FG Nexus Inc.

FG Nexus Inc. acquired 1,818,182 shares of FG Communities, Inc. (FGC) for a total purchase price of $10,000,001 ($5.50 per share) in cash, pursuant to a subscription agreement dated September 17, 2026. The acquisition closed on September 21, 2026, following approval by the Board of Directors based on the recommendation of a special committee of independent directors and an independent financial advisor.…more

FG Nexus Inc.

FG Nexus has approved a strategy to acquire affordable housing communities and a $10 million investment in FG Communities, representing approximately 10% of its outstanding common stock. Additionally, the company plans to change its corporate name to 'FG Communities Holdings, Inc.' and update its Nasdaq ticker symbols from FGNX to FGC and FGNXP to FGCPP.…more