FG CVR TRUST APPROVES $10.00 PER SHARE DISTRIBUTION PAYMENT
FG Nexus (Nasdaq: FGNX) announced that the FG CVR Trust has approved a significant distribution payment of $10.00 per CVR to holders, with payments commencing September 17, 2025. This marks the initial cash distribution from the CVR Trust, with potential additional distributions expected in the future.
The CVR Trust, formed on August 8, 2025, holds various assets including cash, operating businesses, and equity holdings in multiple companies. The trust is managed by a Management Committee consisting of D. Kyle Cerminara and Larry G. Swets, who will oversee the monetization of assets over the next 3 years. The CVRs are non-transferable and will not be listed for trading on any exchange.
FG Nexus (Nasdaq: FGNX) ha annunciato che FG CVR Trust ha approvato un significativo pagamento di distribuzione di 10,00 USD per CVR agli aventi diritto, con pagamenti che iniziano il 17 settembre 2025. Si tratta della prima distribuzione in contanti da parte del CVR Trust, con possibili distribuzioni aggiuntive in futuro.
Il CVR Trust, costituito l'8 agosto 2025, possiede variegate attività tra cui liquidità, aziende operative e partecipazioni azionarie in diverse società. Il trust è gestito da un Management Committee composto da D. Kyle Cerminara e Larry G. Swets, che sovrintenderà la monetizzazione degli asset nei prossimi 3 anni. I CVR non sono trasferibili e non saranno quotati per il trading su alcuna borsa.
FG Nexus (Nasdaq: FGNX) anunció que FG CVR Trust ha aprobado un importante pago de distribución de 10,00 USD por CVR a los tenedores, con pagos que comienzan el 17 de septiembre de 2025. Este es el primer pago en efectivo del CVR Trust, con posibles distribuciones adicionales en el futuro.
El CVR Trust, formado el 8 de agosto de 2025, posee activos que incluyen efectivo, negocios operativos y participaciones accionarias en varias compañías. El trust es administrado por un Comité de Gestión compuesto por D. Kyle Cerminara y Larry G. Swets, quienes supervisarán la monetización de los activos durante los próximos 3 años. Los CVR son intransferibles y no se cotizarán en ningún intercambio.
FG Nexus (Nasdaq: FGNX)는 FG CVR Trust가 보유자에게 CVR당 10.00 USD2025년 9월 17일에 시작된다고 발표했습니다. 이는 CVR Trust의 최초 현금 분배로, 향후 추가 분배가 가능할 수 있습니다.
CVR Trust는 2025년 8월 8일에 설립되었으며 현금, 운영 사업, 다수의 회사에 대한 지분 등 다양한 자산을 보유합니다. 이 트러스트는 D. Kyle Cerminara와 Larry G. Swets로 구성된 운영위원회가 관리하며, 향후 3년 동안 자산의 현금화(수익화)를 감독합니다. CVR은 양도 불가이며 어떤 거래소에서도 상장되지 않습니다.
FG Nexus (Nasdaq: FGNX) a annoncé que le FG CVR Trust a approuvé un paiement de distribution important de 10,00 USD par CVR aux détenteurs, les paiements commençant le 17 septembre 2025. Il s’agit de la première distribution en espèces du CVR Trust, avec d’éventuelles distributions supplémentaires à l’avenir.
Le CVR Trust, formé le 8 août 2025, détient divers actifs dont des liquidités, des entreprises opérationnelles et des participations dans plusieurs sociétés. Le trust est géré par un Comité de Gestion composé de D. Kyle Cerminara et Larry G. Swets, qui supervisera la monétisation des actifs au cours des 3 prochaines années. Les CVR sont non transférables et ne seront pas cotés en bourse.
FG Nexus (Nasdaq: FGNX) hat bekannt gegeben, dass der FG CVR Trust eine bedeutende Ausschüttung von 10,00 USD pro CVR an die Inhaber genehmigt hat, wobei die Zahlungen am 17. September 2025 beginnen. Dies markiert die erste Barausschüttung des CVR Trust, mit möglichen zusätzlichen Ausschüttungen in der Zukunft.
Der CVR Trust wurde am 8. August 2025 gegründet und hält verschiedene Vermögenswerte, darunter Bargeld, operative Unternehmen und Beteiligungen an mehreren Firmen. Der Trust wird von einem Verwaltungsausschuss verwaltet, dem D. Kyle Cerminara und Larry G. Swets angehören, die in den nächsten 3 Jahren die Monetarisierung der Vermögenswerte überwachen. Die CVR sind nicht übertragbar und werden nicht an einer Börse gehandelt.
