FUNDAMENTAL GLOBAL INC. ANNOUNCES FORMATION OF FG CVR TRUST AND $10.00 PER SHARE SPECIAL DISTRIBUTION
Fundamental Global Inc. (NASDAQ: FGF) announced the formation of FG CVR Trust, a Delaware statutory trust, offering a special distribution to common shareholders. Shareholders of record as of August 8, 2025 will receive non-transferable Contingent Value Rights (CVRs), including an initial cash distribution of $10.00 per share expected in September 2025.
The CVR Trust, with assets valued at over $30.00 per common share, will distribute additional cash or in-kind securities as legacy assets are monetized. The company, soon to be renamed FG Nexus Inc., will retain approximately $5.00 per share in NAV and is undergoing a strategic transformation with a $200 million private placement to implement an Ethereum Treasury Strategy.
Fundamental Global Inc. (NASDAQ: FGF) ha annunciato la creazione di FG CVR Trust, un trust statutario del Delaware, che offrirà una distribuzione speciale agli azionisti ordinari. Gli azionisti registrati al 8 agosto 2025 riceveranno Diritti di Valore Contingente (CVR) non trasferibili, comprensivi di una distribuzione iniziale in contanti di 10,00 $ per azione prevista per settembre 2025.
Il CVR Trust, con un patrimonio valutato a oltre 30,00 $ per azione ordinaria, distribuirà ulteriori liquidità o titoli in natura man mano che gli asset legacy verranno monetizzati. La società, che presto cambierà nome in FG Nexus Inc., manterrà circa 5,00 $ per azione in valore patrimoniale netto (NAV) e sta attraversando una trasformazione strategica con un collocamento privato da 200 milioni di dollari per implementare una strategia di tesoreria basata su Ethereum.
Fundamental Global Inc. (NASDAQ: FGF) anunció la creación de FG CVR Trust, un fideicomiso estatutario de Delaware, que ofrecerá una distribución especial a los accionistas comunes. Los accionistas registrados al 8 de agosto de 2025 recibirán Derechos de Valor Contingente (CVR) no transferibles, incluyendo una distribución inicial en efectivo de 10,00 $ por acción prevista para septiembre de 2025.
El CVR Trust, con activos valorados en más de 30,00 $ por acción común, distribuirá efectivo adicional o valores en especie a medida que se moneticen los activos heredados. La compañía, que pronto cambiará su nombre a FG Nexus Inc., retendrá aproximadamente 5,00 $ por acción en valor neto de activos (NAV) y está llevando a cabo una transformación estratégica con una colocación privada de 200 millones de dólares para implementar una estrategia de tesorería basada en Ethereum.
Fundamental Global Inc. (NASDAQ: FGF)는 델라웨어 법정 신탁인 FG CVR Trust를 설립하고 보통주 주주들에게 특별 배당을 제공한다고 발표했습니다. 2025년 8월 8일 기준 주주 명부에 등재된 주주들은 양도 불가능한 조건부 가치 권리(CVR)를 받으며, 2025년 9월에 주당 10.00달러의 초기 현금 배당이 예상됩니다.
자산 가치가 보통주당 30.00달러 이상인 CVR Trust는 유산 자산이 현금화됨에 따라 추가 현금 또는 현물 증권을 배분할 예정입니다. 곧 FG Nexus Inc.로 사명을 변경할 이 회사는 주당 약 5.00달러의 순자산 가치(NAV)를 유지하며, 이더리움 재무 전략을 실행하기 위한 2억 달러 규모의 사모 투자를 통해 전략적 전환을 진행 중입니다.
Fundamental Global Inc. (NASDAQ : FGF) a annoncé la création du FG CVR Trust, un trust statutaire du Delaware, offrant une distribution spéciale aux actionnaires ordinaires. Les actionnaires inscrits au 8 août 2025 recevront des Droits de Valeur Conditionnelle (CVR) non transférables, incluant une distribution initiale en espèces de 10,00 $ par action prévue pour septembre 2025.
