Form 8-K

8-K — Fermi Inc.

Accession: 0001213900-26-077385

Filed: 2026-07-13

Period: 2026-07-10

CIK: 0002071778

SIC: 6798 (REAL ESTATE INVESTMENT TRUSTS)

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Financial Statements and Exhibits

Documents

8-K — ea0297782-8k_fermi.htm (Primary)

EX-17.1 — RESIGNATION LETTER OF MILES EVERSON, DATED JULY 10, 2026 (ea029778201ex17-1.htm)

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

July 10, 2026

Fermi Inc.

(Exact name of registrant as specified in its charter)

Texas

001-42888

33-3560468

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

620 S. Taylor St., Suite 301

Amarillo, TX

79101

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including

area code: (214) 894-7855

Not Applicable

(Former name or former address, if changed since

last report)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.001 par value

FRMI

The Nasdaq Stock Market LLC

Common Stock, $0.001 par value

FRMI

The London Stock Exchange

Indicate by check mark whether the registrant

is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the

Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

☒

If an emerging growth company, indicate by check

mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting

standards provided pursuant to Section 13(a) of the Exchange Act. ☒

Item

5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of

Certain Officers.

On July 10, 2026, the Board of Directors (the “Board”)

of Fermi Inc. (the “Company”) received a letter from Mr. Miles Everson, a director designee of Toby Neugebauer, pursuant to

which Mr. Everson resigned as a director of the Company, effective immediately (the “Resignation Letter”). At the time of

his resignation, Mr. Everson did not serve on any committee of the Board.

In the Resignation Letter, Mr. Everson stated that his resignation

was due to a disagreement with the Company over his access to certain books and records of the Company and the Board’s decision

to delegate to the Finance Committee of the Board (the “Finance Committee”) responsibility for overseeing the negotiation

and approval of certain financing transactions.

The Company believes that Mr. Everson was granted full access to the

Company’s books and records, except for materials relating to pending litigation involving Mr. Neugebauer, for whom Mr. Everson

served as a Board representative. Mr. Everson also approved the Board’s establishment of the Finance Committee and the delegation

of responsibility to the Finance Committee for overseeing the negotiation and approval of certain financing transactions.

A full and complete copy of the Resignation Letter is attached hereto

as Exhibit 17.1 to this Current Report on Form 8-K (this “Form 8-K”). All descriptions of the contents of the Resignation

Letter set forth in this Form 8-K are qualified in their entireties by reference to the full text of the Resignation Letter.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Description

17.1

Resignation Letter of Miles Everson, dated July 10, 2026

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements

of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned

hereunto duly authorized.

FERMI INC.

Date: July 13, 2026

By:

/s/ George Wentz

Name:

George Wentz

Title:

General Counsel

EX-17.1 — RESIGNATION LETTER OF MILES EVERSON, DATED JULY 10, 2026

EX-17.1

Filename: ea029778201ex17-1.htm · Sequence: 2

Exhibit 17.1

Miles Everson

1211 W Riverside Dr.

Austin. TX 78704

July 10, 2026

VIA EMAIL

Board of Directors

Fermi Inc.

c/o Corporate Secretary and General Counsel

Re: Resignation from Board of Directors

Dear Members of the Board:

I hereby resign from the Board of Directors of Fermi Inc. (the “Company”),

including from any committee of the Board on which I serve, effective immediately upon delivery of this letter, or such other time as

may be required under the Company’s governing documents. As of the date of this letter, I do not serve on any committees to my knowledge.

My resignation is due to a disagreement with the Company regarding

its governance practices and the Company’s failure to provide required Board and committee minutes after a number of requests, including

my written requests reflected in April 18, 2026 correspondence to the entire Board of Directors and in the May 5, 2026 correspondence

to the chairman of the Board. In those requests, I requested that foundational information for sound governance be provided. I specifically

stated that I had not received minutes of Board or committee meetings that occurred prior to my appointment or minutes of Board or committee

meetings since my appointment, and I requested that all Board minutes, including committee minutes, be provided and distributed on a timely

basis going forward.

Despite that request, and despite the chair’s May 5, 2026 acknowledgment

that counsel would respond to my document requests and that Board minutes would be provided in the near term, the Company has failed to

provide the requested minutes. The Company’s continued failure to provide those minutes prevents me from being fully informed regarding

Board and committee actions, impairs my ability to evaluate the Company’s governance processes and prior Board actions, and materially

interferes with my ability to discharge my fiduciary duties as a director of a public company.

Furthermore, the Company’s continued use of special committees

to approve significant transactions is a means of avoiding full Board action, including candid discussions and feedback by the members

of the Board. Yesterday’s announcement of a new $350 million convertible bond is just such an example. This matter was not brought

to the Board for discussion or debate. In fact, I wasn’t made aware of the transaction until the public announcement was made.

For the avoidance of doubt, I am not resigning for personal reasons,

due to time constraints, or as part of an ordinary-course Board transition. I am resigning because I disagree with the Company’s

failure to provide directors with required Board and committee minutes and related governance records necessary for informed Board service.

Please ensure that any public disclosure concerning my resignation accurately describes the circumstances set forth in this letter. I

do not consent to any disclosure suggesting that my resignation is unrelated to the governance concerns described above. To the extent

the Company files a Form 8-K or any other public disclosure regarding my resignation, please provide me with a copy of the proposed disclosure

no later than the time of filing and provide me the opportunity to furnish a responsive letter for filing, as applicable. This letter

should be filed as an exhibit to the Company’s public disclosure to the extent required.

Nothing in this letter should be construed as a waiver of any rights,

claims, protections, indemnification, advancement, exculpation, insurance coverage, books-and-records rights, or other rights I may have

as a current or former director under applicable law, the Company’s governing documents, any indemnification agreement, the Company’s

D&O insurance policies, or otherwise. I expressly reserve all such rights.

Please also preserve all records relating to my requests for Board

and committee minutes, the Company’s responses to those requests, and the Board and committee meetings and actions referenced in

those requests.

Sincerely,

/s/ Miles Everson

Miles Everson

Director

Fermi Inc.

cc: George Wentz, General Counsel

Melissa A Neugebauer 2020 Trust

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