Negative
●
Proactive Investors
●
4 months ago
Fermi Inc (NASDAQ:FRMI, LSE:FRMI) announced a plan to raise $350 million through a private offering of convertible senior notes, with proceeds earmarked partly for capped call transactions designed to limit potential dilution to shareholders. The company, which operates as Fermi America and is listed on Nasdaq and the London Stock Exchange, said the notes will mature on July 15, 2031, unless co...