{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-028609","form_type":"8-K","ticker":"FGNX","cik":"0001591890","company_name":"FG Nexus Inc.","filed_at":"2025-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.855668+00:00","generated_at":"2026-05-16T12:34:32.824655+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"FG Nexus updates buyback: 7M shares repurchased at $3.17 avg; NAV $3.53 per share","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-028609","json":"https://secwatch.observer/filing/0001493152-25-028609.json","markdown":"https://secwatch.observer/filing/0001493152-25-028609.md","text":"https://secwatch.observer/filing/0001493152-25-028609.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1591890/000149315225028609/0001493152-25-028609-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1591890/000149315225028609/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:34:32.824655+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}