Fermi Data Center Builder Files for US IPO Amid Strong Market Demand

Monday, Sep 8, 2025 6:23 am ET1min read

Fermi, an energy and data center development company, has filed for a US IPO. The offering is being led by UBS Investment Bank, Cantor, and Mizuho. Fermi plans to list on the Nasdaq under the symbol "FRMI" and on the London Stock Exchange's main market. The IPO is part of a packed calendar for the fall season, which includes high-profile names such as Klarna and Gemini.

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