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Fermi Inc. Shares Jump 28% in Debut After $682.5M IPO: Bloomberg
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Heartspace News Desk
•Source: Bloomberg.com
Photo by Markus Winkler on Unsplash
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Key takeaways
- , an energy REIT, experienced a successful market debut on October 1, 2025, with shares surging 28% after raising $682
- listing, according to Bloomberg
- The company, dubbed "Rick Perry's Energy REIT" by Bloomberg
Fermi Inc., an energy REIT, experienced a successful market debut on October 1, 2025, with shares surging 28% after raising $682.5 million in its U.S. listing, according to Bloomberg.com. The company, dubbed "Rick Perry's Energy REIT" by Bloomberg.com, generated substantial investor interest upon commencing trading in New York.
During its initial public offering (IPO), Fermi Inc. offered 32.5 million shares to the public, priced at $21 each. This pricing aligned with the anticipated range of $18 to $22 per share. By 12:39 p.m. in New York, the company's shares were trading at $26.92.
Related Topics
Energy REITFermi Inc.IPOInitial Public OfferingStock MarketBloombergRick PerryEnergy Sector
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