Notice of Proposed Sale · 144
Fermi Inc.
FRMINASDAQEQUITYCurrent
Notice of Proposed Sale
Structured filing — 144
primary_doc.xml
Notice of proposed sale. The proposed amounts below do not establish that a sale occurred.
Proposed-sale notice
- Issuer
- Fermi Inc.
- Issuer CIK
- 0002071778
- SEC file number
- 001-42888
- Phone
- 1-214-894-7855
- Person for whose account securities are to be sold
- Toby Neugebauer
- Relationships to issuer
- 10% Stockholder
- Street
- 1845 Woodwall Rodgers Fwy
- Street (continued)
- Suite 1100
- City
- Dallas
- State / country code
- TX
- Postal code
- 75201
Securities proposed for sale
| Security | Proposed units | Aggregate market value | Units outstanding | Approximate sale date | Exchange | Broker / market maker |
|---|---|---|---|---|---|---|
| Common Stock | 420,749 | 1,237,002.06 | 641,259,703 | 10/20/2026 | NASD | Goldman Sachs & Co. LLC |
Broker / market maker — proposed row 1, entry 1
- Name
- Goldman Sachs & Co. LLC
- Street
- 200 West Street
- City
- New York
- State / country code
- NY
- Postal code
- 10282
Acquisition of securities to be sold
| Security | Acquired | Nature of acquisition | Acquired from | Amount acquired | Gift transaction | Payment date | Nature of payment |
|---|---|---|---|---|---|---|---|
| Common Stock | 01/10/2025 | Acquired from issuer in private transaction | Issuer | 420,749 | N | 01/10/2025 | None |
Sales reported in the preceding three months
| Seller | Security | Sale date | Amount sold | Gross proceeds |
|---|---|---|---|---|
| Melissa A. Neugebauer 2020 TR DTD 12/11/2020 Toby Neugebauer& Melissa Neugebauer, TTEE | Common Stock | 10/13/2026 | 2,750,000 | 10,266,575 |
| Vicksburg Investments Management, LLC | Common Stock | 10/14/2026 | 1,297,200 | 4,089,293.28 |
Seller — prior-sale row 1, entry 1
- Name
- Melissa A. Neugebauer 2020 TR DTD 12/11/2020 Toby Neugebauer& Melissa Neugebauer, TTEE
- Street
- 1845 Woodwall Rodgers Fwy
- Street (continued)
- Suite 1100
- City
- Dallas
- State / country code
- TX
- Postal code
- 75201
Seller — prior-sale row 2, entry 1
- Name
- Vicksburg Investments Management, LLC
- Street
- 1845 Woodwall Rodgers Fwy
- Street (continued)
- Suite 1100
- City
- Dallas
- State / country code
- TX
- Postal code
- 75201
Prior-sale reporting
- Nothing to report for the preceding three months
- N
Remarks
All shares to be sold by the MELISSA A. NEUGEBAUER 2020 TRUST.
Notice signature
- Notice date
- 10/20/2026
- Signed
- Goldman Sachs & Co. LLC on behalf of Toby Neugebauer
Company context
Fermi’s mission is to power the artificial intelligence (“AI”) needs of tomorrow. We are an advanced energy and hyperscaler development company purpose-built for the AI era. Our mission is to deliver up to 11 gigawatts (“GW”) of low-carbon, HyperRedundant™, and on-demand power directly to the world’s most compute-intensive businesses with 1.1 GW of power projected to be online by the end of 2026. We have entered into a long-term lease on a site large enough to simultaneously house the next three largest data center campuses by square footage currently in existence. In a world in which power is considered a key currency for AI innovation, we believe that Fermi has a unique combination of important advantages that will help propel America’s AI economy forward. Fermi offers investors an opportunity to invest in AI growth and grid-independent energy infrastructure through a tax-efficient public REIT structure.