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

Market News
05 May 2026
PRNewsWire
View Source
Bearish
pluang ai news

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.

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Over 180 companies develop 200+ PD-1/PD-L1 inhibitors, reshaping cancer treatment landscape.

Over 180 companies develop 200+ PD-1/PD-L1 inhibitors, reshaping cancer treatment landscape.

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Eversource named to TIME's America's Best Companies for 2026 for employee and sustainability excellence

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Head and neck squamous cell carcinoma market to grow at 10.5% CAGR by 2036 driven by new immunotherapies

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Poolside launches Laguna S 2.1, a powerful 118B-parameter AI model for coding, running on a single desktop.

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Law firm probes Omeros over stock drop after EMA rejects drug approval

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