Welcome to our dedicated page for Fermi SEC filings (Ticker: FRMI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Fermi Inc. filings document an emerging growth company developing private power and site infrastructure for Project Matador. Current reports describe common stock disclosure, material-event reporting, leadership and board changes, shareholder solicitation materials, and governance arrangements, including director nomination rights and charter-related control matters.
The company's 8-K filings also cover material definitive agreements and capital-structure matters, including equipment financing for Siemens Energy SGT-800 industrial gas turbines and related equipment for Project Matador. The filings identify operating subsidiaries used for project financing and disclose Regulation FD communications, shareholder voting matters, and operating and financial results categories.
Fermi Inc. entered into a senior secured equipment loan warehouse facility with MUFG Bank for up to $500,000,000 to support its AI-focused Project Matador campus and broader turbine fleet. A Fermi subsidiary will borrow under an Equipment Supply Loan Financing Agreement maturing eighteen months after the closing date.
Loans bear interest at Term SOFR or Daily Simple SOFR plus 4% and can be drawn for nine months. Proceeds will fund three Siemens Energy F-class gas turbines, pay $168,300,000 to Siemens Energy, refinance an existing term loan, cover fees and reserves, and support additional turbine deployment. The facility is secured by turbine-related assets and equity pledges and includes loan-to-value covenants with target ratios of 65% for delivered and 55% for undelivered equipment.