FRMI News
Archived Headlines
- Power and data center infrastructure REIT Fermi sets terms for $500 million IPO, dual listing in the US and London 09/24/25
- IPO market takes a breather with no deals scheduled for next week; these 6 names may join the calendar 09/18/25
- US IPO Weekly Recap: Klarna leads busiest week for IPOs since 2021, as more names join the pipeline 09/12/25
- Power and data center infrastructure REIT Fermi files for a $150 million IPO 09/08/25
US IPO Weekly Recap: Data infrastructure, flood insurance, and banking debut in 6 IPO week
Six IPOs debuted this week, while seven SPACs listed. Eight IPOs submitted initial filings, including a handful of sizable issuers. Five SPACs also submitted initial filings. Dual listing in the US and London, newly-formed REIT Fermi (FRMI) priced its IPO...read more
Power and data center infrastructure REIT Fermi prices IPO at $21, within the range
Fermi, a Texas REIT developing power and data center infrastructure for AI uses, raised $683 million by offering 32.5 million shares at $21, within the range of $18 to $22. The company had originally filed to offer 25 million shares, before increasing the...read more
Power and data center infrastructure REIT Fermi increases shares offered by 30% ahead of $650 million IPO
Fermi, a Texas REIT developing power and data center infrastructure for AI uses, raised the proposed deal size for its upcoming IPO on Monday. The company plans to dual list on the Nasdaq and the London Stock Exchange. The Amarillo, TX-based company now plans...read more
US IPO Week Ahead: 3Q IPO market closes out with data infrastructure and flood insurance
Two sizable deals are currently scheduled to price in the week ahead as the 3Q IPO market comes to a close. Dual listing in the US and London, newly-formed REIT Fermi (FRMI) plans to raise $500 million at a $13.0 billion market cap. Fermi is planning to...read more