt with a key MUFG loan amendment while preparing for Q3 earnings. Get the full market update.
Cantor Fitzgerald analyst Brett Knoblauch maintains Fermi (NASDAQ:FRMI) with a Overweight and lowers the price target from $12 to $8.
On October 16 2026, Fermi Inc. (the "Company") announced that Fermi Turbine Warehouse LLC (the "Borrower") and Firebird Equipment Holdco LLC, each an indirect wholly owned subsidiary of the Company,