Highest-materiality recent filing
Potential related-party transaction with FG Communities to accelerate tokenization of real-world assets (RWA) strategy in affordable housing.
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.
First closing occurred January 2, 2026; sold FG Re Ltd. and FG Solutions Ltd. to Devondale Holdings.
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 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 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 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 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 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 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.
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 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.
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