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News  ›  GlobeNewswire Inc.

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fermi Inc. - FRMI

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Pomerantz Llp
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fermi Inc. - FRMI

Pomerantz LLP is investigating Fermi Inc. for potential securities fraud following a significant stock price decline. After completing its IPO in October 2025 at $21.00 per share, Fermi announced on December 12, 2025 that its first potential tenant for Project Matador data center terminated a $150 million construction funding agreement. The stock subsequently fell 43.67% to $8.59 per share within two trading sessions.

Insights
LLY   neutral

Mentioned as a medication provider without direct partnership, but medications will be accessible through Mangoceuticals' platform


FRMI   negative

Major tenant terminated a $150 million construction funding agreement, resulting in a 43.67% stock price decline within two trading sessions. Company is under investigation for potential securities fraud, indicating serious concerns about business viability and possible disclosure issues.