Fermi founder Neugebauer urges vote to ease bylaw change threshold, lift REIT ownership cap to 9.8%

Reuters2026/09/11 12:57

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Fermi’s founder shareholder group filed a proposal to restore pre-IPO voting standards, replacing a 70% bylaw supermajority adopted since April.
It also urged a vote to raise the company’s REIT ownership limit to 9.8% from 2.5%, lifting a cap on institutional stakes.
The group reported it holds about 22% of shares outstanding.

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Fermi founder Neugebauer urges vote to ease bylaw change threshold, lift REIT ownership cap to 9.8%

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