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Data center builder Fermi files for US IPO as new listings accelerate
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Data center builder Fermi files for US IPO as new listings accelerate
Sep 8, 2025 3:41 AM

Sept 8 (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.

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