Todd Major
Todd Major became the Company’s Chief Accounting Officer and Principal Accounting Officer.
Highest-materiality recent filing
FG Nexus declares $0.50 quarterly dividend on Series A Preferred Stock
Declared $0.50 per share cash dividend on 8.00% Cumulative Preferred Stock (Series A) for period March 15–June 14, 2026.
Special Committee comprised solely of independent directors to evaluate strategic alternatives to enhance stockholder value.
Potential related-party transaction with FG Communities to accelerate tokenization of real-world assets (RWA) strategy in affordable housing.
FG Nexus completes FG Reinsurance Division sale with $1M cash payment
Devondale tendered $1.0M cash to FGRH on March 23, 2026, completing the sale of FG Reinsurance Division.
FG Nexus amends by-laws to reduce stockholder quorum threshold to one-third voting power
Board adopted by-law amendment effective February 24, 2026.
FG Nexus declares $0.50/share quarterly preferred dividend payable March 16
Dividend of $0.50 per share on 8.00% Cumulative Preferred Stock, Series A (FGNXP).
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.
FG Nexus announces 1-for-5 reverse stock split effective Feb 13, 2026
Reverse split reduces outstanding common shares from 32.78M to ~6.56M; authorized shares cut from 900B to 180B.
FG Nexus named #1 SPAC sponsor by median returns in EarlyBirdCapital study
Ranked top-performing SPAC sponsor by median returns and second by average returns per EarlyBirdCapital study.
FG Nexus updates buyback status: repurchased 9.9M common shares at avg $3.24; holds 37,594 ETH
Repurchased ~9.9M common shares at avg $3.24/share and ~53K preferred shares at avg $24.16/share through Jan 20, 2026.
First closing occurred January 2, 2026; sold FG Re Ltd. and FG Solutions Ltd. to Devondale Holdings.
Annual meeting held Dec 30 after two adjournments for lack of quorum; 51.33% of shares represented.
FG Nexus updates buyback: 7M shares repurchased at $3.17 avg; NAV $3.53 per share
Repurchased ~7.0M common shares from Oct 23 to Dec 17, 2025 at avg price $3.17 per share.
FG Nexus adjourns annual meeting to Dec 30 after failing to achieve quorum on Dec 19
Annual meeting on Dec 19, 2025 not called to order due to lack of quorum.
FG Nexus annual meeting adjourned for lack of quorum; rescheduled to Dec 19
Annual meeting called for Dec 17, 2025 not held due to insufficient stockholder quorum.
FG Nexus replaces auditor Haskell & White with BPM LLP effective Dec 10, 2025
Haskell & White resigned as auditor on Dec 9, 2025; no adverse opinions or disagreements in FY2023 and FY2024 audits.
FG Nexus authorizes repurchase of up to 894,580 preferred shares
Board approved repurchase of up to 894,580 shares of outstanding preferred stock (FGNXP).
FG Nexus appoints Scott D. Wollney as Lead Independent Director, effective Dec 8, 2025
Scott D. Wollney, a director for 10 years, appointed Lead Independent Director.
FG Nexus Q3 update: digital asset strategy, $200M buyback, 50,778 ETH held
Launched digital asset treasury & RWA tokenization; completed $200M capital raise; partnered with Securitize.
FG Nexus enters $10M digital currency loan at 7.9% secured by Staked ETH
Entered master digital currency loan agreement and drew $10M evergreen loan at 7.9% annual borrow fee.
FG Nexus lists common stock on Deutsche Börse under ticker LU51
Common stock now tradable on Deutsche Börse in Germany as LU51, alongside Nasdaq listing (FGNX, FGNXP).
FG Nexus sells reinsurance division to Devondale for cash, note, and equity
Consideration: $1M cash, $1.25M promissory note (6% interest, due June 30, 2027), 40% equity in Devondale, and release of $3.3M collateral.
FG Nexus common stock available for options trading on NYSE Arca and NYSE American
Options trading commenced Oct 24, 2025 under ticker FGNX on NYSE Arca and NYSE American exchanges.
FG Nexus initiates $200M share buyback program; purchases below NAV per share
Board-approved $200M repurchase program; will buy shares below ~$5.10 NAV per share as of Oct 20, 2025.
Filed S-3ASR to register 40M shares underlying pre-funded warrants from recent $200M private placement.
FG Nexus to ring Nasdaq closing bell Oct 13; highlights ETH accumulation strategy
Company will ring Nasdaq closing bell on Monday, October 13, 2025 at 4:00 PM ET.
FG Nexus increases authorized shares to 1 trillion (900B common, 100B preferred)
Charter Amendment filed Oct 7, 2025, raises common shares from 1B to 900B and preferred from 500M to 100B.
FG Nexus partners with Securitize to tokenize common and preferred shares on Ethereum
Shareholders may elect to natively tokenize FGNX and FGNXP stock on Ethereum blockchain.
FG Nexus boosts ETH holdings to 50,770 ETH (~$207M) with recent purchases
Total ETH holdings reached 50,770 as of Sept 28, 2025, valued at ~$207M at $4,142/ETH.
FG Nexus announces reaching 50,000 ETH milestone, valued at ~$210M
ETH position reached 50,000 on Sep 22, 2025; aggregate value ~$210M at $4,200/ETH.
