Form 8-K
8-K — FG Nexus Inc.
Accession: 0001493152-26-021183
Filed: 2026-05-05
Period: 2026-05-04
CIK: 0001591890
SIC: 6199 (FINANCE SERVICES)
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — form8-k.htm (Primary)
EX-99.1 (ex99-1.htm)
GRAPHIC (ex99-1_001.jpg)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K
8-K (Primary)
Filename: form8-k.htm · Sequence: 1
false
0001591890
0001591890
2026-05-04
2026-05-04
0001591890
FGNX:CommonStockParValuePerShareMember
2026-05-04
2026-05-04
0001591890
FGNX:CumulativePreferredStockSeriesAMember
2026-05-04
2026-05-04
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): May 4, 2026
FG
NEXUS INC.
(Exact
name of registrant as specified in its charter)
Nevada
001-36366
46-1119100
(State
or other jurisdiction of
incorporation
or organization)
(Commission
File
Number)
(I.R.S.
Employer
Identification
Number)
6408
Bannington Road
Charlotte,
NC
28226
(Address of principal executive
offices)
(Zip Code)
Registrant’s
telephone number, including area code: (704) 994-8279
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
Ticker
symbol(s)
Name
of each exchange on which registered
Common Stock, $0.001 par value per share
FGNX
The Nasdaq Stock Market
LLC
8.00% Cumulative Preferred Stock, Series A, $25.00
par value per share
FGNXP
The Nasdaq Stock Market
LLC
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
7.01 Regulation FD Disclosure.
FG
Nexus Inc. (the “Company”) issued a press release on May 4, 2026, announcing the formation of a Special Committee of the
Company’s Board of Directors to evaluate strategic alternatives including the previously announced potential business combination
with FG Communities, Inc., a self-administered, self-managed real estate investment company with a focus on acquiring, developing and
managing manufactured housing communities (the “Press Release”). A copy of the Press Release is attached hereto as Exhibit
99.1 and incorporated into this Item 7.01 by reference.
As
provided in General Instruction B.2 of Form 8-K, the information in this Item 7.01 and Exhibit 99.1 are “furnished” and shall
not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), or otherwise subject to the liability of such section nor shall it be deemed incorporated by reference in any filing under
the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits:
Exhibit
Description
99.1
Press Release Issued by FG Nexus Inc. on May 4, 2026
104
Cover Page Interactive
Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
FG NEXUS INC
Date: May 4, 2026
By:
/s/ Mark
D. Roberson
Name:
Mark D. Roberson
Title:
Chief Financial Officer
EX-99.1
EX-99.1
Filename: ex99-1.htm · Sequence: 2
Exhibit
99.1
FG
Nexus Announces Formation of Special Committee to Evaluate Strategic Alternatives including a Potential Business Combination to Build
a Leading Platform in Affordable Housing
Potential
Business Combination expected to integrate income-producing affordable housing assets with FG Nexus’ real-world asset platform
Charlotte,
NC, May 4, 2026 (GLOBE NEWSWIRE) — FG Nexus (Nasdaq: FGNX, FGNXP) (the “Company”), today announced the formation of
a Special Committee of the Company’s Board of Directors comprised solely of independent directors (the “Special Committee”)
to evaluate strategic alternatives to enhance long-term stockholder value and further the Company’s strategic objectives. Initially,
the Special Committee will evaluate the previously announced potential business combination (the “Potential Transaction”)
with FG Communities, Inc. (“FG Communities”), a self-administered, self-managed real estate investment company committed
to the preservation and improvement of affordable housing with a focus on acquiring, developing and managing manufactured housing communities.
The Proposed Transaction is considered a related party transaction because FG Communities was founded by our Chairman and CEO and is
controlled by several persons, including Kyle Cerminara, who are affiliated with the Company.
The
Company intends to advance its strategy to build a leading platform for real-world assets and believes that a potential combination with
FG Communities would accelerate a strategic expansion into income-producing affordable housing, providing a durable foundation for long-term
growth and scalable capital formation.
