FG Nexus Announces Preferred Share Repurchase Program
Rhea-AI Summary
FG Nexus (Nasdaq: FGNX, FGNXP) announced on December 9, 2025 that its board approved a preferred share repurchase program to acquire up to 894,580 preferred shares.
The program is open-ended, authorizes repurchases in the open market and negotiated transactions, and will be conducted in accordance with Rule 10b-18 and applicable laws. Management said the authorization provides flexibility to optimize capital structure and return value when market conditions are attractive.
The company also said it will stake ETH and pursue additional yield strategies to enhance treasury yield while positioning itself as a gateway into tokenized real-world assets and stablecoin-based yield solutions.
Positive
- Authorization to repurchase up to 894,580 preferred shares
- Repurchases may follow Rule 10b-18 to limit market impact
- Company will stake ETH and pursue additional yield strategies for treasury
Negative
- Program is open-ended with no fixed dollar cap or timeline
- Company is not obligated to repurchase any specific number of shares
Market Reaction 15 min delay 1 Alert
Following this news, FGNX has gained 6.51%, reflecting a notable positive market reaction. The stock is currently trading at $3.11. This price movement has added approximately $8M to the company's valuation.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.
Key Figures
Market Reality Check
Peers on Argus 1 Down
Peers show mixed moves: PWM down 16.43%, CWD down 7.94%, BENF up 16.32%, RCG up 1.73%. Momentum scanner only flags BENF (down 5.02%), suggesting this preferred repurchase news is stock-specific rather than a sector-wide move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 20 | Q3 update & strategy | Positive | -7.3% | Q3 results, ETH treasury focus, $200M raise and common share buyback. |
| Nov 19 | Conference participation | Positive | -5.1% | Management presenting on tokenization and meeting investors at tech conference. |
| Nov 17 | Preferred dividend | Positive | -7.3% | Declared $0.50 quarterly dividend on 8.00% Cumulative Preferred Stock, Series A. |
| Nov 10 | AI/crypto conference | Positive | -1.8% | Presentation on ETH treasury strategy and investor meetings at Cantor conference. |
| Oct 30 | Deutsche Börse listing | Positive | -5.4% | New LU51 listing in Germany to broaden investor base and liquidity. |
Recent news events with seemingly constructive developments have often been followed by negative 24-hour price reactions.
Over the last few months, FG Nexus has executed a strategic pivot toward an ETH-focused treasury and RWA tokenization, complemented by a $200 million common share buyback and a new Deutsche Börse listing under ticker LU51. Despite conference participation and a preferred dividend declaration of $0.50 per share, the stock saw negative reactions of between -1.83% and -7.31% to these updates. Today’s preferred repurchase program extends the capital-return theme already highlighted in prior buyback announcements.
Market Pulse Summary
The stock is up +6.5% following this news. A strong positive reaction aligns with the company’s ongoing capital-return strategy, which already included a $200 million common share buyback. The new authorization for up to 894,580 preferred shares adds another lever to optimize the capital structure. Historical data show that prior buyback news produced an average move of 5.86%. Investors may weigh whether enthusiasm could fade, as some earlier constructive updates were followed by negative moves.
Key Terms
rule 10b-18 regulatory
exchange act regulatory
digital asset treasury technical
tokenization technical
AI-generated analysis. Not financial advice.
Charlotte, NC, Dec. 09, 2025 (GLOBE NEWSWIRE) -- FG Nexus Inc. (Nasdaq: FGNX, FGNXP) (the “Company”), today announced that its Board of Directors has approved a preferred share repurchase program to acquire up to 894,580 shares of the Company's outstanding preferred shares (the "Preferred Share Repurchase Program"). The Preferred Share Repurchase Program, which is open-ended, allows the Company to repurchase its preferred shares from time to time in the open market and in negotiated transactions. Any repurchases conducted pursuant to the Preferred Share Repurchase Program will be in accordance with Rule 10b-18 of the Exchange Act and will be made in accordance with applicable laws and regulations in effect from time to time.
"This authorization provides us with additional flexibility to optimize our capital structure and return value to our shareholders when market conditions present attractive opportunities," said Kyle Cerminara, Chairman & CEO of FG Nexus.
The timing and amount of repurchases under the Share Repurchase Program will depend on a variety of factors, including market conditions, the Company's financial performance, and other investment opportunities. The Company is under no obligation to repurchase any specific number of shares, and the Share Repurchase Program may be suspended, modified, or discontinued at any time.
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® 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 did FG Nexus (FGNX) announce on December 9, 2025 about preferred shares?
How will FG Nexus execute the preferred share repurchases under the FGNX program?
Does the FGNX repurchase program commit FG Nexus to buy a set number of shares?
How might the FGNX repurchase program affect shareholders' capital structure?
Will FG Nexus use its crypto treasury as part of its financial strategy alongside the FGNX buyback?