Le CVR Trust, avec des actifs évalués à plus de 30,00 $ par action ordinaire, distribuera des liquidités supplémentaires ou des titres en nature au fur et à mesure de la monétisation des actifs hérités. La société, qui sera bientôt renommée FG Nexus Inc., conservera environ 5,00 $ par action en valeur nette d'inventaire (VNI) et est en pleine transformation stratégique avec un placement privé de 200 millions de dollars pour mettre en œuvre une stratégie de trésorerie Ethereum.
Fundamental Global Inc. (NASDAQ: FGF) gab die Gründung des FG CVR Trust bekannt, eines gesetzlichen Trusts in Delaware, der eine Sonderausschüttung an Stammaktionäre anbietet. Aktionäre, die am 8. August 2025 im Aktienregister stehen, erhalten nicht übertragbare Contingent Value Rights (CVRs), einschließlich einer anfänglichen Barausschüttung von 10,00 $ pro Aktie, die im September 2025 erwartet wird.
Der CVR Trust, mit Vermögenswerten im Wert von über 30,00 $ pro Stammaktie, wird weitere Barausschüttungen oder Sachwerte verteilen, sobald Altbestände monetarisiert werden. Das Unternehmen, das bald in FG Nexus Inc. umbenannt wird, behält etwa 5,00 $ pro Aktie an Nettoinventarwert (NAV) und durchläuft eine strategische Transformation mit einer privaten Platzierung in Höhe von 200 Millionen Dollar, um eine Ethereum-Treasury-Strategie umzusetzen.
- Initial cash distribution of $10.00 per share to shareholders
- CVR Trust assets valued at over $30.00 per common share
- $200 million private placement secured for strategic transformation
- Company retaining $5.00 per share in NAV for new blockchain strategy
- CVRs are non-transferable, limiting shareholder flexibility
- Timeline for additional distributions beyond initial payment remains uncertain
- Future distributions dependent on successful monetization of legacy assets
Insights
Fundamental Global's $10/share special distribution and trust formation unlocks $40M+ in value while pivoting to blockchain strategy with fresh $200M funding.
Fundamental Global's announcement represents a significant financial restructuring that will immediately return substantial capital to shareholders while repositioning the company for a completely new strategic direction. The company is creating the FG CVR Trust and distributing
The total value proposition is particularly noteworthy. The CVR Trust assets have an estimated book value exceeding
This restructuring coincides with the company's strategic pivot into blockchain technology. After transferring most legacy assets to the trust, the renamed FG Nexus will retain approximately
The trust will hold significant assets including cash, the Strong Technical Services operating business, and various equity holdings across multiple sectors. This structure allows for orderly monetization while giving shareholders participation rights in the legacy asset value without impeding the company's new strategic direction.
Special Distribution of Rights to Shareholders of Record as of August 8, 2025
Book Value of Trust Assets >
Charlotte, NC, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Fundamental Global Inc. (Nasdaq: FGF, FGFPP) (the “Company” or “Fundamental Global”), which will soon change its name to FG Nexus Inc. (“FG Nexus”), today announced the formation of FG CVR Trust (the “CVR Trust”), a Delaware statutory trust, for the benefit of the Company’s common shareholders of record as of the close of business on August 8, 2025.
Each of the approximately 1.3 million common shareholders of record as of the record date will receive a non-transferable Contingent Value Right (“CVR”) as a special distribution. The CVR will entitle holders to receive future distributions from the CVR Trust, including an initial cash distribution of
In addition to the initial cash distribution, the CVR Trust is expected to make additional distributions, either in cash or in-kind securities, over time, as it monetizes and distributes the proceeds from the liquidation of various legacy assets and businesses.
Summary Highlights:
- Record Date: August 8, 2025 – shareholders of record will receive a non-transferable CVR
- Initial Distribution:
$10.00 per share in cash, expected to be paid in September 2025 - CVR Trust Assets: Estimated book value exceeds
$30.00 per common share - Distribution Structure: Future distributions may be in cash and/or in-kind securities, as assets are monetized over time
- Strategic Transformation: FG Nexus to retain approximately
$5.00 per share in net asset value (NAV) through retained holdings and launch of new strategy
As previously announced on July 30, 2025, the Company has entered into a definitive agreement for a
The assets being transferred to the CVR Trust will include cash and cash equivalents, the net assets of the Strong Technical Services operating business, and the majority of the Company’s current equity holdings and other interests, including: FG Merchant Partners, Firefly Systems Inc, GreenFirst Forest Products Ltd., FG Communities Inc., Craveworthy Brands, FG Merger II Corp., Aldel Financial II Inc., Greenland Exploration Limited, and other holdings.
