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On July 10, 2026, Miles Everson resigned as a director of Fermi Inc., effective immediately

FRMIFermi Inc.

On July 10, 2026, Miles Everson resigned as a director of Fermi Inc., effective immediately. Mr. Everson, a designee of Toby Neugebauer, cited disagreements regarding his access to company books and records and the Board's decision to delegate the oversight of certain financing transactions to the Finance Committee. The company disputed these claims, stating Mr. Everson had full access except for materials related to pending litigation involving Mr. Neugebauer and had previously approved the Finance Committee's establishment. Fermi Inc. is an emerging growth company that operates in an unspecified industry.

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