Fermi Inc. INVESTIGATION: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud on behalf of Investors (FRMI)
Fermi Inc. (FRMI)
Company Research
Source: GlobeNewswire
NEW YORK, Dec. 15, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Fermi Inc. (“Fermi” or the “Company”) (NASDAQ: FRMI). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] What Happened? On October 1, 2025, Fermi began trading on the NASDAQ at $21.00 per share following its Initial Public Offering. Then, on December 12, 2025, Fermi revealed that the first tenant for the Company’s anticipated Project Matador AI campus had terminated its $150 million Advance in Aid of Construction Agreement, which would have supplied construction costs for the facility. On this news, the price of Fermi shares declined by $5.16 per share, or approximately 33.8%, from $15.25 per share on December 11, 2025 to close at $10.09 on December 12, 2025. What Should I Do? If you purchased or
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FRMI
News
- Fermi (NASDAQ:FRMI) is now covered by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>. They set a "sell (e+)" rating on the stock.MarketBeat
- FRMI Investors Have Opportunity to Join Fermi Inc. Fraud Investigation with the Schall Law FirmGlobeNewswire
- FRMI ALERT: Robbins Geller Rudman & Dowd LLP Launches Investigation into Fermi Inc., and Encourages Investors and Potential Witnesses to Contact Law FirmPR Newswire
- Hagens Berman Investigating Fermi Inc. (FRMI) as Shares Tank 33% Amid First Tenant Contract TerminationBusiness Wire
- FRMI INVESTIGATION ALERT: Edelson Lechtzin LLP Announces an Investigation of Fermi Inc. (NASDAQ: FRMI) and Encourages Investors with Substantial Losses to Contact the FirmPR Newswire
FRMI
Sec Filings
- 12/12/25 - Form 8-K
- 11/14/25 - Form SCHEDULE
- 11/14/25 - Form SCHEDULE
- FRMI's page on the SEC website