FG Nexus (ناسداك: FGNX) أعلنت أن صندوق CVR Trust وافق على توزيع نقدي كبير قدره 10.00 دولارًا أمريكيًا لكل CVR للمساهمين، على أن يبدأ الدفع في 17 سبتمبر 2025. يمثل هذا أول توزيع نقدي من صندوق CVR Trust، مع احتمال وجود توزيعات إضافية في المستقبل.
تم تشكيل CVR Trust في 8 أغسطس 2025، وهو يمتلك أصولاً متنوعة بما في ذلك النقد، أعمال تشغيلية، وطروحات ملكية في عدة شركات. يُدار الصندوق من قبل لجنة إدارة مكونة من D. Kyle Cerminara و Larry G. Swets، التي ستشرف على تحقيق سيولة الأصول خلال السنوات الثلاث القادمة. غير قابل للتحويل ولا يُدرَج CVR للتداول في أي بورصة.
FG Nexus（纳斯达克：FGNX）宣布，FG CVR Trust 已批准向持有者分发每份 CVR 10.00 美元的重大分配，分发将于 2025 年 9 月 17 日 开始。这标志着 CVR Trust 的首次现金分配，未来可能还会有额外分配。
CVR Trust 于 2025 年 8 月 8 日 成立，拥有包括现金、运营业务以及对多家公司股权等在内的多种资产。该信托由由 D. Kyle Cerminara 与 Larry G. Swets 组成的管理委员会管理，在未来 3 年 内监督资产变现。CVR 不可转让，且不会在任何交易所上市。
- Initial significant distribution of $10.00 per CVR
- Diverse portfolio of assets including cash, operating businesses, and equity holdings
- Structured 3-year monetization plan for trust assets
- Dedicated website establishment for transparency and information sharing
- CVRs are not transferable except in limited circumstances
- CVRs will not be listed for trading on any exchange
- Trust is not a reporting entity
- Future distributions dependent on successful asset monetization
Payment Distributions Expected to Commence September 17, 2025
Charlotte, NC, Sept. 15, 2025 (GLOBE NEWSWIRE) -- FG Nexus (Nasdaq: FGNX, FGNXP) (the “Company”) today announced that FG CVR Trust (the “CVR Trust”), a Delaware statutory trust, has approved a distribution payment to the holders of the contingent value rights (“CVRs”), which were previously distributed by FG Nexus in the amount of
The distribution payment, which is expected to be initiated on September 17, 2025, represents the initial cash distribution from the CVR Trust and is the first of potential additional distributions that the CVR Trust expects to make over time.
The CVR Trust may make future distributions in cash or in-kind securities as the CVR Trust continues its efforts to monetize and distribute proceeds from the liquidation of its various assets and business holdings. The CVR Trust currently holds cash and cash equivalents, the net assets of the Strong Technical Services operating business, and 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.
The Depository Trust Company has assigned CUSIP 303CVR013 to the CVRs. Beneficial holders of CVRs will receive the distribution payment directly through their bank or broker. Registered holders of CVRs will receive the distribution payment via US mail.
The CVR Trust was formed by FG Nexus on August 8, 2025. The Delaware trustee of the CVR Trust is Wilmington Trust, National Association, and a Management Committee comprised of D. Kyle Cerminara and Larry G. Swets will manage the liquidation and monetization of the CVR Trust’s assets which were contributed to the CVR Trust by FG Nexus. The Management Committee will seek to monetize the assets held by the CVR Trust over the next 3 years, balancing near term liquidity and ultimate value realization from the assets for future distributions to the holders of the CVRs previously distributed by FG Nexus to its common stockholders of record as of August 8, 2025. The CVRs are not transferable, except in certain limited circumstances, will not be certificated or evidenced by any instrument and will not be listed for trading on any exchange. The CVRs are not and will not be registered and the CVR Trust is not and will not be a reporting entity, however, FG Nexus intends to provide information to the holders of the CVRs relating to the assets in the CVR Trust and the distributions to be distributed to the CVR holders from the CVR Trust. FG Nexus has established a website www.fgftrust.com, which when live will include information about the CVR Trust, the management of the CVR Trust, the assets in the CVR Trust, the value of the assets in the CVR Trust and the distributions to the CVR holders.
FG Nexus
FG Nexus (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 restake, serving as a strategic gateway into Ethereum-powered finance, including tokenized RWAs and stablecoin yield.
Forward Looking Statements
This press release contains forward-looking statements. 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 CVR Trust’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, risks associated with operating in the managed services industries, credit risk; potential loss of value of our holdings; fluctuations in our short-term results; risks of not being able to attract and retain qualified management and personnel to implement and execute on our plans; failure of our information technology systems, data breaches and cyber-attacks; our ability to establish and maintain an effective system of internal controls; any potential conflicts of interests and general conditions in the global economy.
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. 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
FAQ
What is the amount of FG Nexus (FGNX) CVR Trust's first distribution payment?
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