Caddis Capital Fully Backs Fermi’s Board, Management, and Long-Term Strategic Plan
Caddis Capital, LLC (“Caddis Capital,” the “firm,” “our,” or “we”) is the second-largest shareholder in Fermi Inc. (“Fermi” or the “Company”) (
NASDAQ: FRMI) (LSE: FRMI), owning approximately 9.3% of the Company’s outstanding common shares. Caddis Capital today issued the following statement reaffirming the firm’s support for Fermi’s Board of Directors (the “Board”), the Company’s management team, and its long-term strategic plan. Caddis Capital also underscored its opposition to the proposals recently advanced by the Company’s disgruntled former CEO, who was fired for cause.
