FG Nexus reduces two digital asset execs base salaries from $150k to $30k

FG Nexus Inc.

Head of BD Jose Vargas and President Theodore Rosenthal base salary cut from $150k to $30k annually effective May 11, 2026 due to scaled-down digital asset ops.
Repurchased ~2.98M common shares (35% of outstanding) at avg $13.62/share and 264,465 Series A Preferred (30%) at avg $24.97/share.
As of June 5, 2026: 5.74M common shares, 630k Preferred outstanding; held $36.1M cash and $20.3M digital assets (3,375 ETH and 7,569 Wrapped stETH).

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