---
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"
generated_at: "2026-05-16T12:34:32.824655+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FG Nexus updates buyback: 7M shares repurchased at $3.17 avg; NAV $3.53 per share

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-028609
- JSON: https://secwatch.observer/filing/0001493152-25-028609.json
- Plain text: https://secwatch.observer/filing/0001493152-25-028609.txt

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