---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-003101"
form_type: "8-K"
ticker: "FGNX"
cik: "0001591890"
company_name: "FG Nexus Inc."
filed_at: "2026-01-21T23:59:59+00:00"
generated_at: "2026-05-16T09:18:07.477553+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# FG Nexus updates buyback status: repurchased 9.9M common shares at avg $3.24; holds 37,594 ETH

## Summary
- Repurchased ~9.9M common shares at avg $3.24/share and ~53K preferred shares at avg $24.16/share through Jan 20, 2026.
- Total debt $1.9M; outstanding common shares 33.6M; preferred shares 0.8M; NAV per share ~$3.58 as of Jan 20, 2026.
- Held 37,594 ETH as of Jan 20, 2026.
- CEO states over 23% of outstanding common shares repurchased at substantial discount to NAV; committed to executing buybacks.

## SEC filing metadata
- accession: 0001493152-26-003101
- form_type: 8-K
- ticker: FGNX
- cik: 0001591890
- company_name: FG Nexus Inc.
- filed_at: 2026-01-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591890/000149315226003101/0001493152-26-003101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591890/000149315226003101/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-003101
- JSON: https://secwatch.observer/filing/0001493152-26-003101.json
- Plain text: https://secwatch.observer/filing/0001493152-26-003101.txt

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