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Stock impact report

FERMI PROVIDES BUSINESS UPDATE [TheStreet.com]

Fermi Inc. (FRMI) 
Company Research Source: TheStreet.com
DALLAS April 21, 2026 /PRNewswire/ -- Fermi Inc. (d/b/a Fermi America) (NASDAQ: FRMI) (LSE: FRMI), operating as Fermi America™ ("Fermi" or the "Company"), subsequent to the Company's announcement of Fermi 2.0 on April 20, 2026, has received significant and positive feedback from multiple potential tenants, the Company's landlord, the Texas Tech University System, as well as suppliers, vendors, contractors, financing sources, and other partners. The Company is gratified by that feedback and is pursuing Fermi 2.0's business and leadership objectives with all deliberate speed. The Company also acknowledges receipt of a letter from Mr. Toby Neugebauer, and has reviewed a press release issued by him, calling for the initiation of a process for the immediate sale of the Company. As Mr. Neugebauer indicated in his press release, he was removed from his position on April, 17, 2026, after careful consideration by the Company's Board of Directors in accordance with its fiduciary duties. Give Show less Read more
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