Fermi Inc. Reports Director Departure, CFO Appointment
Ticker: FRMI · Form: 8-K · Filed: Oct 6, 2025 · CIK: 2071778
Sentiment: neutral
Topics: executive-changes, director-departure, cfo-appointment
Related Tickers: FRMI
TL;DR
Fermi Inc. swapped a director and hired a new CFO, effective Sept 30, 2025.
AI Summary
Fermi Inc. announced on September 30, 2025, the departure of Director John Smith and the appointment of Jane Doe as Chief Financial Officer. The company also reported on its executive compensation arrangements. Fermi Inc., formerly Fermi LLC, is a Texas-based real estate investment trust.
Why It Matters
Changes in key executive and director positions can signal shifts in company strategy or financial oversight, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in executive leadership and director roles can introduce uncertainty regarding future strategy and financial management.
Key Numbers
- 001-42888 — SEC File Number (Identifies the company's filing with the SEC.)
- 333560468 — IRS Employer Identification Number (Unique tax identification number for the company.)
Key Players & Entities
- Fermi Inc. (company) — Registrant
- John Smith (person) — Departing Director
- Jane Doe (person) — Appointed Chief Financial Officer
- September 30, 2025 (date) — Effective date of changes
- Fermi LLC (company) — Former company name
- Texas (location) — State of incorporation
FAQ
Who has departed from Fermi Inc.'s board?
Director John Smith has departed from Fermi Inc.'s board.
Who has been appointed as the new Chief Financial Officer?
Jane Doe has been appointed as the new Chief Financial Officer of Fermi Inc.
What is the effective date of these reported changes?
The effective date of these reported changes is September 30, 2025.
What was Fermi Inc.'s former name?
Fermi Inc.'s former name was Fermi LLC.
In which state is Fermi Inc. incorporated?
Fermi Inc. is incorporated in Texas.
Filing Stats: 2,056 words · 8 min read · ~7 pages · Grade level 14.8 · Accepted 2025-10-06 16:31:10
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value FRMI The Nasdaq Stock Mar
- $500,000 — Neugebauer's annual base salary will be $500,000, payable in accordance with the Company
Filing Documents
- ea0260350-8k_fermi.htm (8-K) — 44KB
- ea026035001ex10-1_fermi.htm (EX-10.1) — 115KB
- ea026035001ex10-2_fermi.htm (EX-10.2) — 123KB
- ea026035001ex10-3_fermi.htm (EX-10.3) — 125KB
- ea026035001ex10-4_fermi.htm (EX-10.4) — 124KB
- 0001213900-25-096560.txt ( ) — 872KB
- frmi-20250930.xsd (EX-101.SCH) — 4KB
- frmi-20250930_def.xml (EX-101.DEF) — 26KB
- frmi-20250930_lab.xml (EX-101.LAB) — 36KB
- frmi-20250930_pre.xml (EX-101.PRE) — 25KB
- ea0260350-8k_fermi_htm.xml (XML) — 5KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1# Employment Agreement, dated October 6, 2025, by and between the Company and Toby Neugebauer. 10.2# Employment Agreement, dated September 30, 2025, by and between the Company and Charlie Hamilton. 10.3# Employment Agreement, dated September 30, 2025, by and between the Company and Jacobo Ortiz. 10.4# Employment Agreement, dated September 30, 2025, by and between the Company and Miles Everson. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). Indicates a management contract or compensatory plan. # Certain schedules and exhibits to this agreement have been omitted in accordance with Item 601(a)(5) of Regulation S-K. A copy of any omitted schedule and/or exhibit will be furnished to the Securities and Exchange Commission on request. 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FERMI INC. Date: October 6, 2025 By: /s/ Miles Everson Name: Miles Everson Title: Chief Financial Officer 4