secwatch.observer — SEC 8-K summary
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Issuer:     FG Nexus Inc. (FGNX)
CIK:        0001591890
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001493152-23-040492
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FG Financial Q3 net income $5.2M ($0.50 EPS); reinsurance premiums $4.2M
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- Net income attributable to common: $5.2M ($0.50 diluted EPS) vs $9.8M ($1.05) in Q3 2022.
- Net reinsurance premiums earned: $4.2M for Q3 2023 vs $4.4M in Q3 2022.
- Net investment income $7.0M, driven by gains from FG Merger Corp. business combination with iCoreConnect.
- Total shareholders' equity $42.7M at Sep 30, 2023, up from $37.3M at Dec 31, 2022.
- Paid 22nd consecutive quarterly dividend on Series A Preferred: $0.50 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1591890/000149315223040492/0001493152-23-040492-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1591890/000149315223040492/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-040492

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