{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-027949","form_type":"8-K","ticker":"FGNX","cik":"0001591890","company_name":"FG Nexus Inc.","filed_at":"2026-06-09T20:50:26+00:00","discovered_at":"2026-06-09T20:51:02.346232+00:00","generated_at":"2026-06-09T20:51:17.929985+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"FG Nexus reduces two digital asset execs base salaries from $150k to $30k","bullets":["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)."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-027949","json":"https://secwatch.observer/filing/0001493152-26-027949.json","markdown":"https://secwatch.observer/filing/0001493152-26-027949.md","text":"https://secwatch.observer/filing/0001493152-26-027949.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1591890/000149315226027949/0001493152-26-027949-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1591890/000149315226027949/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T20:51:17.929985+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"}