Finance
Data center builder Fermi files for US IPO as new listings accelerate
Published by Global Banking & Finance Review®
Posted on September 8, 2025
1 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on September 8, 2025
1 min readLast updated: January 22, 2026
Fermi files for a US IPO amid a surge in new listings. The company plans to list on Nasdaq and the London Stock Exchange.
(Reuters) - Fermi, an energy and data center development company, on Monday filed for an initial public offering in the United States, as companies rush to tap investor enthusiasm for new issues.
The post-Labor Day season is off to a good start as Wall Street returns to action after the usual August slowdown.
The packed IPO calendar for the fall window includes high-profile names such as Swedish fintech Klarna and the Winklevoss twins' crypto exchange Gemini.
UBS Investment Bank, Cantor, and Mizuho are among the book-running managers for the offering.
Fermi has applied to list on the Nasdaq under the symbol "FRMI".
The company also plans to apply to list on the main market of the London Stock Exchange.
(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Vijay Kishore)
Fermi, an energy and data center development company, filed for an initial public offering in the United States.
UBS Investment Bank, Cantor, and Mizuho are among the book-running managers for the offering.
Fermi has applied to list on the Nasdaq under the symbol 'FRMI' and also plans to apply to list on the main market of the London Stock Exchange.
There is a rush among companies to tap investor enthusiasm for new issues as the post-Labor Day season begins positively.
The packed IPO calendar for the fall includes high-profile names such as Swedish fintech Klarna and the Winklevoss twins' crypto exchange Gemini.
Explore more articles in the Finance category
