THE MARKET HAS SPOKEN: Wants Neugebauer and Fermi Board to Maximize Shareholder Value and Enhance Management
PR Newswire
DALLAS, June 18, 2026
While Surprised John Sellers and Double Eagle Declined to Take the Helm of Fermi, Neugebauer Reiterates His Call for Board to Find Someone of that Caliber with a Team Who Can Replace the Nine Senior Leaders That Departed Fermi After Toby's TerminationCalls on the Fermi Board to Put Their Guns DownNeugebauer Responds to Perry's and Others' Negative Campaign Attacks: Answers Recent Media Inquiries and SEC FilingsShareholders—Not PR Operatives and Media Editors—Should Decide Fermi's FutureDALLAS, June 18, 2026 /PRNewswire/ -- Believing that shareholders deserve transparency to determine Fermi's future, Toby Neugebauer, co-founder and largest shareholder of Fermi Inc. ("Fermi" or the "Company"), responds directly to recent press inquiries and the incumbent board's SEC filings. Following the release of Toby's recent open letter, the market responded immediately with significant positive stock momentum—confirming that the investor community recognizes a dual path of tenant acquisition and pursuing a strategic transaction as the path forward that yields highest value, even before a formal vote has been cast. In response to the last 48 hours' incredible gains and the incumbent Board's recent falsehoods, Toby released the following statement:
