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Neugebauer seeks special meeting at Fermi (NASDAQ: FRMI) with large founder stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
DFAN14A

Rhea-AI Filing Summary

Fermi Inc. founder Toby R. Neugebauer and several affiliated parties are soliciting agent designations and intend to file a definitive proxy statement for a special meeting of shareholders anticipated on or around June 30, 2026. The participants include Vicksburg Investments Management LLC and the Melissa A. Neugebauer 2020 Trust.

The disclosure states the Fermi Founder Parties previously reported beneficial ownership of 139,016,035 shares by Mr. Neugebauer (including 44,656,376 held by Vicksburg and 94,359,659 held by the Trust) per a Schedule 13G filed on November 14, 2025. The participants plan to provide proxy materials, including a green agent designations card, and urge shareholders to read the definitive proxy materials when filed.

Positive

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Negative

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Insights

Founder-led solicitation seeks shareholder agent designations ahead of a special meeting.

The filing notifies shareholders that the Fermi Founder Parties will file a definitive Schedule 14A and related materials to solicit agent designations for a special meeting anticipated around June 30, 2026. It cites a Schedule 13G showing large beneficial holdings by Mr. Neugebauer and affiliated entities as of November 14, 2025.

Key dependencies include the content and timing of the definitive proxy statement and the mechanics of the green agent designations card; subsequent filings will provide the formal proposals and voting mechanics.

Large founder ownership frames the solicitation; procedural materials are forthcoming.

The disclosure highlights that Mr. Neugebauer and affiliated entities reported a combined beneficial position of 139,016,035 shares on a prior Schedule 13G. The materials emphasize shareholders should review the forthcoming definitive proxy and agent designations card.

Shareholder response and the definitive proxy's proposals will determine the meeting's outcome; timing and cash‑flow treatment are not described in this excerpt.

Special meeting anticipated June 30, 2026 scheduled date mentioned in proxy solicitation
Toby Neugebauer beneficial ownership 139,016,035 shares as reported on Schedule 13G filed November 14, 2025
Vicksburg Investments beneficial ownership 44,656,376 shares as reported on Schedule 13G filed November 14, 2025
Melissa A. Neugebauer 2020 Trust beneficial ownership 94,359,659 shares as reported on Schedule 13G filed November 14, 2025
Schedule 14A regulatory
"intend to file a definitive proxy statement on Schedule 14A, accompanying GREEN agent designations card"
Schedule 14A is a document that companies file with regulators to share important information with shareholders before a big vote, like approving a merger or election of directors. It matters because it helps investors understand what’s happening so they can make informed decisions about the company’s future.
Schedule 13G regulatory
"filed a Schedule 13G with respect to the Company on November 14, 2025"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
agent designations card other
"accompanying GREEN agent designations card, and other relevant documents"
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 14A

 

Proxy Statement Pursuant to Section 14(a) of the Securities

Exchange Act of 1934

 

Filed by the Registrant ☐

Filed by a Party other than the Registrant ☒

 

Check the appropriate box:

 

Preliminary Proxy Statement
Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
Definitive Proxy Statement
Definitive Additional Materials
Soliciting Material Pursuant to §240.14a-12a

 

FERMI INC.

(Name of Registrant as Specified in Its Charter)

 

VICKSBURG INVESTMENTS MANAGEMENT LLC

TOBY R. NEUGEBAUER

MELISSA A. NEUGEBAUER 2020 TRUST

DAVID A. DAGLIO

CHARLES M. ELSON

SHEILA HOODA

JOHN T. JIMENEZ

JUAN A. PUJADAS

JANET YANG

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

 

Payment of Filing Fee (Check the appropriate box):

 

No fee required.
Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
Fee paid previously with preliminary materials.

 

 

 

 

Item 1: On June 9, 2026, Toby R. Neugebauer posted the following material to LinkedIn:

 

 

1

 

Item 2: On June 9, 2026, Toby R. Neugebauer posted the following material to X (formerly known as Twitter):

 

 

Important Information

 

Toby Neugebauer and his affiliated entities, Vicksburg Investments Management LLC and Melissa A. Neugebauer 2020 Trust (collectively with Mr. Neugebauer, the “Fermi Founder Parties”), David A. Daglio, Charles M. Elson, John T. Jimenez, Janet Yang, Sheila Hooda and Juan A. Pujadas (collectively, the “Participants”) intend to file a definitive proxy statement on Schedule 14A, accompanying GREEN agent designations card, and other relevant documents with the SEC in connection with the solicitation of proxies with respect to the solicitation of agent designations for calling a special meeting of shareholders anticipated to be held on or around June 30, 2026 (the “Special Meeting”).

 

THE PARTICIPANTS STRONGLY ADVISE ALL SHAREHOLDERS OF THE COMPANY TO READ THE DEFINITIVE PROXY STATEMENT AND OTHER PROXY MATERIALS, INCLUDING THE GREEN AGENT DESIGNATIONS CARD THAT WILL BE FILED BY THE PARTICIPANTS AS THEY BECOME AVAILABLE BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION. SUCH PROXY MATERIALS WILL BE AVAILABLE AT NO CHARGE ON THE SEC’S WEB SITE AT HTTP://WWW.SEC.GOV. IN ADDITION, THE PARTICIPANTS WILL PROVIDE COPIES OF THE PROXY STATEMENT WITHOUT CHARGE, WHEN AVAILABLE, UPON REQUEST.

 

The Fermi Founder Parties filed a Schedule 13G with respect to the Company on November 14, 2025, which reported that Mr. Neugebauer beneficially owns 139,016,035 shares of the Company’s common stock, $0.001 par value per share (the “Common Stock”), Vicksburg Investments Management LLC beneficially owns 44,656,376 shares of Common Stock, and Melissa A. Neugebauer 2020 Trust beneficially owns 94,359,659 shares of Common Stock. As of the date hereof, none of the other Participants beneficially own any shares of Common Stock.

 

2

 

FAQ

What action are the Fermi (FRMI) founder parties taking?

They intend to file a definitive Schedule 14A and related materials to solicit agent designations for a special meeting anticipated on or around June 30, 2026. The materials will include a green agent designations card and will be provided free on the SEC website.

How many Fermi (FRMI) shares does Toby Neugebauer beneficially own?

Per a Schedule 13G filed on November 14, 2025, Mr. Neugebauer beneficially owns 139,016,035 shares of common stock. That total includes holdings by Vicksburg Investments and the Melissa A. Neugebauer 2020 Trust.

Which affiliated entities are part of the solicitation group for FRMI?

The participants include Vicksburg Investments Management LLC, the Melissa A. Neugebauer 2020 Trust, David A. Daglio, Charles M. Elson, John T. Jimenez, Janet Yang, Sheila Hooda, and Juan A. Pujadas, collectively named as the Participants in the filing.

Where can shareholders find the definitive proxy materials for FRMI?

The filing states definitive proxy materials, including the green agent designations card, will be available at no charge on the SEC website at http://www.sec.gov and will be provided without charge upon request when filed.