FG Nexus Q3 update: digital asset strategy, $200M buyback, 50,778 ETH held

FG Nexus Inc.

Launched digital asset treasury & RWA tokenization; completed $200M capital raise; partnered with Securitize.
Streamlined operations: distributed legacy assets to CVR Trust; plans to sell remaining reinsurance and Quebec real estate.
Announces $200M common share buyback program; repurchased 3.4M shares at avg $3.45/share as of Nov 19.
Balance sheet Sep 30: 50,778 ETH, $7.5M cash, $1.9M debt, equity $231M, book value $5.80/share.
Borrowed $10M, sold 10,922 ETH for buybacks; as of Nov 19: 40,005 ETH, $37M cash/USDC, $11.9M debt, NAV $3.94/share.

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