Fermi America Makes History With Dual Listing on LSE & Nasdaq
Fermi America, a trailblazing energy company, has made history with the successful execution of its dual listing on the London Stock Exchange and Nasdaq. This significant milestone not only marks a major achievement for the company but also sends ripples of excitement through the wider market.
Founded in January 2025 by former US Energy Secretary Rick Perry and CEO Toby Neugebauer, Fermi America is poised to revolutionize AI infrastructure. The company's ambitious Project Matador in Amarillo, Texas, spans a vast 5,236 acres and is designed to deliver a staggering 11 gigawatts of low-carbon power, positioning it as one of the largest nuclear power complexes in the USA.
The dual listing, led by Haynes Boone's teams in London and Dallas, was a resounding success. It was the first simultaneous listing of this century and one of the biggest in LSE history. When Fermi's shares began trading on Nasdaq, they opened 19% above the offer price at $25. The offering included a substantial $682.5 million equity fundraising, culminating in a total of $13.8 billion raised.
The successful dual listing of Fermi America is a testament to the company's vision and potential. With Project Matador set to become a major player in the USA's nuclear power landscape, Fermi America is well on its way to transforming AI infrastructure and leaving its mark on the global energy market.
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