Web3MediaBreaks – FG Nexus Inc. (NASDAQ: FGNX, FGNXP) Initiates $200 Million Share Repurchase Program Below Net Asset ValueOctober 20, 2025 at 14:23 PM EDT
FG Nexus (NASDAQ: FGNX, FGNXP) announced plans to launch its $200 million share repurchase program and has engaged ThinkEquity to begin immediate buybacks below the Company’s estimated net asset value of $5.10 per share as of Oct. 20, 2025. CEO Kyle Cerminara said the move reflects confidence in FG Nexus’ ETH treasury strategy and commitment to enhancing shareholder value. The program will follow Rule 10b-18 guidelines, allowing purchases up to 25% of daily trading volume while the stock trades under $5, and may be adjusted or suspended based on market conditions. To view the full press release, visit https://ibn.fm/olHxf 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. For more information about the company, please visit https://fgnexus.io/ About Web3MediaWire Web3MediaWire (“W3MW”) is a specialized communications platform with a focus on the next generation of internet technologies. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, W3MW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, W3MW brings its clients unparalleled recognition and brand awareness. W3MW is where breaking news, insightful content and actionable information converge. To receive SMS alerts from Web3MediaWire, text “Web3” to 888-902-4192 (U.S. Mobile Phones Only) For more information, please visit https://www.Web3MediaWire.com Please see full terms of use and disclaimers on the Web3MediaWire website applicable to all content provided by W3MW, wherever published or re-published: https://www.Web3MediaWire.com/Disclaimer Web3MediaWire Web3MediaWire is powered by IBN More NewsView More
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