FG Nexus ETH holdings reach 49,715, valued at ~$229M after recent purchases
Purchased 1,087 ETH at average price of $4,598; total ETH now 49,715 as of Sept 18, 2025.
As of Aug 10, 2025, holds 47,331 ETH at $4,228.40/ETH (Bloomberg).
FG Nexus shareholders approve 1 trillion share authorization to fund Ethereum acquisition strategy
Shareholders approved 1 trillion authorized shares (900B common, 100B preferred) for ETH acquisition.
FG CVR Trust approves $10 per CVR distribution; payments start Sept 17, 2025
FG CVR Trust approved $10 per CVR distribution, the first cash payment from the trust.
Authorized capital stock increased to 1T shares: 900B common, 100B preferred (10B Series A preferred).
FG Nexus announces $200M share repurchase program to buy back common stock
Board approved repurchase of up to $200M of common stock via open market or negotiated transactions.
FG Nexus Board authorizes up to $200M share repurchase program on Sept 5, 2025
Board unanimously approved repurchase of up to $200M of common stock on Sept 5, 2025.
Charter amendment effective Sep 5, 2025: name changed to FG Nexus Inc., authorized common shares increased from 4M to 1B.
Maja Vujinovic, CEO of Digital Assets, joins Anchorage Digital livestream on Sep 3 at 12pm ET.
Fundamental Global boosts ETH holdings to 48,545, targeting 10% of Ethereum network
Total ETH holdings hit 48,545 as of Aug 25, 2025, valued at ~$230M based on $4,737/ETH.
Fundamental Global furnishes investor presentation; content not disclosed in filing
Updated investor presentation dated August 22, 2025 furnished under Regulation FD.
FG Nexus expands board with crypto leaders Vujinovic and Vargas
Maja Vujinovic (CEO Digital Assets) and Jose Vargas (Head of Business Development) join FG Nexus Board of Directors.
Fundamental Global files investor presentation with no new material data
Filing furnishes investor presentation dated August 13, 2025 under Regulation FD.
FG Nexus ticker change effective Aug 11; common now FGNX, preferred FGNXP
Common Stock ticker changed from FGF to FGNX; Preferred Series A from FGFPP to FGNXP.
Fundamental Global changes ticker to FGNX/FGNXP, reiterates ETH treasury focus
Ticker symbols changed from FGF/FGFPP to FGNX (common) and FGNXP (preferred) effective Aug 11, 2025.
Fundamental Global closes $200M PIPE, net $193M, for Ethereum treasury; renames to FG Nexus
PIPE: 40M pre-funded warrants at $5 each closed, gross $200M, net ~$193M; proceeds to fund ETH treasury acquisition.
Fundamental Global forms FG CVR Trust, announces special $10/share cash distribution to shareholders
Shareholders of record as of Aug 8, 2025 receive non-transferable CVR with initial $10/share cash distribution expected in Sep 2025.
$200M gross proceeds from sale of 40M pre-funded warrants at $5.00/warrant; closing expected Aug 1, 2025.
Fundamental Global reports FY 2024 net loss $2.6M, revenue $17.3M; multiple mergers closed
Net loss attributable to common shareholders $2.6M vs $14.1M in 2023; includes $21.8M gain on sale of Strong/MDI.
Fundamental Global sells FG RE Corporate Member for $0.3M, expects $2.1M impairment
Sale of entire share capital of FG RE Corporate Member Ltd by subsidiary FG Reinsurance Holdings.
Todd Major became the Company’s Chief Accounting Officer and Principal Accounting Officer.
Larry G. Swets, President and Chief Executive Officer of the Company prior to the closing of the Merger, and Hassan R. Baqar, Executive Vice President, Chief Financial Officer and Secretary of the Company prior to the closing of the Merger, resigned from their respective positions with the Company.
in accordance with the terms of the Plan of Merger and effective immediately following the closing of the Merger each of Michael C. Mitchell, Ndamukong Suh, and Robert J. Roschman were appointed to the Board.
Effective as of the closing of the Merger, the Board appointed Mr. Cerminara as the Chief Executive Officer of the Company, and Mark D. Roberson as Chief Financial Officer and Secretary of the Company.
in accordance with the terms of the Plan of Merger and effective immediately following the closing of the Merger each of Michael C. Mitchell, Ndamukong Suh, and Robert J. Roschman were appointed to the Board.
Larry G. Swets, President and Chief Executive Officer of the Company prior to the closing of the Merger, and Hassan R. Baqar, Executive Vice President, Chief Financial Officer and Secretary of the Company prior to the closing of the Merger, resigned from their respective positions with the Company.
E. Gray Payne and Larry G. Swets, Jr., resigned from the Board.
in accordance with the terms of the Plan of Merger and effective immediately following the closing of the Merger each of Michael C. Mitchell, Ndamukong Suh, and Robert J. Roschman were appointed to the Board.
E. Gray Payne and Larry G. Swets, Jr., resigned from the Board.
Effective as of the closing of the Merger, the Board appointed Mr. Cerminara as the Chief Executive Officer of the Company, and Mark D. Roberson as Chief Financial Officer and Secretary of the Company.
Max materiality 0.90 · Median 0.57 · Most common event other_material