Fundamental Global Inc. Amends its Charter with the State of Nevada
Globenewswire·2025-09-05 20:05

Core Points - The company has changed its name from Fundamental Global Inc. to FG Nexus Inc. and has increased its authorized shares significantly [5][2] - The conversion of automatic exercise pre-funded warrants has increased the company's common shares outstanding from 1.3 million to 35.4 million [2][3] - The company aims to become the largest corporate holder of ETH globally and will engage in staking and restaking to enhance its ETH yield [3][2] Company Changes - Total authorized shares of common stock will increase from 4 million to 1 billion [5] - Total authorized shares of preferred stock will increase from 100 million to 500 million [5] - Total authorized shares of Series A 8% cumulative preferred stock will increase from 1 million to 15 million [5] Strategic Focus - FG Nexus is focused on Ethereum-powered finance, including tokenized real-world assets (RWAs) and stablecoin yield [3][2] - The company positions itself as a strategic gateway into the Ethereum ecosystem [3]