---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-108289"
form_type: "8-K"
ticker: "FRMI"
cik: "0002071778"
company_name: "Fermi Inc."
filed_at: "2025-11-10T23:59:59+00:00"
generated_at: "2026-05-16T22:43:37.686947+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fermi America Q3: 2.2GW gas secured, NRC accepts COL, IPO raises $785M

## Summary
- Secured 2.2GW gas-fired generation (surpassing 1.0GW target); first power delivery target remains end of 2026.
- NRC formally accepted COL application for four Westinghouse AP1000 reactors at Project Matador campus.
- Raised $1.6Bn YTD: $358M Macquarie-led private financing and $785M IPO at $21/share (32.5M shares).
- Executed $150M Advance in Aid of Construction Agreement with first investment-grade tenant for >1GW.
- Entered LOI with City of Amarillo for up to 10 MGD water; campus lease with Texas Tech University commenced.

## SEC filing metadata
- accession: 0001213900-25-108289
- form_type: 8-K
- ticker: FRMI
- cik: 0002071778
- company_name: Fermi Inc.
- filed_at: 2025-11-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2071778/000121390025108289/0001213900-25-108289-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2071778/000121390025108289/ea0264721-8k_fermi.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-108289
- JSON: https://secwatch.observer/filing/0001213900-25-108289.json
- Plain text: https://secwatch.observer/filing/0001213900-25-108289.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.