# EDGAR Filing Document

**Accession Number:** 0002071778
**File Stem:** 0000000000-25-008716
**Filing Date:** 2025-8
**Character Count:** 4048
**Document Hash:** e878fb126f5cbcae65499c3afe862ff0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-25-008716.hdr.sgml**: 20260304

**ACCESSION NUMBER**: 0000000000-25-008716

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250818

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fermi Inc.
- **CENTRAL INDEX KEY:** 0002071778
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 333560468
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD
- **SEC FILE NUMBER:** 377-08175

**BUSINESS ADDRESS:**
- **STREET 1:** 620 S. TAYLOR
- **STREET 2:** SUITE 301
- **CITY:** AMARILLO
- **STATE:** TX
- **ZIP:** 79101
- **BUSINESS PHONE:** 512-552-0219

**MAIL ADDRESS:**
- **STREET 1:** 620 S. TAYLOR
- **STREET 2:** SUITE 301
- **CITY:** AMARILLO
- **STATE:** TX
- **ZIP:** 79101

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Fermi LLC
- **DATE OF NAME CHANGE:** 20250605
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001641172-25-017704

## Text-Extract

```

                                                            August 18, 2025

Toby R. Neugebauer
Chief Executive Officer
Fermi LLC
3401 Armstrong Ave.
Dallas, TX 75205

       Re: Fermi LLC
           Amended Draft Registration Statement on Form S-11
           Submitted August 6, 2025
           CIK No. 0002071778
Dear Toby R. Neugebauer:

     We have reviewed your amended draft registration statement and have the
following
comments.

        Please respond to this letter by providing the requested information
and either
submitting an amended draft registration statement or publicly filing your
registration
statement and non-public draft submission(s) on EDGAR. If you do not believe a
comment
applies to your facts and circumstances or do not believe an amendment is
appropriate, please
tell us why in your response.

        After reviewing the information you provide in response to this letter
and your
amended draft registration statement or filed registration statement, we may
have additional
comments. Unless we note otherwise, any references to prior comments are to
comments in
our July 28, 2025 letter.

Amended Draft Registration Statement on Form S-1
Use of Proceeds, page 63

1.     Please address the second part of prior comment 6. If any material
amounts of other
       funds are necessary to accomplish the specified purposes for which the
proceeds are
       to be obtained, state the amounts of such other funds needed for each
such specified
       purpose and the sources thereof. In this regard, we note disclosure on
page 76 stating
       that you plan to fund near-term development activity through a
combination of funds
       from the offering and other sources.
 August 18, 2025
Page 2

Nuclear Safety Regulation and Approvals, page 99

2.     We note your revised reference in this section to certain disclosure as
described in the
       regulatory section. Please clarify what regulatory section you are
referencing here,
       whether certain risk factors or otherwise.
Executive Compensation
Restricted Equity Unit Grants, page 111

3.     We note your additional disclosure regarding the Restricted Equity Unit
Grants.
       Please describe clearly the terms of these grants including the related
settlement and
       remittance terms.
        Please contact Ameen Hamady at 202-551-3891 or Shannon Menjivar at
202-551-
3856 if you have questions regarding comments on the financial statements and
related
matters. Please contact Ruairi Regan at 202-551-3269 or Pamela Long at
202-551-3765 with
any other questions.

                                                            Sincerely,

                                                            Division of
Corporation Finance
                                                            Office of Real
Estate & Construction
cc:   Matthew L.Fry, Esq.

```

### Attached PDF Documents

**Attachment 1:** `filename1`

_No text found in this document._