FG Nexus Announces 1-for-5 Reverse Stock Split

Rhea-AI Summary

FG Nexus (Nasdaq: FGNX) announced a 1-for-5 reverse stock split, effective 9:30 a.m. ET on February 13, 2026. The split will convert every five shares into one share, reduce outstanding shares from 32,776,218 to ~6,555,243 (pro forma), and change the CUSIP to 30329Y403.

The company said the move aims to enhance trading liquidity and broaden institutional appeal while proportionally adjusting option and warrant terms; fractional shares will be paid in cash and the FGNX ticker will remain unchanged.

Positive

• Outstanding shares cut to ~6,555,243 (pro forma)
• CUSIP updated to 30329Y403 for post-split trading
• Company expects improved institutional appeal and trading liquidity

Negative

• Authorized common shares reduced from 900 billion to 180 billion
• Fractional-share cash payments required for shareholders holding fractional interests

Key Figures

Reverse split ratio: 1-for-5 Effective time: 9:30 a.m. Eastern, February 13, 2026 New CUSIP: 30329Y403 +5 more

8 metrics

Reverse split ratio 1-for-5 Approved by Board for common stock

Effective time 9:30 a.m. Eastern, February 13, 2026 Reverse stock split effectiveness

New CUSIP 30329Y403 Assigned to common stock after reverse split

Pre-split outstanding shares 32,776,218 shares Common shares outstanding as of announcement date

Post-split pro forma shares 6,555,243 shares Pro forma common shares after 1-for-5 split

Authorized common shares pre-split 900,000,000,000 shares Authorized common stock before reverse split

Authorized common shares post-split 180,000,000,000 shares Authorized common stock after reverse split

ETH-focused strategy Staking ETH and yield strategies Described treasury and tokenization focus

Market Reality Check

Price: $1.98 Vol: Volume 382,934 is below t...

normal vol

$1.98 Last Close

Volume Volume 382,934 is below the 20-day average of 464,020 ahead of the split news. normal

Technical Shares at $1.98 are trading below the 200-day MA of $5.67, near the 52-week low.

Peers on Argus

FGNX is up 11.24% while key peers show mixed moves (e.g., PWM -16.43%, BENF +1.8...

FGNX is up 11.24% while key peers show mixed moves (e.g., PWM -16.43%, BENF +1.85%, others flat to modestly negative), indicating a stock-specific reaction rather than a sector-wide move.

Historical Context

5 past events · Latest: Jan 29 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 29	SPAC ranking recognition	Positive	-1.3%	Named top-performing SPAC sponsor by median and average returns.
Jan 21	Crypto/buyback update	Positive	+1.9%	Update on common and preferred buybacks and ETH holdings, NAV per share.
Dec 18	Crypto/buyback update	Positive	+6.3%	Common share buyback progress, ETH and cash balances, NAV metrics.
Dec 09	Preferred buyback plan	Positive	+8.9%	Board approval of preferred share repurchase program under Rule 10b-18.
Dec 08	Governance change	Positive	+3.2%	Appointment of lead independent director to support ETH treasury strategy.

Pattern Detected

Recent company-specific announcements have generally seen positive price follow-through, with only one notable divergence where a favorable recognition headline was followed by a modest decline.

Recent Company History

Over the past several months, FG Nexus has highlighted capital return and governance initiatives. A December 9, 2025 preferred share repurchase authorization and multiple buyback/NAV updates in December 2025 supported positive moves of up to 8.9%. Governance enhancements on December 8, 2025 and recognition as a top SPAC sponsor on January 29, 2026 underscored its strategic positioning, though the SPAC recognition drew a small negative reaction. The current reverse split follows this sequence of capital-structure-focused actions.

Market Pulse Summary

This announcement details a 1-for-5 reverse stock split that reduces outstanding common shares from ...

Analysis

This announcement details a 1-for-5 reverse stock split that reduces outstanding common shares from 32,776,218 to about 6,555,243 and lowers authorized common shares to 180 billion. It follows a series of governance, buyback, and ETH-focused treasury updates. Investors may monitor how the new structure affects trading dynamics, institutional interest, and execution of the Ethereum-oriented strategy, while tracking future disclosures on capital allocation and digital-asset deployment.

Key Terms

reverse stock split, cusip, par value, warrants, +2 more

6 terms

reverse stock split financial

"today announced that its Board of Directors has approved a one (1)-for-five (5) reverse stock split"

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

cusip financial

"The Company’s common stock has been assigned a new CUSIP number, 30329Y403"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

par value financial

"The reverse stock split will not affect the par value of the Company’s common stock"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

warrants financial

"Proportionate adjustments will be made to the per share exercise price and the number of shares issuable upon the exercise of all outstanding options and warrants."

Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.

tokenization technical

"a leading platform for the tokenization of real-world assets."

Tokenization is the process of converting real-world assets or rights into digital tokens stored on a computer network. This allows assets, such as property or investments, to be divided into smaller parts, making them easier to buy, sell, or transfer electronically. For investors, tokenization can increase access to a wider range of investments and make transactions faster and more efficient.

stablecoin financial

"tokenized real-world assets and stablecoin-based yield solutions."

A stablecoin is a type of digital currency designed to keep its value steady, often by being backed by traditional assets like money or commodities. For investors, stablecoins offer a reliable way to move money quickly across digital platforms without the value fluctuations common with other cryptocurrencies, making them useful for saving, trading, or transferring funds with less risk of sudden losses.

AI-generated analysis. Not financial advice.

Split to Enhance Trading Liquidity and Broaden Institutional Appeal

Charlotte, NC, Feb. 09, 2026 (GLOBE NEWSWIRE) -- FG Nexus Inc. (Nasdaq: FGNX, FGNXP) (the “Company”), today announced that its Board of Directors has approved a one (1)-for-five (5) reverse stock split of the Company's outstanding common stock. The reverse split is expected to become effective at 9:30 a.m. Eastern Time on February 13, 2026. The Company’s common stock has been assigned a new CUSIP number, 30329Y403, in connection with the reverse stock split.

Following the reverse split, every five shares of FG Nexus common stock will be automatically exchanged into one share of common stock. The Company's common stock will continue to trade on Nasdaq under the symbol "FGNX".

"This reverse stock split is a strategic move designed to enhance our stock's appeal to institutional investors and improve trading liquidity as we continue executing our Ethereum-focused treasury strategy," said Kyle Cerminara, Chairman & CEO of FG Nexus. "By consolidating our shares, we're positioning FG Nexus for the next phase of growth as we drive long-term shareholder value while providing efficient access to the expanding Ethereum ecosystem."

The reverse split will reduce the number of outstanding shares of common stock from 32,776,218 shares outstanding as of today to approximately 6,555,243 shares (on a proforma basis if the reverse split had been effected today) and potentially proportionally increase the per-share price of the common stock. The reverse stock split will also proportionally reduce the Company’s shares of common stock authorized for issuance from 900 billion shares to 180 billion shares. No fractional shares will be issued in connection with the reverse split. Shareholders who would otherwise receive fractional shares will receive cash payments in lieu of such fractional shares.

The reverse stock split will be effected simultaneously for all outstanding shares of the Company’s common stock and will affect all of the Company’s stockholders uniformly. The reverse stock split will not affect any stockholder’s percentage ownership interest in the Company, except to the extent that it results in any of the Company’s stockholders owning a fractional share, as any resulting fractional shares will result in a cash payment in lieu of such fractional shares. The reverse stock split will not affect the par value of the Company’s common stock and will also not affect the number of authorized shares or par value of our preferred shares. The rights and privileges of the holders of the common stock will be unaffected by the reverse stock split. Proportionate adjustments will be made to the per share exercise price and the number of shares issuable upon the exercise of all outstanding options and warrants.

Broadridge Financial Solutions, LLC, the Company’s transfer agent is also acting as the exchange agent for the reverse stock split.

FG Nexus

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

The FGNX^® logo is a registered trademark.

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.

Investor Contact
invest@fgnexus.io

Media Contact
media@fgnexus.io

FAQ

What does the 1-for-5 reverse split mean for FGNX shareholders on February 13, 2026?

It consolidates every five shares into one share, reducing share count proportionally. According to the company, the split becomes effective at 9:30 a.m. ET on February 13, 2026, and fractional shares will be paid in cash rather than issued as partial shares.

How will the reverse split affect FG Nexus's outstanding share count and per-share price?

Outstanding shares will fall to about 6,555,243 on a pro forma basis, likely raising the per-share price proportionally. According to the company, shares drop from 32,776,218 to ~6,555,243, which should increase the nominal share price proportionally.

Will FG Nexus (FGNX) keep the same ticker and what is the new CUSIP after the split?

Yes, the company will continue trading under FGNX and has assigned a new CUSIP for post-split shares. According to the company, the new CUSIP is 30329Y403 and the ticker remains unchanged on Nasdaq.

How are fractional shares handled for FGNX shareholders after the reverse split?

Shareholders entitled to fractional shares will receive cash payments instead of fractional stock. According to the company, no fractional shares will be issued and Broadridge will act as exchange agent to pay cash in lieu of fractions.

What corporate changes besides share consolidation does the FGNX reverse split implement?

The reverse split also reduces authorized common shares and adjusts option and warrant terms proportionally. According to the company, authorized shares fall from 900 billion to 180 billion, and exercise prices and share counts for options and warrants will be adjusted.