Fermi Inc. appointed four new officers effective July 22, 2026: George Wentz as General Counsel, Anna Bofa as Chief Commercial Officer, Jacobo Ortiz as Chief Operating Officer, and Rob Masson as Chief Financial Officer. Ms. Bofa and Mr. Ortiz will maintain their roles as Co-Chairs of the Interim Office of the CEO. The appointments include five-year employment agreements with annual base salaries of $500,000 for Wentz, Bofa, and Ortiz, and $650,000 for Masson. Each officer is eligible for a target annual bonus of 100% of their base salary and participation in the 2025 Long-Term Incentive Plan with aggregate grant values ranging from $2.25 million to $3 million. The company also approved sign-on equity awards and standard indemnification agreements for the new officers. Fermi Inc. operates in the energy infrastructure and technology sector.

Fermi Inc. filed an amendment to its Form 8-K to disclose a response letter from Mr. Miles Everson. Mr. Everson resigned from the Board of Directors effective July 10, 2026. The company received a formal response from Mr. Everson on July 19, 2026, regarding the company's previous July 13, 2026, filing. Fermi Inc. is a corporation based in Texas.

Fermi Inc. closed an upsized offering of $431.25 million in 5.00% convertible senior notes due 2031, generating approximately $416.81 million in net proceeds. The company entered into capped call transactions with an initial cap price of $14.64 per share to mitigate potential dilution. Fermi Inc. operates in the energy and AI infrastructure sector, developing large-scale private electric grids and data campus sites.

On July 10, 2026, Miles Everson resigned as a director of Fermi Inc., effective immediately. Mr. Everson, a designee of Toby Neugebauer, cited disagreements regarding his access to company books and records and the Board's decision to delegate the oversight of certain financing transactions to the Finance Committee. The company disputed these claims, stating Mr. Everson had full access except for materials related to pending litigation involving Mr. Neugebauer and had previously approved the Finance Committee's establishment. Fermi Inc. is an emerging growth company that operates in an unspecified industry.

Fermi Inc. commenced an offering for the sale of $350 million aggregate principal amount of convertible senior notes due 2031 to qualified institutional buyers. The company expects to grant initial purchasers an option to purchase an additional $52.5 million in Notes. Net proceeds will be used to pay for capped call transactions and general corporate purposes. Additionally, the company has deferred its election to be taxed as a real estate investment trust (REIT) until its taxable year ending December 31, 2026. Fermi Inc. operates in the real estate sector.