FRMI News
Archived Headlines
- US IPO Week Ahead: 3Q IPO market closes out with data infrastructure and flood insurance 09/26/25
- 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
From nuclear to quantum, SPAC themes are crossing over to the IPO market
Quantum computing company Quantinuum (QNT) is gearing up to raise $1.4 billion this week, marking the latest traditional IPO attempt from a typical SPAC target. After increasing the proposed price range on Monday, the company is targeting a market cap of...read more
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