FRMI INVESTIGATION ALERT: Edelson Lechtzin LLP Announces an Investigation of Fermi Inc. (NASDAQ: FRMI) and Encourages Investors with Substantial Losses to Contact the Firm
NEWTOWN, Pa., Dec. 22, 2025 /PRNewswire/ — Edelson Lechtzin LLP is investigating potential violations of the federal securities laws involving Fermi Inc. (NASDAQ: FRMI), resulting from allegations of providing potentially misleading business information to the investing public.
If you have information that could assist in the Fermi Investigation or if you are a Fermi investor who suffered a loss and would like to learn more, you can provide your information HERE.
You can also contact attorney Eric Lechtzin at 844-563-5550 ext. 1, or via e-mail at elechtzin@edelson-law.com.
THE COMPANY:
Fermi Inc. is an energy and AI infrastructure company.
THE ALLEGED WRONGDOING:
On September 30, 2025, Fermi completed its initial public offering (“IPO”), selling about 32.5 million shares at $21.00 per share. The offering documents stated that Fermi had entered into a letter of intent with an investment-grade tenant to lease part of the Project Matador site under a long-term, triple-net lease. In November 2025, Fermi announced that the tenant had also agreed to an Advance in Aid of Construction Agreement to provide up to $150 million for construction costs.
On December 12, 2025, Fermi disclosed that the tenant had terminated the Advance in Aid of Construction Agreement the prior day, though lease negotiations continued. On this news, the price of Fermi stock fell more than 33%, to close at $10.09 per share, well below the IPO price.
ABOUT EDELSON LECHTZIN LLP: Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving securities and investment fraud, our lawyers focus on class and collective litigation alleging violations of the federal antitrust laws, ERISA employee benefit plans, wage theft and unpaid overtime, consumer fraud, and dangerous and defective drugs and medical devices.
For more information, please contact:
Marc H. Edelson, Esq.
Eric Lechtzin, Esq.
EDELSON LECHTZIN LLP
411 S. State Street, Suite N-300
Newtown, PA 18940
Phone: 844-696-7492 or 215-867-2399 ext. 1
Email: medelson@edelson-law.com
Email: elechtzin@edelson-law.com
Web: www.edelson-law.com
This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. Your ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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SOURCE Edelson Lechtzin LLP
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