B. Riley Securities initiated coverage on FG Nexus with a new price target
$FGNX
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B. Riley Securities initiated coverage of FG Nexus with a rating of Buy and set a new price target of $8.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/16/2025 | $8.00 | Buy | B. Riley Securities |
Charlotte, NC, Oct. 22, 2025 (GLOBE NEWSWIRE) -- FG Nexus (NASDAQ:FGNX, FGNXP)) (the "Company" or "FG Nexus"), today announced that it has signed a non-binding letter of intent to sell its Quebec property for $10 million. Following repayment of the existing mortgage, the transaction is expected to generate approximately $8 million in net pretax proceeds. "This sale sharpens our focus on becoming the dominant corporate stakeholder of ETH and provides additional cash resources to repurchase shares of FGNX in the open market through our share buyback program," said Kyle Cerminara, CEO of FG Nexus. The letter of intent does not constitute a binding agreement, and there can be no assurance th
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 $200 million share repurchase program and is entering into an agreement with ThinkEquity to immediately begin buyback purchases. The Company will seek to purchase shares for less than Net Asset Value per share, which is currently estimated to be approximately $5.10 per share as of October 20, 2025. "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 curr
Charlotte, NC, Oct. 10, 2025 (GLOBE NEWSWIRE) -- FG Nexus (NASDAQ:FGNX, FGNXP)) (the "Company" or "FG Nexus"), today announced that the company will ring the Nasdaq closing bell on Monday, October 13, 2025, at 4:00 PM ET. The bell-ringing ceremony will mark a significant milestone for FG Nexus as the company continues its mission to become the largest corporate holder of ETH in the world. "This is a proud moment for our entire team as we celebrate our journey on the Nasdaq and our commitment to delivering long-term shareholder value," said Kyle Cerminara, CEO of FG Nexus. "Ringing the bell represents our dedication to pioneering Ethereum-powered finance and our role as a strategic gatew
B. Riley Securities initiated coverage of FG Nexus with a rating of Buy and set a new price target of $8.00
4 - FG Nexus Inc. (0001591890) (Issuer)
4 - FG Nexus Inc. (0001591890) (Issuer)
8-K - FG Nexus Inc. (0001591890) (Filer)
8-K - FG Nexus Inc. (0001591890) (Filer)
S-3ASR - FG Nexus Inc. (0001591890) (Filer)
Charlotte, NC, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Fundamental Global Inc (NASDAQ:FGNX, FGNXP), FGNXP) (the "Company" or "FG Nexus") today announced that Maja Vujinovic, CEO of Digital Assets, will join Anchorage Digital's upcoming livestream on September 3rd at 12pm ET. The livestream will bring together top voices in the digital asset ecosystem to discuss how institutions are moving into ETH treasuries at scale. The livestream can be viewed on Anchorage Digital's X channel. "Ethereum continues to prove itself not only as the foundation of capital markets, but as the most productive reserve asset that should be held by companies around the world," said Maja Vujinovic. "I look forward to j
Strategic Leadership Additions Reinforce Company's Ethereum Treasury Strategy and Public Markets Expertise Charlotte, NC, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Fundamental Global Inc. (NASDAQ:FGNX, FGNXP)) (the "Company" or "FG Nexus"), the premier Ethereum pure-play treasury company, today announced the appointment of two distinguished industry leaders to its Board of Directors: Maja Vujinovic, CEO of Digital Assets, and Jose Vargas, Head of Business Development. "These strategic Board appointments bring together Maja's pioneering work in digital assets and institutional blockchain adoption and Jose's proven record of building and scaling innovative financial and technology companies, creat
FG Nexus to also become the first to bring a dividend-paying preferred equity (NASDAQ:FGNXP) fully onchain, bringing programmable ownership and real-time settlement to equity markets CHARLOTTE, NC & MIAMI, FL, Oct. 02, 2025 (GLOBE NEWSWIRE) -- FG Nexus (NASDAQ:FGNX, FGNXP)) ("FG Nexus" or the "Company") and Securitize, a leading platform for tokenizing real-world assets, announced today that FG Nexus and Securitize have entered into an agreement to implement a program to allow shareholders to elect to natively tokenize the Company's common and preferred stock on the Ethereum blockchain. FG Nexus is among the first NASDAQ-listed companies to offer shareholders the choice to tokenize its sh
Charlotte, NC, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Fundamental Global Inc. (NASDAQ:FGNX) (the "Company" or "FG Nexus") today announced that it has declared a quarterly cash dividend on its 8.00% Cumulative Preferred Stock, Series A (the "Preferred Stock"), for the period commencing on June 15, 2025, and ending on September 14, 2025. In accordance with the terms of the Preferred Stock, the board of directors of the Company declared a Preferred Stock cash dividend of $0.50 per share for the period commencing on June 15, 2025, and ending on September 14, 2025. The dividend is payable on September 15, 2025, to holders of record on September 2, 2025. The Preferred Stock is currently listed on th