Toby Neugebauer to Host Value-Driven Webinar for Fermi Shareholders
Toby Neugebauer, a co-founder and prominent shareholder of Fermi Inc., has announced an important presentation aimed at defining a robust strategy for maximizing shareholder value. This event is set for May 21, 2026, at 4:00 PM CT. Neugebauer's approach centers around a well-structured 75-day plan that seeks to align the company's value with its potential.
Fermi Inc. has a notable component referred to as Project Matador, which is underscored as a world-class asset. During the announcement, Neugebauer stressed that the current share price does not reflect the intrinsic value generated over the past year. This discrepancy is critical, and he firmly believes shareholders must fully comprehend the available options to optimize their investments.
"Project Matador represents a unique opportunity for our stakeholders, yet it requires strategic stewardship to realize its full value potential," Neugebauer commented. "A current analysis shows that the cost of capital necessitates a dual-path process, calling for either a full-market-value sale or a strategic alliance. The ideal partners in this venture would have lower capital costs and valuable expertise suitable for executing such colossal projects."
Neugebauer's strategic vision includes proposing a fresh slate of highly qualified independent board members who would work alongside current directors, thereby establishing strong leadership focused on maximizing all possible paths of value. His proposed board composition includes notable figures such as former Fermi CFO Miles Everson and Chief Power Officer Larry Kellerman. The restructuring aims to reinstate sound governance while safeguarding shareholder rights.
The call to action is evident as Neugebauer insists that Fermi's ownership must make pivotal decisions about the company's trajectory. He highlighted the need for unity among shareholders during this decisive period: "It's time for us as owners to reclaim control over Fermi's direction and ensure our investments reflect the company’s true worth."
Interested stakeholders are highly encouraged to register for the webinar scheduled for May 21, where Neugebauer will deliver critical insights on the proposed plan and open the floor for dialogue. The registration link can be accessed at
Webcast Registration.
Important Notes for Shareholders
Neugebauer has indicated that he, along with associated entities, plans to file a definitive proxy statement with the SEC concerning the solicitation of proxies aimed at convening a special shareholders' meeting anticipated for June 30, 2026. He strongly advises all shareholders to diligently review the proxy materials that will be provided, as they contain crucial information regarding their voting rights and options.
In line with this, the Fermi Founder Parties recently filed a Schedule 13G, revealing Neugebauer's significant ownership stake of over 139 million shares in Fermi. The financial stability and strategic direction of Fermi hinge on the shareholders’ decisions during the upcoming meeting, making participation pivotal.
In conclusion, Neugebauer's upcoming presentation signifies a turning point for Fermi Inc. and its stakeholders. It aims not only to define a clear path forward but also to engage with shareholders about the essential choices that lie ahead. Through collaboration and informed decision-making, Fermi can navigate its future towards maximizing shareholder value.