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0:00 / 0:00I. Financial Performance and Results
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Fermi Inc. Secures $731 Million IPO Net Proceeds to Fund 11 GW AI Energy Campus

FRMI10-QFiling Date: 11/12/2025
Fermi Inc.
Description

What this story covers

Fermi Inc. is transitioning from a development-stage startup to a major infrastructure player, leveraging a $731 million IPO to fund Project Matador. The company faces significant regulatory and execution risks as it targets 11 GW of power by 2038.

Story snapshot

CompanyFermi Inc.
TickerFRMI
VariantStandard detailed
Duration11:23
Filing type10-Q
PeriodQ4 2025
IndustryTechnology
Accession0001213900-25-109371
Sources1

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Primary Sources

sec_filing10-QView on SEC.gov →

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