Core Viewpoint - FG Nexus has signed a non-binding letter of intent to sell its Quebec property for $10 million, which is expected to generate approximately $8 million in net pretax proceeds after mortgage repayment [1][3]. Group 1: Transaction Details - The sale is part of FG Nexus's strategy to focus on becoming the dominant corporate stakeholder of ETH and will provide additional cash resources for share repurchase [2]. - The transaction is anticipated to close in the first quarter of 2026, subject to definitive agreements and customary closing conditions [3]. Group 2: Company Strategy - FG Nexus aims to become the largest corporate holder of ETH globally and plans to enhance its ETH yield through staking and other yield strategies [4].

Core Viewpoint - FG Nexus announced the approval of a distribution payment of $10 per contingent value right (CVR) to be initiated on September 17, 2025, marking the first cash distribution from the CVR Trust [2][3]. Group 1: Distribution Details - The initial cash distribution from the CVR Trust is the first of potential additional distributions expected over time [3]. - Future distributions may be made in cash or in-kind securities as the CVR Trust works to monetize and distribute proceeds from its asset liquidation [4]. Group 2: CVR Trust Management - The CVR Trust was established by FG Nexus on August 8, 2025, and is managed by a committee that includes D. Kyle Cerminara and Larry G. Swets, focusing on asset liquidation and monetization over the next three years [6]. - The CVR Trust holds various assets, including cash, the net assets of Strong Technical Services, and equity interests in multiple companies [4]. Group 3: CVR Holder Information - Beneficial holders of CVRs will receive distribution payments directly through their bank or broker, while registered holders will receive payments via US mail [5]. - The CVRs are not transferable, will not be certificated, and will not be listed for trading on any exchange [6].