secwatch.observer — SEC 8-K summary
======================================

Issuer:     FG Nexus Inc. (FGNX)
CIK:        0001591890
Form:       8-K
Filed at:   2026-02-13T23:59:59+00:00
Accession:  0001493152-26-006729
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FG Nexus effects 1-for-5 reverse stock split, reduces authorized common shares to 180M
--------------------------------------------------------------------------------

- 1-for-5 reverse stock split effective 9:30 a.m. ET on Feb 13, 2026; common stock begins trading split-adjusted under FGNX.
- Authorized common shares reduced from 900M to 180M; outstanding shares expected to shrink from ~32.8M to ~6.55M.
- No fractional shares issued; cash paid in lieu; proportionate adjustments made to options/warrants.
- Par value of common stock unchanged; no effect on preferred stock (FGNXP) authorized shares or par value.
- Stockholders holding shares in brokerage accounts need no action; paper certificate holders may exchange with transfer agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1591890/000149315226006729/0001493152-26-006729-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1591890/000149315226006729/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-006729

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer