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Fermi Inc. ( (FRMI) ) has issued an update.
On October 6, 2025, Fermi Inc. entered into an employment agreement with Toby Neugebauer, appointing him as the Chief Executive Officer for a three-year term, with provisions for automatic renewals. The agreement outlines a base salary of $500,000, potential salary increases, and equity grants, along with benefits such as business travel accommodations. Additionally, on September 30, 2025, Fermi Inc. established employment agreements with Charlie Hamilton, Jacobo Ortiz, and Miles Everson for executive roles, each with a base salary of $500,000 and performance-based bonuses. These agreements include terms for termination benefits and equity awards, reflecting the company’s strategic approach to leadership and compensation.
More about Fermi Inc.
Average Trading Volume: 25,015,750
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