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FG Nexus Announces Preferred Share Repurchase Program
Globenewswire· 2025-12-09 14:15
Core Points - FG Nexus Inc. has announced a preferred share repurchase program to acquire up to 894,580 shares of its outstanding preferred shares, which is open-ended and allows for repurchases in the open market and negotiated transactions [1] - The program aims to optimize the company's capital structure and return value to shareholders when market conditions are favorable [2] - The timing and amount of repurchases will depend on various factors, including market conditions and the company's financial performance, with no obligation to repurchase a specific number of shares [3] Company Overview - FG Nexus is focused on building a digital asset treasury and a platform for the tokenization of real-world assets, planning to enhance yield on its treasury by staking ETH and implementing additional yield strategies [4]
FG Nexus Further Enhances Governance and Appoints Scott D. Wollney as Lead Independent Director
Globenewswire· 2025-12-08 21:30
Core Viewpoint - FG Nexus Inc. has appointed Scott D. Wollney as Lead Independent Director, leveraging his extensive experience in financial services to enhance the company's strategic direction in digital asset treasury management [1][3]. Group 1: Leadership Appointment - Scott D. Wollney has been a director at FG Nexus for the past 10 years and currently chairs the Audit Committee [1]. - Wollney brings over 30 years of experience in the financial services industry and is the President and CEO of Atlas Financial Holdings, Inc. [2]. - His educational background includes an MBA from Northwestern University's Kellogg School of Management and a Bachelor of Arts from the University of Illinois [2]. Group 2: Company Strategy - FG Nexus is focused on building a digital asset treasury and a platform for tokenizing real-world assets [3]. - The company plans to enhance the yield on its treasury by staking ETH and implementing additional yield strategies [3]. - FG Nexus aims to position itself as a strategic gateway into digital-asset-powered finance, including tokenized real-world assets and stablecoin-based yield solutions [3].