About Fundamental Global Inc. (soon to be FG Nexus Inc.)
Fundamental Global Inc. (Nasdaq: FGF, FGFPP) is changing its name to FG Nexus and launching a bold new strategic direction focused on blockchain innovation. As part of this transformation, the company is implementing an Ethereum Treasury Strategy, positioning itself at the forefront of digital asset finance and the tokenization of real-world assets.
The FG® logo and Fundamental Global® are registered trademarks of Fundamental Global LLC
Investor Contact:
invest@fgnexus.io
Media Contact
media@fgnexus.io
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These statements are therefore entitled to the protection of the safe harbor provisions of these laws. These statements may be identified by the use of forward-looking terminology such as “anticipate,” “believe,” “budget,” “can,” “contemplate,” “continue,” “could,” “envision,” “estimate,” “expect,” “evaluate,” “forecast,” “goal,” “guidance,” “indicate,” “intend,” “likely,” “may,” “might,” “outlook,” “plan,” “possibly,” “potential,” “predict,” “probable,” “probably,” “pro-forma,” “project,” “seek,” “should,” “target,” “view,” “will,” “would,” “will be,” “will continue,” “will likely result” or the negative thereof or other variations thereon or comparable terminology. In particular, discussions and statements regarding the Company’s future business plans and initiatives are forward-looking in nature. We have based these forward-looking statements on our current expectations, assumptions, estimates, and projections. While we believe these to be reasonable, such forward-looking statements are only predictions and involve a number of risks and uncertainties, many of which are beyond our control. These and other important factors may cause our actual results, performance, or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements and may impact our ability to implement and execute on our future business plans and initiatives. Management cautions that the forward-looking statements in this press release are not guarantees of future performance, and we cannot assume that such statements will be realized or the forward-looking events and circumstances will occur. Factors that might cause such a difference include, without limitation, fluctuations in the market price of ETH and any associated impairment charges that the Company may incur as a result of a decrease in the market price of ETH below the value at which the Company’s ETH are carried on its balance sheet, changes in the accounting treatment relating to the Company’s ETH holdings, the Company’s ability to achieve profitable operations, government regulation of cryptocurrencies and online betting, changes in securities laws or regulations such as accounting rules as discussed below, customer acceptance of new products and services including the Company’s ETH treasury strategy, general conditions in the global economy; risks associated with operating in the merchant banking and managed services industries, including inadequately priced insured risks and credit risk; risks of not being able to execute on our asset management strategy and potential loss of value of our holdings; risk of becoming an investment company; fluctuations in our short-term results as we implement our business strategies; risks of not being able to attract and retain qualified management and personnel to implement and execute on our business and growth strategy; failure of our information technology systems, data breaches and cyber-attacks; our ability to establish and maintain an effective system of internal controls; the requirements of being a public company and losing our status as a smaller reporting company or becoming an accelerated filer; any potential conflicts of interest between us and our controlling stockholders and different interests of controlling stockholders; and potential conflicts of interest between us and our directors and executive officers.
Our expectations and future plans and initiatives may not be realized. If one of these risks or uncertainties materializes, or if our underlying assumptions prove incorrect, actual results may vary materially from those expected, estimated or projected. You are cautioned not to place undue reliance on forward-looking statements. Under U.S. generally accepted accounting principles, entities are required to measure certain crypto assets at fair value, with changes reflected in net income each reporting period. Changes in the fair value of crypto assets could result in significant fluctuations to the income statement results. The forward-looking statements are made only as of the date hereof and do not necessarily reflect our outlook at any other point in time. We do not undertake and specifically decline any obligation to update any such statements or to publicly announce the results of any revisions to any such statements to reflect new information, future events or developments.
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