Vanguard (FGNX) holds 7.24% of FG Nexus; index fund owns 5.13%

Rhea-AI Filing Summary

FG Nexus Inc ownership disclosure: Vanguard Capital Management reports beneficial ownership of 473,261 shares of Common Stock, representing 7.24% of the class as of 03/31/2026. The filing identifies Vanguard Total Stock Market Index Fund Investor Shares holding 335,613 shares (5.13%). The report states dispositive power rests with Vanguard Capital Management and related affiliates and that some holdings are on behalf of Vanguard funds and managed accounts.

Insights

Institutional Ownership Analyst

Vanguard holds a single-digit, above-5% passive stake in FG Nexus.

Vanguard Capital Management reports 473,261 shares (7.24%), a passive ownership level that typically triggers public reporting but does not imply activist intent. The filing lists voting and dispositive power allocation, with 52,496 shares of sole voting power and broad dispositive control noted.

Monitor future filings for changes in percent ownership or voting power; timing in the schedule shows positions as of 03/31/2026 with signatures dated 05/04/2026.

Securities Compliance / Legal

Schedule 13G disclosure aligns with passive ownership reporting norms under SEC rules.

The filing attributes beneficial ownership to Vanguard Capital Management and affiliates, and discloses holdings by the Vanguard Total Stock Market Index Fund. The statement references SEC Release No. 34-39538-style aggregation rules for fund-level holdings.

Key compliance items: reported CUSIP 30329Y403, the >5% threshold is disclosed, and signatures are provided. Future Form 13D/13G amendments would be required if the ownership purpose or control changes.

Key Figures

Beneficial ownership: 473,261 shares Percent of class: 7.24% Index fund holding: 335,613 shares +2 more

5 metrics

Beneficial ownership 473,261 shares Amount beneficially owned as of 03/31/2026

Percent of class 7.24% Percent of FG Nexus common stock beneficially owned

Index fund holding 335,613 shares Vanguard Total Stock Market Index Fund Investor Shares (5.13%)

Sole voting power 52,496 shares Shares with sole power to vote reported by Vanguard

CUSIP 30329Y403 FG Nexus Common Stock identifier on the filing

Key Terms

Schedule 13G, beneficially owned, sole dispositive power, SEC Release No. 34-39538

4 terms

Schedule 13G regulatory

"Item 1. (a) | Name of issuer: FG Nexus Inc"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

beneficially owned financial

"Item 4. | (a) | Amount beneficially owned: 473261"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole dispositive power regulatory

"(iii) Sole power to dispose or to direct the disposition of: 473261"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

SEC Release No. 34-39538 regulatory

"In accordance with SEC Release No. 34-39538 (January 12, 1998)"

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

FG Nexus Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

30329Y403

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 30329Y403

1

Names of Reporting Persons

Vanguard Capital Management

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 52,496.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 473,261.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

473,261.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.24 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Capital Management LLC and the following affiliates of Vanguard Capital Management LLC or business divisions of such affiliates: Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC and Vanguard Investments Australia Ltd. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Capital Management LLC exercises dispositive power, in addition to securities held by clients over which the affiliates or business divisions of such affiliates indicated above exercise dispositive and/or voting power. This Schedule 13G does not include securities, if any, beneficially owned by other subsidiaries or affiliates of Vanguard Capital Management LLC, or business divisions of such subsidiaries, whose ownership of securities is disaggregated from that of the reporting business unit in accordance with such release.

SCHEDULE 13G

CUSIP Number(s): 30329Y403

1

Names of Reporting Persons

Vanguard Total Stock Market Index Fund Investor Shares

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 335,613.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

335,613.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.13 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: FG Nexus Inc
(b)	Address of issuer's principal executive offices: 6408 Bannington Rd, Charlotte, NC, 28226
Item 2.
(a)	Name of person filing: Vanguard Capital Management Vanguard Total Stock Market Index Fund Investor Shares
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd,, Malvern, PA, 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 30329Y403
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 473261
(b)	Percent of class: 7.24 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 52496
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 473261
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Vanguard Capital Management, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. The Vanguard Index Funds - Vanguard Total Stock Market Index Fund's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Vanguard Capital Management

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	05/04/2026

Vanguard Total Stock Market Index Fund Investor Shares

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	05/04/2026

FAQ

What stake does Vanguard hold in FG Nexus (FGNX)?

Vanguard Capital Management reports beneficial ownership of 473,261 shares, equal to 7.24% of FG Nexus common stock as of 03/31/2026. The filing attributes holdings to Vanguard and related affiliates, including index fund positions.

How many shares does Vanguard Total Stock Market Index Fund hold in FGNX?

The Vanguard Total Stock Market Index Fund Investor Shares holds 335,613 shares, representing 5.13% of the class. This position is disclosed within the aggregated Vanguard Capital Management filing.

Who has voting and dispositive power for Vanguard's FGNX holdings?

The filing reports 52,496 shares of sole voting power and 473,261 shares of sole dispositive power attributed to Vanguard Capital Management and affiliates. Shared voting/dispositive power is reported as 0.

What reporting standard does this Schedule 13G follow?

The filing follows passive ownership disclosure under Schedule 13G rules and cites SEC Release No. 34-39538 for aggregation of fund holdings. It discloses holdings by Vanguard funds and managed accounts as permitted under that release.

What CUSIP is associated with this disclosure for FG Nexus?

The Schedule 13G lists the CUSIP for FG Nexus common stock as 30329Y403. This identifier is included on the cover information in the filing.