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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
Amended and Restated Articles of Incorporation Declared Effective Charlotte, NC, Oct. 08, 2025 (GLOBE NEWSWIRE) -- FG Nexus (Nasdaq: FGNX, FGNXP) (the "Company" or "FG Nexus"), today announced that its Certificate of Amendment to its amended and restated articles of incorporation has been declared effective by the Nevada Secretary of State on October 7, 2025. The amended articles of incorporation increase FG Nexus’ authorized shares to 1 trillion shares of capital stock, consisting of 900 billion shares of ...
FG NEXUS REACHES 50,000 ETH HOLDING MILESTONE
Globenewswire· 2025-09-23 11:30
Charlotte, NC, Sept. 23, 2025 (GLOBE NEWSWIRE) -- FG Nexus (Nasdaq: FGNX, FGNXP) (the “Company”), today announced that its ETH position reached the 50,000 milestone on Monday, September 22, 2025. The Company implemented its ETH Treasury strategy in August and has continued to add to its position over the past month as part of Company’s strategic plan to become the largest ETH holder in the Ethereum network. The Company’s 50,000 ETH position represents approximately $210 million in aggregate value (assuming ...
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]
FG Nexus Announces Shareholder Approval of Historic 1 Trillion Share Authorization
Prnewswire· 2025-09-16 12:00
Core Viewpoint - FG Nexus has received shareholder approval to increase its authorized shares to 1 trillion, which includes 900 billion common shares and 100 billion preferred shares, marking one of the largest share authorizations for a U.S. publicly traded company [1][2]. Group 1: Share Authorization and Strategy - The increase in authorized shares is expected to provide FG Nexus with maximum flexibility to execute its strategy of becoming the largest corporate holder of Ethereum (ETH) globally [2][3]. - The company aims to systematically acquire ETH to enhance ETH per share value for its shareholders, positioning itself as a dominant institutional holder of Ethereum [2][3]. Group 2: Shareholder Confidence and Long-term Goals - The historic authorization reflects shareholders' confidence in FG Nexus's Ethereum-focused strategy, which is seen as essential for maximizing long-term shareholder value [3]. - FG Nexus is committed to building long-term ETH per share growth and believes that Ethereum will be the backbone of the future financial system [3]. Group 3: Capital Structure and Market Adaptability - The new share authorization allows FG Nexus to adapt to future market opportunities and growth initiatives, supporting its focus on increasing Ethereum holdings [2][3]. - The company plans to enhance its ETH yield through staking and restaking, positioning itself as a strategic gateway into Ethereum-powered finance [3].
Fundamental Global Inc. Amends its Charter with the State of Nevada
Globenewswire· 2025-09-05 20:05
Certificate of Amendment Changes Name to FG Nexus Inc.,Increases Authorized Shares, Triggers Conversion of Automatic Exercise Pre-Funded Warrants to Common Stock and Expands Outstanding Share Count to Over 35 million Charlotte, NC, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Fundamental Global Inc. (Nasdaq: FGNX, FGNXP) (the "Company" or "FG Nexus"), announced that its Certificate of Amendment to its amended and restated articles of incorporation has been declared effective by the Nevada Secretary of State today. Pu ...
FUNDAMENTAL GLOBAL INC. ACCELERATES TOTAL ETH HOLDINGS TO 48,545
Globenewswire· 2025-08-25 11:30
Recent Purchases include 1,111 ETH at an Average Price of $4,341 Charlotte, NC, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Fundamental Global Inc (Nasdaq: FGNX, FGNXP) (the “Company” or “FG Nexus”), today announced its current ETH position increased to 48,545 ETH as of August 25, 2025, following a series of additional purchases and reflecting the positive impact of the Company’s initial staking rewards. The Company’s total ETH holdings are 48,545 representing approximately $230 million in an aggregate value (assumin ...
FUNDAMENTAL GLOBAL INC. STRENGTHENS BOARD OF DIRECTORS WITH APPOINTMENT OF BLOCKCHAIN PIONEER MAJA VUJINOVIC AND SUCESSFUL SERIAL ENTERPRENEUR & VENTURE CAPITALIST JOSE VARGAS
Globenewswire· 2025-08-14 11:30
Core Insights - Fundamental Global Inc. has appointed Maja Vujinovic and Jose Vargas to its Board of Directors to enhance its Ethereum treasury strategy and public market expertise [1][2] - The company aims to become the largest corporate holder of ETH globally, focusing on staking and restaking to enhance ETH yield [5] Leadership Appointments - Maja Vujinovic brings extensive experience in digital assets and blockchain, having previously served as CIO of Emerging Technologies at GE and acquired the first bank for Tether [3] - Jose Vargas has a strong entrepreneurial background with successful exits in various companies and expertise in digital asset treasury strategies [4] Strategic Goals - The company is focused on capitalizing on Ethereum's role in digital finance, particularly as a settlement layer for stablecoins, DeFi protocols, and tokenized assets [2] - The governance structure is designed to support the execution of the company's Ethereum acquisition strategy [2]
FUNDAMENTAL GLOBAL INC. ANNOUNCES TICKER SYMBOL CHANGES EFFECTIVE AUGUST 11, 2025
Globenewswire· 2025-08-11 12:12
Company Overview - Fundamental Global Inc. is rebranding to FG Nexus and changing its ticker symbols to NASDAQ: FGNX for Common Stock and NASDAQ: FGNXP for Series A Preferred Shares, effective August 11, 2025 [1][2] - The company aims to become the largest corporate holder of Ethereum (ETH) globally, focusing on Ethereum-powered finance and enhancing ETH yield through staking [2][4] Financial Developments - The ticker change is part of a broader transformation following a recent $200 million private placement and a $5 billion shelf registration filing, establishing a significant capital framework in the ETH digital asset treasury sector [3][4] - The company is singularly focused on ETH, indicating a strategic pivot towards maximizing its holdings and financial operations within the Ethereum ecosystem [4]