FG Nexus Launches $200 Million Share Buyback Program Below Net Asset Value

FG Nexus Inc. (NASDAQ: FGNX, FGNXP) has announced the launch of its $200 million share repurchase program, with the company engaging ThinkEquity to begin immediate buybacks below the estimated net asset value of $5.10 per share as of October 20, 2025. CEO Kyle Cerminara stated that this strategic move reflects the company's confidence in its ETH treasury strategy and commitment to enhancing shareholder value through disciplined capital allocation.

The share repurchase program will operate under Rule 10b-18 guidelines, which provides a safe harbor for companies conducting stock buybacks. Under these regulations, FG Nexus can purchase up to 25% of the average daily trading volume while the stock trades below the $5 threshold. The company has indicated that the program may be adjusted or suspended based on market conditions and other factors that could affect the effectiveness of the buyback strategy.

This significant capital allocation decision comes as FG Nexus continues to pursue its stated goal of becoming the largest corporate holder of ETH in the world by an order of magnitude. The company operates on the Ethereum Standard and focuses on enhancing ETH yield through staking and other yield strategies while serving as a strategic gateway into Ethereum-powered finance, including tokenized real-world assets and stablecoin yield opportunities.

The decision to repurchase shares below net asset value represents a strategic opportunity for the company to acquire its own stock at what management believes represents a discount to intrinsic value. This approach aligns with the company's broader financial strategy and its positioning within the evolving digital asset ecosystem. For additional details about the company's operations and strategic direction, visit https://fgnexus.io/.

Market participants and investors can access the complete press release through the company's communications channels, including the detailed announcement available at https://ibn.fm/olHxf. The implementation of this substantial buyback program underscores management's belief that the current market valuation does not fully reflect the company's asset value and strategic positioning within the Web3 and digital asset sectors.