Charlotte, NC, Jan. 21, 2026 (GLOBE NEWSWIRE) -- FG Nexus Inc. (Nasdaq: FGNX, FGNXP) (the “Company”), today announced the current status of its common and preferred share buyback programs and ETH holdings. Under the previously announced share purchase programs, through January 20, 2026, the Company has repurchased approximately 9.9 million shares of its common stock (FGNX) at an average price of approximately $3.24 per share, and approximately 53 thousand shares of its preferred stock (FGNXP) at an average ...

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]

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]

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].

Core Insights - FG Nexus has implemented a $200 million common share buyback program to enhance shareholder value and increase net asset value (NAV) [2][4][6] - As of September 30, 2025, the company holds 50,778 ETH, $7.5 million in cash, and has total debt of $1.9 million, with total shareholders' equity at $231 million [3] - The company has repurchased 3.4 million common shares at an average price of approximately $3.45 per share since the buyback program commenced [4][6] Financial Metrics - Total ETH Holdings: 50,778 ETH as of September 30, 2025 [3] - Cash and Cash Equivalents: $7.5 million [3] - Total Debt: $1.9 million [3] - Total Shareholders' Equity: $231 million [3] - Book Value per Common Share: $5.80 [3] - As of November 19, 2025, the company holds 40,005 ETH and cash and USDC holdings of approximately $37 million, with total debt outstanding at $11.9 million [5] Share Buyback Program - The company commenced its share buyback program on October 23, 2025, borrowing approximately $10 million and selling 10,922 ETH to fund the repurchases [4] - The buyback has resulted in the repurchase of 8% of shares outstanding at a substantial discount to NAV [6] Strategic Focus - FG Nexus is focused on building a digital asset treasury and a platform for the tokenization of real-world assets [7] - The company plans to stake its ETH and implement additional yield strategies to enhance the yield on its treasury [7]

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]

Company Overview - FG Nexus is focused on becoming the largest corporate holder of ETH globally by a significant margin [3] - The company operates on the Ethereum Standard and aims to enhance its ETH yield through staking and other yield strategies [3] Conference Participation - Management will present FG Nexus' ETH treasury strategy and its outlook on Ethereum's long-term impact on global financial markets at the Cantor Crypto & AI/Energy Infrastructure Conference from November 10-12, 2025 [2] - One-on-one meetings with investors will be available during the conference [2] Strategic Initiatives - FG Nexus intends to serve as a strategic gateway into Ethereum-powered finance, including tokenized real-world assets (RWAs) and stablecoin yield [3]

Core Points - FG Nexus has announced its common stock is now listed on the Deutsche Börse in Germany under the ticker symbol "LU51," enhancing its global accessibility and capital access for European investors [1][2][3] - The listing is a significant milestone in FG Nexus's international expansion strategy, providing European investors the opportunity to engage with the company's Ethereum treasury strategy and long-term growth initiatives [2][3] - The CEO of FG Nexus emphasized that this listing marks an important step in their global expansion and reflects the international appeal of their Ethereum-focused strategy, aiming to build relationships with the European investment community [3] Company Overview - FG Nexus Inc. is focused on becoming the largest corporate holder of Ethereum (ETH) globally, with plans to enhance ETH yield through staking and other yield strategies [4] - The company aims to serve as a strategic gateway into Ethereum-powered finance, including tokenized real-world assets (RWAs) and stablecoin yield [4]

Company Overview - FG Nexus has announced that its common stock is now available for options trading on NYSE Arca Options and NYSE American Options, enhancing trading opportunities for investors [1][2] - The options trade under the ticker "FGNX" and feature standard expiration dates and strike prices, which is expected to improve share liquidity and provide greater flexibility for risk management [2] Strategic Initiatives - The company aims to become the largest corporate holder of Ethereum (ETH) globally, focusing on enhancing its ETH yield through staking and other yield strategies [3] - FG Nexus is executing an Ethereum treasury strategy, reflecting growth in investor interest and confidence in its long-term strategic outlook [2][3] Leadership Perspective - CEO Kyle Cerminara emphasized that the availability of options trading marks a significant advancement in the company's evolution and is part of its efforts to drive long-term shareholder value [3]

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].