FG Nexus Provides Update on Common Share Buyback Program, ETH Holdings and NAV per Share

Core Insights - FG Nexus Inc. has repurchased approximately 7.0 million shares of its common stock at an average price of $3.17 per share from October 23, 2025, to December 17, 2025, representing over 16% of its outstanding shares at a substantial discount to net asset value [1][3] - As of December 17, 2025, the company holds 40,088 ETH and cash and USDC holdings of approximately $25.2 million, with total debt outstanding at $11.9 million and a net asset value per share of approximately $3.53 [2][3] - The company aims to enhance its treasury yield by staking its ETH and implementing additional yield strategies while positioning itself as a strategic gateway into digital-asset-powered finance [4] Stock Buyback Program - The stock buyback program has successfully repurchased 7.0 million shares, which is over 16% of the outstanding shares, at an average price of $3.17 per share [1][3] - The company plans to continue buying back shares below net asset value while maintaining a strong ETH and cash balance [3] Financial Position - As of December 17, 2025, FG Nexus holds 40,088 ETH and approximately $25.2 million in cash and USDC [2] - The total debt outstanding is reported at $11.9 million, with outstanding shares of common stock totaling 36.5 million [2] - The net asset value per share is approximately $3.53, indicating a potential opportunity for investors [2] Strategic Focus - FG Nexus is focused on building a digital asset treasury and a platform for the tokenization of real-world assets [4] - The company plans to stake its ETH and implement additional yield strategies to enhance treasury yield [4]