FG Nexus Initiates $200 Million Share Buyback Program
FG Nexus (Nasdaq: FGNX, FGNXP) on October 20, 2025 announced the initiation of a Board-approved $200 million share repurchase program and engaged ThinkEquity to begin buyback purchases immediately.
The company said it will seek to buy shares below its estimated Net Asset Value (~$5.10 per share) and that ThinkEquity will make Rule 10b-18 purchases of up to 25% of daily trading volume while the stock trades below $5.00 per share. Timing and amounts depend on market conditions, financial performance, and other opportunities. FG Nexus stated it will not use its At-the-Market facility while trading below NAV but reserves the right to use it later if accretive.
FG Nexus (Nasdaq: FGNX, FGNXP) annuncia il 20 ottobre 2025 l'inizio di un programma di riacquisto azionario approvato dal Consiglio e ha incaricato ThinkEquity di avviare immediatamente gli acquisti di riacquisto.
L'azienda ha dichiarato che cercherà di acquistare azioni al di sotto del suo stimato valore patrimoniale netto (Net Asset Value (~$5,10 per azione)) e che ThinkEquity effettuerà acquisti in base alla Rule 10b-18 fino al 25% del volume di scambio giornaliero mentre il titolo si negozia al di sotto di $5,00 per azione. I tempi e gli importi dipenderanno dalle condizioni di mercato, dalla performance finanziaria e da altre opportunità. FG Nexus ha dichiarato che non utilizzerà la sua facility At-the-Market (ATM) mentre venga scambiato al di sotto del NAV, ma si riserva il diritto di usarla in seguito se genererà valore.
FG Nexus (Nasdaq: FGNX, FGNXP) anunció el 20 de octubre de 2025 el inicio de un programa de recompra de acciones aprobado por la Junta y contrató a ThinkEquity para comenzar de inmediato las compras de recompra.
La empresa dijo que buscará comprar acciones por debajo de su valor neto estimado (Net Asset Value (~$5,10 por acción)) y que ThinkEquity realizará compras según la regla 10b-18 de hasta el 25% del volumen de negociación diario mientras la acción cotiza por debajo de $5,00 por acción. El momento y las cantidades dependerán de las condiciones del mercado, del rendimiento financiero y de otras oportunidades. FG Nexus declaró que no utilizará su instalación At-the-Market mientras cotice por debajo del NAV, pero se reserva el derecho de usarla más adelante si resulta accretivo.
FG Nexus (나스닥: FGNX, FGNXP)는 2025년 10월 20일에 이사회 승인하에 $200 million의 자사주 매입 프로그램 시작을 발표하고 ThinkEquity를 고용하여 즉시 매입을 시작했다고 밝혔다.
회사는 추정 순자산가치(Net Asset Value, 약 $5.10 달러/주) 이하에서 주식을 매입하고 ThinkEquity가 주가가 $5.00 이하로 거래되는 동안 일일 거래량의 최대 25%에 해당하는 Rule 10b-18 매수를 수행할 것이라고 말했다. 시기와 금액은 시장 여건, 재무 성과 및 다른 기회에 따라 달라진다. FG Nexus는 NAV 미만으로 거래되는 동안 At-the-Market(ATM) 시설을 사용하지는 않을 것이며, 수익성이 있을 경우 나중에 사용할 권리를 보유한다고 밝혔다.
FG Nexus (Nasdaq: FGNX, FGNXP) a annoncé le 20 octobre 2025 le démarrage d'un programme de rachat d'actions approuvé par le conseil et a engagé ThinkEquity pour commencer les achats de rachat immédiatement.
La société a déclaré qu'elle chercherait à acheter des actions en dessous de sa valeur nette d'inventaire estimée (Net Asset Value (~$5,10 par action)) et que ThinkEquity effectuera des achats selon la règle 10b-18 jusqu'à 25% du volume de négociation quotidien tandis que l'action se négocie en dessous de $5,00 par action. Le calendrier et les montants dépendront des conditions du marché, de la performance financière et d'autres opportunités. FG Nexus a déclaré qu'elle n'utiliserait pas sa facility At-the-Market tant que l'action se négociera sous NAV mais se réserve le droit de l'utiliser ultérieurement si cela est accréditif.
FG Nexus (Nasdaq: FGNX, FGNXP) kündigte am 20. Oktober 2025 die Einleitung eines vom Vorstand genehmigten Eigenkapitalrückkaufsprogramms in Höhe von $200 Millionen an und beauftragte ThinkEquity, umgehend mit den Rückkäufen zu beginnen.
