Company Description
FG Nexus Inc. 8.00% Cumulative Preferred Stock, Series A (FGNXP) represents a class of preferred equity issued by FG Nexus Inc., a Nevada corporation listed on the Nasdaq Stock Market. According to SEC filings, this security is designated as 8.00% Cumulative Preferred Stock, Series A, $25.00 par value per share and trades under the ticker symbol FGNXP on Nasdaq.
FG Nexus Inc. (Nasdaq: FGNX, FGNXP) is described in multiple company press releases as being focused on building a digital asset treasury and a platform for the tokenization of real-world assets (RWAs). The company states that it is "on the Ethereum Standard" and is singularly focused on becoming a very large corporate holder of Ethereum (ETH). To enhance the yield on its treasury, FG Nexus indicates that it will stake its ETH holdings and implement additional yield strategies while positioning itself as a strategic gateway into Ethereum-powered finance, including tokenized RWAs and stablecoin yield or stablecoin-based yield solutions.
In its public communications, FG Nexus highlights an ETH treasury strategy that centers on long-term ETH accumulation and on-chain yield generation. The company has disclosed in SEC filings and press releases various milestones related to its ETH position, including ETH purchases and ETH position levels. An 8-K filing notes that FG Nexus issued a press release announcing a purchase of 47,331 ETH, and subsequent 8-K filings reference ETH position updates as the company’s holdings increased and reached specified milestones.
FG Nexus has also undertaken corporate actions related to its capital structure. An 8-K filing describes a Charter Amendment that, among other items, increased the total number of authorized shares of common stock and preferred stock, increased the authorized shares of its 8.00% cumulative preferred stock, Series A, and changed the company’s name from Fundamental Global Inc. to FG Nexus Inc.. The same filing confirms that FGNXP is the ticker symbol for the 8.00% Cumulative Preferred Stock, Series A, on the Nasdaq Stock Market.
In addition, FG Nexus reported entering into a securities purchase agreement with accredited investors for a private placement of pre-funded warrants to purchase shares of common stock. The 8-K filing explains that these pre-funded warrants could be purchased using cash or certain cryptocurrencies, including Bitcoin, USDC, or ETH, and that some of the pre-funded warrants were structured with an automatic exercise feature upon the effectiveness of the Charter Amendment. The filing notes that, upon effectiveness of the Charter Amendment, a large number of automatic pre-funded warrants converted into shares of common stock.
Press releases incorporated by reference in SEC filings and reproduced in the news flow describe FG Nexus as operating in the context of digital assets, Ethereum, and tokenization. The company has communicated initiatives such as a digital asset treasury and RWA tokenization strategy, a focus on ETH yield through staking and other yield strategies, and its intent to serve as a gateway into tokenized real-world assets and stablecoin yield. It has also referenced partnerships and capital raising activities in support of this strategy, as well as steps to streamline legacy operations and adjust its business around this ETH-focused approach.
For investors evaluating FGNXP, the preferred stock is structurally tied to FG Nexus Inc. as the issuer. The security is described in SEC filings as cumulative, meaning that dividends on the preferred stock accumulate if they are not paid when scheduled, although the specific terms and conditions are set out in the company’s charter documents and related offering materials rather than in the filings excerpted here. The company has announced in a press release that it declared a quarterly cash dividend on its 8.00% Cumulative Preferred Stock, Series A, for a specified dividend period, and confirmed that the preferred stock trades on Nasdaq under the ticker FGNXP.
FG Nexus has also communicated various corporate developments related to its common equity and overall capital markets presence. Press releases describe a common stock buyback program, a preferred share repurchase program for its preferred shares, and the commencement of options trading on its common stock under the FGNX ticker on certain options exchanges. Another press release notes that the company’s common stock became listed for trading on Deutsche Börse in Germany under a separate ticker, expanding access for European investors to its Ethereum-focused strategy. These actions are framed by the company as part of its broader efforts around its ETH treasury and digital asset strategy.
Across its communications, FG Nexus emphasizes several recurring themes: building and managing a digital asset treasury centered on ETH, pursuing on-chain yield through staking and other strategies, engaging in tokenization of real-world assets, and offering exposure to Ethereum-powered finance and stablecoin yield concepts. The 8.00% Cumulative Preferred Stock, Series A (FGNXP) sits within this broader corporate context as a preferred equity instrument of a company that positions itself around Ethereum and digital asset–related activities.
