Fermi Inc. Admission of Common Stock Shares
DALLAS, July 23, 2026 – Fermi Inc. (NASDAQ and LSE: FRMI) has announced its intention to admit 12,127,558 shares of common stock to be traded on the Main Market of the London Stock Exchange (LSE). This marks a significant step for the Texas-based company, dedicated to advancing electric grids necessary for next-generation artificial intelligence development.
Overview of the Admission
Fermi Inc. aims to facilitate this admission as part of a settlement for advisory fees and the vesting of restricted stock units. These common stock shares, priced at $0.001 per share, are anticipated to commence trading at 8:00 AM on July 29, 2026. The new shares will be fully paid, and collectively, there will be
640,467,348 shares in circulation with voting rights once the admission process is complete.
This expansion not only increases Fermi’s visibility in the European markets but also aligns with its growth strategy aimed at solidifying its leadership role in energy and AI computing sectors.
Enhancing Voting Rights
Upon admission, the total outstanding common shares will represent a significant voting bloc for shareholders. This number can be utilized by shareholders to determine if additional notifications are needed concerning changes in their holdings under the Financial Conduct Authority's (FCA) Disclosure Guidance and Transparency Rules. There are currently no treasury shares held by Fermi, which puts all issued shares in active circulation.
About Fermi America™
Fermi America™ is at the forefront of developing state-of-the-art electric grids designed to deliver on-demand power at a gigawatt scale, catering specifically to AI and intelligence applications. The company's projects, including the ambitious
Project Matador, aim to integrate a diverse range of energy sources, such as natural gas, nuclear power, solar energy, and battery storage. With a combined experience of
25 GW, Fermi America™ has positioned itself to lead in providing reliable energy solutions critical for advanced computing technologies.
The forthcoming
combined-cycle natural gas project and one of
America's largest clean nuclear power complexes are intended to significantly boost the capabilities of Fermi’s energy delivery systems, ensuring that the company remains a key player in America’s energy landscape and AI advancements.
Conclusion & Future Direction
Fermi Inc.’s strategic admission of shares to the London Stock Exchange reflects its commitment to growth and innovation. Not only does it elevate their profile, but it also reinforces their mission to ensure energy reliability and performance for tomorrow's technological demands. Stakeholders are encouraged to monitor the upcoming developments as the company continues navigating its path toward electric grid advancements and the future of artificial intelligence.
For more information about Fermi America and its projects, please visit
www.fermiamerica.com.
Contact
- - Investors: Rodrigo Acuna - [email protected]
- - Media Inquiries: Michael Freitag / Adam Pollack / Eliza Rothstein - 212-355-4449