InvestorNewsBreaks – FG Nexus Inc. (NASDAQ: FGNX, FGNXP) Provides Update on Share Repurchase Program and ETH HoldingsDecember 18, 2025 at 13:00 PM EST
FG Nexus (NASDAQ: FGNX, FGNXP) announced an update on its common stock buyback program and digital asset holdings, reporting that it repurchased approximately 7.0 million shares at an average price of about $3.17 per share between Oct. 23 and Dec. 17, 2025, representing more than 16% of outstanding shares, according to management. As of Dec. 17, 2025, the company held 40,088 ETH and approximately $25.2 million in cash and USDC, with total debt of $11.9 million, 36.5 million common shares outstanding, and an estimated net asset value of approximately $3.53 per share, with Chairman and CEO Kyle Cerminara stating the company intends to continue repurchasing shares below NAV while maintaining strong ETH and cash balances. To view the full press release, visit https://ibn.fm/07tdR About FG Nexus FG Nexus (Nasdaq: FGNX, FGNXP) (the “Company”) is focused on building a digital asset treasury and a leading platform for the tokenization of real-world assets. To enhance the yield on its treasury, the Company will stake its ETH and implement additional yield strategies while positioning itself as a strategic gateway into digital-asset-powered finance, including tokenized RWAs and stablecoin-based yield solutions. The FGNX(R) logo is a registered trademark. For more information about the company, please visit https://fgnexus.io/ About InvestorWire InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 75+ 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, IW 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, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge. For more information, please visit https://www.InvestorWire.com Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer InvestorWire InvestorWire is powered by IBN More NewsView MoreVia MarketBeat
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