Fermi rejects former CEO Neugebauer's attempt to call special shareholder meetings and urges shareholders to oppose him.

Fermi Inc. has dismissed former CEO Toby Neugebauer's efforts to call special shareholder meetings as invalid and self-serving, urging shareholders not to support his proposals. Neugebauer, removed for cause after poor stock performance and policy violations, sought to expand the board with his nominees and push for a quick sale of the company. Fermi emphasizes its strategic plan under new leadership, supported by investors, to build on Project Matador and rejects an immediate sale as premature. Shareholders are encouraged to back the current board and management for Fermi's future success.