FG Nexus (FGNX) charter amendment effective; name change, authorized shares up 250x, warrants convert

FG Nexus Inc.

Charter amendment effective Sep 5, 2025: name changed to FG Nexus Inc., authorized common shares increased from 4M to 1B.
Authorized preferred shares increased from 100M to 500M; Series A preferred from 1M to 15M.
Automatic exercise pre-funded warrants for 34M shares converted to common stock immediately.
Outstanding common shares increased from ~1.3M to ~35.4M.
CEO Kyle Cerminara states goal to become largest corporate holder of ETH in the world.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

FG Nexus Inc.: Amended articles to increase authorized common stock from 4M to 1B, preferred stock from 100M to 500M, Series A preferred from 1M to 15M, and change company name to FG Nexus Inc (effective 2025-09-05).

Change: charter amendment
Effective: 2025-09-05

Exact text from the filing

the Company filed a certificate of amendment to its amended and restated articles of incorporation with the Nevada Secretary of State on September 5, 2025 to (i) increase the total number of authorized shares of Common Stock from 4,000,000 to 1,000,000,000, (ii) increase the total the number of authorized shares of preferred stock, par value $.001 per share (the "Undesignated Preferred Stock") from 100,000,000 to 500,000,000, (iii) increase the total the number of authorized shares of 8% cumulative preferred stock, Series A (the "Series A Preferred Stock") from 1,000,000 to 15,000,000 and (iv) change the name of the Company to "FG Nexus Inc." (the "Charter Amendment").

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13 governance changes filed in the last 30 days. Browse all governance changes →

FG Nexus Inc. filing history →

Source: SEC EDGAR

accession 0001641172-25-026794

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