AMARILLO, Texas (KAMR/KCIT) — Fermi America has filed a registration statement with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of its common stock.

According to the press release, Fermi America, which is expected to be the world's largest private AI grid campus to power the demands of artificial intelligence, intends to list its common stock on the Nasdaq Global Select Market under the symbol "FRMI."

The press release states that the number of shares to be offered and the price range for those shares have yet to be determined. Officials state that UBS Investment Bank, Cantor, and Mizuho will act as joint lead book-running managers for the offering. Macquarie Capital, Stifel, and Truist Securities will act as additional book-running manage

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