FG Nexus Inc. Form 8-K Filing

FG Nexus Inc. is exploring a potential business combination with FG Communities, Inc. This transaction, considered a related party matter, will be overseen by a special committee of independent directors. The company also aims to advance its strategy of tokenizing real-world assets, with an initial focus on affordable housing, particularly manufactured housing communities in the U.S. Preliminary financial data as of March 31, 2026, indicates approximately $14.0 million in cash, $57.8 million in digital assets (carrying value), $1.9 million in debt, and approximately $11.00 net asset value per common share. The company reported total revenue of $0.2 million and a combined loss of $37.0 million on digital assets. A loss from continuing operations is estimated between $40.0 million and $45.0 million. These figures are preliminary and subject to financial closing procedures and independent audit. Additionally, FG Nexus Inc. has repurchased approximately 2.2 million shares of common stock and 220,000 shares of Series A Preferred Stock through April 6, 2026, and plans to continue these repurchases.