FGNXP within FG Nexus’s capital structure
According to SEC filings, FGNXP is explicitly identified as the ticker symbol for FG Nexus Inc.’s 8.00% Cumulative Preferred Stock, Series A on the Nasdaq Stock Market. The Charter Amendment filing indicates that the company increased the total number of authorized shares of this Series A preferred stock, reflecting a decision to expand the potential size of this class of securities. The same filing confirms that FG Nexus Inc. is incorporated in Nevada and that it changed its name from Fundamental Global Inc. to FG Nexus Inc. on the effective date of the Charter Amendment.
FG Nexus has also communicated that its preferred stock is part of a broader capital structure that includes common stock, pre-funded warrants, and other equity-related instruments. The private placement of pre-funded warrants, as described in an 8-K, provided the company with a mechanism to raise capital from accredited investors, with payment options that included certain cryptocurrencies and USDC. The automatic exercise feature on some of these pre-funded warrants, triggered by the Charter Amendment, resulted in a significant increase in issued and outstanding common shares, which is noted in the same filing.
Digital asset and Ethereum-focused strategy
Multiple press releases describe FG Nexus as being "on the Ethereum Standard" and "singularly focused" on becoming a very large corporate holder of ETH. The company states that it intends to stake its ETH and pursue additional yield strategies, and that it aims to serve as a strategic gateway into Ethereum-powered finance. This includes references to tokenized real-world assets and stablecoin yield or stablecoin-based yield solutions. Other press releases characterize the company as building a digital asset treasury and a platform for the tokenization of real-world assets, again highlighting staking and yield strategies as part of its approach.
SEC filings under Item 7.01 Regulation FD Disclosure show that FG Nexus has issued press releases to update the market on its ETH position, including specific ETH holdings at various points in time and the purchase of a large ETH position. One filing notes that the company issued a press release announcing its ETH position reaching a specified milestone, while another references an earlier press release about a large ETH purchase. These disclosures underscore the centrality of ETH holdings to the company’s stated strategy.
Corporate evolution and name change
The 8-K filing describing the Charter Amendment explains that FG Nexus Inc. was formerly known as Fundamental Global Inc. and that the Charter Amendment changed the company’s name to FG Nexus Inc. The same filing notes that the company increased its authorized common stock and preferred stock, including the 8.00% cumulative preferred stock, Series A, and that the Charter Amendment became effective on a specified date. This filing also records the automatic conversion of a large number of pre-funded warrants into common shares upon the effectiveness of the Charter Amendment.
Other 8-K filings identify the company as a Nevada corporation with a specific Commission File Number and Employer Identification Number, confirming its status as a U.S. public company subject to SEC reporting requirements. These filings also consistently identify FGNXP as the ticker symbol for the 8.00% Cumulative Preferred Stock, Series A, on the Nasdaq Stock Market.
Dividend actions on FGNXP
In a press release, FG Nexus announced that it declared a quarterly cash dividend on its 8.00% Cumulative Preferred Stock, Series A, for a specified dividend period. The company stated that this dividend was declared in accordance with the terms of the preferred stock and confirmed that the preferred stock is listed on the Nasdaq Stock Market under the ticker symbol FGNXP. This communication illustrates how the company has used public announcements to inform holders of FGNXP about dividend decisions.
Investor-focused communications
FG Nexus has made use of press releases and investor presentations to describe its business and strategy to stockholders and the broader market. An 8-K filing notes that the company prepared an updated investor presentation to be uploaded to its website and used to describe the company’s business. Other 8-K filings reference press releases about ETH position updates, participation in events discussing the company’s efforts in the global adoption of Ethereum, and other communications that highlight the company’s focus on Ethereum and digital assets.
Through these disclosures, FG Nexus presents itself as a company whose activities and capital structure, including the 8.00% Cumulative Preferred Stock, Series A (FGNXP), are closely tied to its ETH treasury and digital asset strategy. Investors considering FGNXP can refer to the company’s SEC filings and press releases for detailed information on the terms of the preferred stock, dividend declarations, and the broader context of FG Nexus’s Ethereum- and tokenization-focused business approach.