#United States #Dallas #Fermi America #Rick Perry #Neugebauer

Neugebauer Proposes Historic Town Hall Webinar for Fermi Shareholders

On June 30, Toby Neugebauer, co-founder and the largest individual shareholder of Fermi America, Inc. (Nasdaq: FRMI), is set to host an important town hall webinar. This unprecedented session aims to provide shareholders the opportunity to hear direct perspectives from Neugebauer and co-founders Governor Rick Perry and his son, Griffin Perry, regarding the company's trajectory.

The initiative is born out of Neugebauer's belief that shareholders have the right to understand varied viewpoints on Fermi’s past, present, and future. The format will feature tough, live questions posed by industry analysts, journalists, and experts who have been consistently covering the company. The intention is to facilitate unfiltered discussions, avoiding any scripted responses, which should allow shareholders to gain a clearer understanding of significant company matters.

Neugebauer has identified the relevance of this discussion following Fermi's recent legal challenges in federal court. The current governance structure has given the board remarkable control, requiring an unattainable 70% supermajority for shareholders wanting to adjust the board. This proposed town hall is a strategic move by Neugebauer as he aims to reinstate shareholder voting power on crucial company decisions.

In his words, "I'm proposing this historic town hall because shareholders deserve to engage with us and to understand our visions and responses concerning the company they're invested in. It’s vital that we hold a conversation that’s on the record and transparent."

Key topics expected to arise during the session include whether Fermi should follow a dual-track strategy as it navigates future decisions related to Project Matador, which involves a significant power generation initiative in Amarillo, Texas. Neugebauer advocates for an independent, banker-led evaluation of the company's options rather than continuing with the current board's approach, which he criticizes for lacking thorough examination.

The town hall will be accessible through a webcast open to all shareholders of record. Analysts and journalists interested in participating by asking questions are encouraged to get in touch via a dedicated email contact. Neugebauer stresses, “Shareholders are entitled to real conversations, not merely statements from lawyers or press releases. They must see leadership held accountable for both past actions and future plans.”

About Project Matador

Project Matador is a highly ambitious initiative encompassing a 7,500-acre private power campus situated on a 99-year ground lease with the Texas Tech University System. It showcases an impressive total power capacity exceeding 11 GW and features a Clean Air Permit that designates it as the second largest in the nation. The project's financial framework includes over $1 billion in funding, predominantly led by MUFG, with evaluations estimating its fair value between $8 billion and $12 billion, even while the company's enterprise value hovers around $3.2 billion.

In the lead-up to the town hall, Neugebauer has been proactive in fostering shareholder engagement and awareness about the issues at hand. As discussions unfold, the emphasis is not solely placed on the company's direction but rather on restoring investor trust and ensuring they are armed with the knowledge necessary to influence those future directions positively.

For continuous updates or more information, shareholders can visit UnlockFermiValue.com or reach out via email for inquiries.

This town hall could potentially become a pivotal moment in Fermi's corporate history, setting the stage for how it engages with its investors moving forward.