Fundamental Global sells FG RE Corporate Member for $0.3M, expects $2.1M impairment

FG Nexus Inc.

Sale of entire share capital of FG RE Corporate Member Ltd by subsidiary FG Reinsurance Holdings.
Total consideration $5.6M: $0.3M for corporate member + $5.3M Lloyd's funds held commuted.
Company expects non-cash impairment of ~$2.1M on deferred acquisition cost intangible assets.
Intends to commute three Lloyd's treaties: UHA25122, B1868HT2300259, B1868HT2400259.
Closing subject to customary approvals and consents.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.