---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-020768"
form_type: "8-K"
ticker: "FGNX"
cik: "0001591890"
company_name: "FG Nexus Inc."
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:37:50.045379+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FG Nexus enters $10M digital currency loan at 7.9% secured by Staked ETH

## Summary
- Entered master digital currency loan agreement and drew $10M evergreen loan at 7.9% annual borrow fee.
- Collateral is Staked ETH with 170% initial level; margin call if collateral falls to 140%.
- Loan is recallable by lender with 30 days notice; no fixed maturity date (evergreen).
- Account control agreement executed with custodian over ETH holdings to secure lender's interest.
- Counterparty (lender) name is redacted; loan proceeds use not specified.

## SEC filing metadata
- accession: 0001493152-25-020768
- form_type: 8-K
- ticker: FGNX
- cik: 0001591890
- company_name: FG Nexus Inc.
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591890/000149315225020768/0001493152-25-020768-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591890/000149315225020768/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-020768
- JSON: https://secwatch.observer/filing/0001493152-25-020768.json
- Plain text: https://secwatch.observer/filing/0001493152-25-020768.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.