Fermi Founders Take Actions Ahead Of October 30 Annual Meeting, Including Request That The Board Retain An Independent Investment Bank To Review Full Range Of Extraordinary Transactions Available To The Company
Toby Neugebauer says the Board must act quickly to restore stakeholder confidence.Shares down roughly 20% since Board announced they had met all 90-day objectives on August 13, 35% since the Board removed the choice of
Fermi's founders want the board to hire a bank to look at big changes the company could make. This shows some people think the board needs to do more to help the stock price go back up.
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