Edelson Lechtzin Announces Investigation Into Fermi Inc. for Securities Violations

Investigation Alert: Edelson Lechtzin LLP and Fermi Inc.

Edelson Lechtzin LLP, a prominent national class action law firm, has initiated an investigation regarding Fermi Inc. (NASDAQ: FRMI) due to potential infractions of federal securities laws. This probe stems from allegations that Fermi may have misled investors with inaccurate business information disseminated to the public.

Background on Fermi Inc.

Fermi Inc. operates within the energy and artificial intelligence infrastructure sectors. Recently, the company went public by executing a successful initial public offering (IPO) on September 30, 2025, wherein approximately 32.5 million shares were sold at $21.00 each. In the initial offering documents, it was specified that Fermi had entered into a letter of intent with a reputed investment-grade tenant to lease a portion of the Project Matador site. The leasing purportedly included a long-term triple-net lease agreement, promising stability for future revenues.

Further encouraging signs came with Fermi's announcement in November 2025, indicating that the tenant had agreed to an Advance in Aid of Construction Agreement which would finance up to $150 million for construction-related expenses.

The Allegations and Stock Impact

However, the tide turned on December 12, 2025, when Fermi disclosed that the tenant had voluntarily canceled the Advance in Aid of Construction Agreement just one day prior. Although negotiations over leasing continued, this abrupt announcement had a severe impact on the stock's value. In a swift reaction to the news, Fermi's share price plummeted by more than 33%, ending the trading day at $10.09—significantly lower than the IPO price, creating concerns among shareholders about the company’s stability and transparency.

How to Get Involved

Edelson Lechtzin LLP encourages investors who have experienced financial losses related to their Fermi investments to come forward and share their experiences. The law firm is particularly interested in gathering information that may facilitate the ongoing investigation. Investors can submit details directly through a designated form provided by the firm.

Individuals interested in participating in this inquiry or seeking more information can also contact attorney Eric Lechtzin directly at 844-563-5550, extension 1, or via email at [email protected]

About Edelson Lechtzin LLP

Edelson Lechtzin LLP is strategically positioned with offices in both Pennsylvania and California, focusing not only on securities fraud but a broad spectrum of issues related to class action lawsuits. Their expertise encompasses violations of federal antitrust regulations, employee benefit plans under ERISA, consumer fraud, and dangerous medical devices, among others.

This investigation is an opportunity for affected investors to learn more about their rights and potential recourse. Although a class has not yet been certified, it is crucial for affected individuals to stay informed and consider their options.

For further inquiries or legal advice, interested parties are invited to reach out to the firm through the provided contact details above or visit their website at www.edelson-law.com. This press release may be classified as attorney advertising in certain jurisdictions, emphasizing the importance of consulting with an attorney to understand your rights and options as a potentially impacted investor.