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FG Nexus Inc. Declares Cash Dividend on Its 8.00% Cumulative Preferred Stock, Series A
Globenewswire· 2025-11-17 12:30
Core Points - FG Nexus Inc. has declared a quarterly cash dividend of $0.50 per share on its 8.00% Cumulative Preferred Stock for the period from September 15, 2025, to December 14, 2025, payable on December 15, 2025 [1][2] - The Preferred Stock is listed on the Nasdaq Stock Market under the ticker symbol "FGNXP" [2] - 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 [3] Company Overview - FG Nexus is focused on Ethereum and intends to serve as a strategic gateway into Ethereum-powered finance, including tokenized real-world assets (RWAs) and stablecoin yield [3]
FG Nexus to Present at the 2025 ThinkEquity Conference
Globenewswire· 2025-10-28 11:30
Core Viewpoint - FG Nexus is positioning itself as a significant player in the Ethereum market, aiming to become the largest corporate holder of ETH globally and focusing on yield strategies related to Ethereum [3]. Group 1: Company Overview - FG Nexus Inc. is listed on Nasdaq under the symbols FGNX and FGNXP [3]. - The company is focused on enhancing its ETH yield through staking and other yield strategies, while also acting as a gateway into Ethereum-powered finance [3]. Group 2: Upcoming Events - Management will present at the ThinkEquity Conference on October 30, 2025, discussing the ETH treasury strategy and the long-term impact of Ethereum on global financial markets [2]. - One-on-one meetings will be available for investors during the conference [2].
FG Nexus to Ring the Nasdaq Closing Bell
Globenewswire· 2025-10-10 11:30
Core Insights - FG Nexus will ring the Nasdaq closing bell on October 13, 2025, marking a significant milestone in its mission to become the largest corporate holder of ETH globally [1][2] - The company emphasizes its commitment to pioneering Ethereum-powered finance and enhancing shareholder value [2][4] Company Overview - FG Nexus Inc. is focused on becoming the largest corporate holder of ETH by an order of magnitude and plans to implement yield strategies, including staking and tokenized real-world assets [4] - The company aims to serve as a strategic gateway into Ethereum-powered finance, which includes stablecoin yield [4] Event Details - The Nasdaq Closing Bell ceremony will be broadcast live starting at 3:45 PM ET on October 13, 2025 [3]
FG Nexus Announces Acceptance of Historic 1 Trillion Share Authorization by the State of Nevada
Globenewswire· 2025-10-08 11:30
Core Points - FG Nexus has received approval for its amended articles of incorporation, which increases its authorized shares to 1 trillion, comprising 900 billion common shares and 100 billion preferred shares [2][3] - The amendment aims to provide the company with flexibility to enhance its ETH per share and deliver long-term shareholder value, as stated by the CEO Kyle Cerminara [3] - FG Nexus is focused on becoming the largest corporate holder of ETH globally and plans to implement yield strategies, including staking and tokenized real-world assets [4] Company Overview - FG Nexus Inc. operates on the Ethereum Standard and is dedicated to maximizing its ETH holdings [4] - The company aims to serve as a strategic gateway into Ethereum-powered finance, which includes stablecoin yield and other financial innovations [4]
FG NEXUS ACCELERATES TOTAL ETH HOLDINGS TO 49,715
Globenewswire· 2025-09-19 11:30
Company Overview - FG Nexus aims to become the largest corporate holder of ETH globally, focusing on Ethereum as a premier programmable asset for institutional reserves [3][4] - The company has increased its ETH holdings to 49,715 ETH, valued at approximately $229 million based on an average price of $4,598 per ETH [2] Strategic Initiatives - The company plans to enhance its ETH yield through staking and restaking, positioning itself as a strategic gateway into Ethereum-powered finance, including tokenized real-world assets (RWAs) and stablecoin yield [4] - CEO Maja Vujinovic emphasized the strategy to dominate as a corporate stakeholder in the Ethereum network [3] Recent Developments - FG Nexus recently purchased 1,087 ETH, contributing to its increased holdings [1]
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]
FUNDAMENTAL GLOBAL INC. ACCELERATES TOTAL ETH HOLDINGS TO 48,545
Globenewswire· 2025-08-25 11:30
Core Insights - Fundamental Global Inc has significantly increased its Ethereum (ETH) holdings to 48,545 ETH, valued at approximately $230 million based on the current market price [2][3] - The company aims to become the largest corporate holder of ETH globally, with a strategic plan to rapidly scale its holdings and target a 10% stake in the Ethereum network [3][5] - The average purchase price of the company's ETH is approximately $3,850, reflecting a recent acquisition of 1,111 ETH at an average price of $4,341 [1][3] Company Strategy - The company is focused on enhancing its ETH yield through staking and restaking, positioning itself as a strategic gateway into Ethereum-powered finance, including tokenized real-world assets (RWAs) and stablecoin yield [5] - CEO Maja Vujinovic emphasized Ethereum's status as the world's most productive reserve asset and the company's ambition to scale its holdings [4] Financial Position - As of August 25, 2025, the company's total ETH holdings represent a significant asset base, with the current market price of ETH at $4,737 [3] - The company's strategic investments in ETH are part of a broader initiative to leverage the growing cryptocurrency market and its associated financial opportunities [5]
FUNDAMENTAL GLOBAL INC. ANNOUNCES 47,331 ETH PURCHASE
Globenewswire· 2025-08-11 12:30
Core Insights - Fundamental Global Inc (FG Nexus) aims to become one of the largest holders of Ethereum (ETH) globally, targeting a 10% stake in the Ethereum network [2][5][7] - As of August 10, 2025, the company holds 47,331 ETH, with an acquisition price of $4,228.40 per ETH [3][4] - The company has utilized the net proceeds from a $200 million private placement to purchase ETH, focusing on enhancing ETH yield as a core value creation metric for shareholders [4][5] Company Strategy - FG Nexus has initiated an ETH accumulation strategy, starting with a symbolic purchase of 6,400 ETH, marking a significant milestone in its investment journey [3][4] - The company plans to stake and restake its ETH holdings to generate ETH yield and engage in Ethereum-powered finance, including tokenized real-world assets (RWAs) and stablecoin yield [5][7] - The leadership emphasizes the importance of ETH as a treasury reserve asset and aims to drive global adoption [5][6] Market Position - FG Nexus is positioned as a significant player in the Ethereum network, with a strategic commitment to digital assets as essential components of investment portfolios [6][7] - The partnership with Anchorage Digital aims to provide secure custody and seamless trading, reinforcing the company's long-term investment strategy in ETH [6]