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InvestorNewsBreaks - FG Nexus Inc. (NASDAQ: FGNX, FGNXP) Provides Update on Share Repurchase Program and ETH Holdings

Source: InvestorWire

2025-12-18 13:00:00 ET

FG Nexus (NASDAQ: FGNX, FGNXP) announced an update on its common stock buyback program and digital asset holdings, reporting that it repurchased approximately 7.0 million shares at an average price of about $3.17 per share between Oct. 23 and Dec. 17, 2025, representing more than 16% of outstanding shares, according to management. As of Dec. 17, 2025, the company held 40,088 ETH and approximately $25.2 million in cash and USDC, with total debt of $11.9 million, 36.5 million common shares outstanding, and an estimated net asset value of approximately $3.53 per share, with Chairman and CEO Kyle Cerminara stating the company intends to continue repurchasing shares below NAV while maintaining strong ETH and cash balances.

To view the full press release, visit https://ibn.fm/07tdR

About FG Nexus

FG Nexus (Nasdaq: FGNX, FGNXP) (the “Company”) is focused on building a digital asset treasury and a leading platform for the tokenization of real-world assets. To enhance the yield on its treasury, the Company will stake its ETH and implement additional yield strategies while positioning itself as a strategic gateway into digital-asset-powered finance, including tokenized RWAs and stablecoin-based yield solutions.

The FGNX(R) logo is a registered trademark.

For more information about the company, please visit https://fgnexus.io/

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Fundamental Global Inc.

NASDAQ: FGNX

FGNX Trading

3.07% G/L:

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FGNX Latest News

February 09, 2026 07:30:00 am
FG Nexus Announces 1-for-5 Reverse Stock Split

FGNX Stock Data

$70,046,600
35,616,915
0.45%
17
N/A
Capital Markets
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US
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