A class action lawsuit has been filed against Fermi Inc. on behalf of investors who bought or acquired its securities between Oct. 1, 2025 and Dec. 11, 2025, including in the company’s IPO. The suit alleges the company misled investors about tenant demand for its Project Matador AI campus and the status of project funding, including claims that construction financing depended on a single tenant whose support could be withdrawn. Investors seeking to be appointed lead plaintiff must apply by March 6, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fermi Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602230906PRIMZONEFULLFEED9658844) on February 23, 2026, and is solely responsible for the information contained therein.