Data center builder Fermi files for US IPO as new listings accelerate


The Nasdaq Market site is seen outside the Nasdaq Market site in New York City, U.S., March 26, 2024. REUTERS/Brendan McDermid

(Reuters) - Fermi, a Texas company co-founded by former U.S. Energy Secretary Rick Perry, on Monday filed for an initial public offering in the United States, as companies rush to tap investor enthusiasm for new issues.

The terms of the offering were not disclosed.

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