Das Unternehmen erklärte, dass es Bestrebungen geben werde, Aktien unter seinem geschätzten Net Asset Value (~$5,10 pro Aktie) zu kaufen, und dass ThinkEquity Käufe gemäß Rule 10b-18 bis zu 25% des täglichen Handelsvolumens tätigen wird, solange die Aktie unter $5,00 pro Aktie gehandelt wird. Timing und Beträge hängen von Marktbedingungen, finanzieller Leistung und anderen Gelegenheiten ab. FG Nexus erklärte, dass es seine At-the-Market-Facility nicht nutzen wird, solange unter NAV gehandelt wird, behält sich jedoch vor, sie später zu nutzen, wenn es ertragreich ist.
FG Nexus (ناسداك: FGNX, FGNXP) في 20 أكتوبر 2025 أعلن عن بدء برنامج إعادة شراء أسهم معتمد من المجلس وتكليف ThinkEquity للبدء في عمليات الشراء فوراً.
قالت الشركة إنها ستسعى لشراء الأسهم بسعر أقل من صافي قيمة الأصول المقدّر (Net Asset Value (~$5.10 للسهم)) وأن ThinkEquity ستجري عمليات شراء وفق القاعدة 10b-18 حتى 25% من حجم التداول اليومي بينما يتداول السهم دون $5.00 للسهم. سيعتمد التوقيت والمبالغ على الظروف السوقية والأداء المالي وفرص أخرى. صرّحت FG Nexus بأنها لن تستخدم منشأة At-the-Market أثناء التداول دون NAV لكنها تحتفظ بالحق في استخدامها لاحقاً إذا كان ذلك مُضيفاً للقيمة.
FG Nexus (纳斯达克: FGNX, FGNXP) 于2025年10月20日宣布启动经董事会批准的$2亿美元回购计划，并已任命ThinkEquity立即开始回购交易。
该公司表示将寻求在其估计的净资产价值（约每股$5.10）之下买入股票，ThinkEquity 将在股价低于每股$5.00时，进行不超过日交易量25%的Rule 10b-18购买。时机和金额将取决于市场条件、财务表现及其他机会。FG Nexus 表示在股票交易低于 NAV 时不使用其 At-the-Market（ATM）设施，但若具增益性，保留日后使用的权利。
- $200 million Board-approved share repurchase program
- Target purchases below estimated NAV ~$5.10 to be accretive
- Immediate execution via ThinkEquity under Rule 10b-18
- Buyback purchases capped at 25% of daily volume while <$5.00
- Repurchases may be suspended, modified, or discontinued
- Company is under no obligation to repurchase any specific number of shares
- Execution constrained by 25% daily volume limit while trading under $5.00
Insights
FG Nexus starts a
FG Nexus will deploy a Board-approved share repurchase program via an agreement with ThinkEquity, targeting purchases while the stock trades below
Key dependencies and risks include available cash or financing to complete repurchases, actual execution versus the
Concrete items to watch over the near term: reported repurchase volumes and timing relative to the
Charlotte, NC, Oct. 20, 2025 (GLOBE NEWSWIRE) -- FG Nexus (Nasdaq: FGNX, FGNXP) (the "Company" or "FG Nexus”) today announced that it plans to initiate its previously announced Board-approved
"If the market is going to give us the opportunity to buy our own shares at a discount to our ETH value per share, we are going to take that opportunity and buy ETH at a discount. Buying back stock at current levels is not only accretive to our net asset value per share, it’s the right thing to do for shareholders. The initiation of our Share Repurchase Program reflects our confidence in FG Nexus' ETH treasury strategy and our dedication to delivering long-term shareholder value,” said Kyle Cerminara, CEO of FG Nexus. "By purchasing below our Net Asset Value, we are taking immediate action to capitalize on what we believe represents an attractive opportunity."
ThinkEquity will make its rule 10b-18 purchases (as defined in Rule 10b-18 of the Securities Exchange Act of 1934) in accordance with the following parameters- up to
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 affirms that it has will not utilize its At-the-Market (“ATM”) facility while trading below NAV, as doing so would be dilutive on an ETH per share basis. If market conditions change, however, the Company reserves the right to utilize the ATM facility in an accretive manner for the benefit of the stockholders.
About FG Nexus
FG Nexus Inc. (Nasdaq: FGNX, FGNXP), (the “Company”), is on the Ethereum Standard, and singularly focused on becoming the largest corporate holder of ETH in the world by an order of magnitude. In order to enhance our ETH YIELD, the Company will stake and intends to implement other yield strategies while serving as a strategic gateway into Ethereum-powered finance, including tokenized RWAs and stablecoin yield.
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 October 20, 2025 regarding buybacks?
At what price will FG Nexus (FGNX) aim to buy back shares?
How will ThinkEquity execute FG Nexus (FGNX) buybacks under Rule 10b-18?
Will FG Nexus (FGNX) be required to repurchase a specific number of shares?
Will FG Nexus (FGNX) use its At-the-Market (ATM) facility during the buyback?
