other material
confidence high
sentiment positive
materiality 0.70
FG Nexus updates buyback: 7M shares repurchased at $3.17 avg; NAV $3.53 per share
FG Nexus Inc.
- Repurchased ~7.0M common shares from Oct 23 to Dec 17, 2025 at avg price $3.17 per share.
- As of Dec 17, holds 40,088 ETH, $25.2M cash/USDC; total debt $11.9M.
- Outstanding shares 36.5M (incl. 0.5M pre-funded warrants); NAV per share ~$3.53.
- CEO states over 16% of outstanding shares bought back at discount to NAV; plan to continue.