“We
believe, manufactured housing represents one of the most compelling combinations of durable cash flow, intrinsic asset value, and long-term
demand tailwinds in the United States,” said Kyle Cerminara, Chairman & CEO of FG Nexus. “As we evaluate our strategic
alternatives, we are focused on aligning the Company with assets that offer strong downside protection and the potential for sustained
value creation over time. FG Communities has built a high-quality portfolio in a sector characterized by supply constraints and consistent
rent growth. We believe that the Potential Transaction has the potential to provide our real-world assets platform with immediate exposure
to income-producing real-world assets and could establish a durable foundation for long-term growth.”
The
Special Committee has retained an independent financial advisor to assist in its and the Board’s evaluation and negotiation of
the Potential Transaction and/or other strategic alternatives and, if pursued, to provide a fairness opinion for the Potential Transaction.
The Board’s discussions with respect to the Potential Transaction are preliminary in nature and no decisions or agreements have
been reached. There can be no assurance that the Potential Transaction will be pursued or consummated.
About
FG Nexus
FG
Nexus (Nasdaq: FGNX, FGNXP) is a digital asset treasury and merchant bank focused on building a leading platform of real-world assets.
The
FGNX® logo is a registered trademark.
Forward
Looking Statements
This
press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities
Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These statements are
therefore entitled to the protection of the safe harbor provisions of these laws. These statements may be identified by the use of forward-looking
terminology such as “anticipate,” “believe,” “budget,” “can,” “contemplate,”
“continue,” “could,” “envision,” “estimate,” “expect,” “evaluate,”
“forecast,” “goal,” “guidance,” “indicate,” “intend,” “likely,”
“may,” “might,” “outlook,” “plan,” “possibly,” “potential,” “predict,”
“probable,” “probably,” “pro-forma,” “project,” “seek,” “should,”
“target,” “view,” “will,” “would,” “will be,” “will continue,”
“will likely result” or the negative thereof or other variations thereon or comparable terminology. In particular, discussions
and statements regarding the Company’s future business plans and initiatives are forward-looking in nature. We have based these
forward-looking statements on our current expectations, assumptions, estimates, and projections. While we believe these to be reasonable,
such forward-looking statements are only predictions and involve a number of risks and uncertainties, many of which are beyond our control.
These and other important factors may cause our actual results, performance, or achievements to differ materially from any future results,
performance or achievements expressed or implied by these forward-looking statements and may impact our ability to implement and execute
on our future business plans and initiatives. Management cautions that the forward-looking statements in this press release are not guarantees
of future performance, and we cannot assume that such statements will be realized or the forward-looking events and circumstances will
occur. Factors that might cause such a difference include, without limitation, the Company’s ability to execute its business plans
which are contemplated to include increasing the Company’s scale through acquisition, the tokenization of real world assets, fluctuations
in the market price of ETH and other digital assets and any associated mark to market charges or impairments that the Company may incur
as a result of a decrease in the market price of ETH and other digital assets below the value at which the Company’s ETH and other
digital assets are carried on its balance sheet, changes in the accounting treatment relating to the Company’s digital asset holdings,
the Company’s ability to achieve profitable operations, government regulation of digital assets, changes in securities laws or
regulations such as accounting rules as discussed below, customer acceptance of new products and services including the Company’s
real world tokenization and ETH treasury strategies, general conditions in the global economy; risks associated with operating in the
merchant banking industry; risks of not being able to execute on our asset management strategy and potential loss of value of our holdings;
risk of becoming an investment company; fluctuations in our short-term results as we implement our business strategies; risks of not
being able to attract and retain qualified management and personnel to implement and execute on our business and growth strategy; failure
of our information technology systems, data breaches and cyber-attacks; our ability to establish and maintain an effective system of
internal controls; the requirements of being a public company and losing our status as a smaller reporting company or becoming an accelerated
filer;; and potential conflicts of interest between us and our directors and executive officers.
Our
expectations and future plans and initiatives may not be realized. If one of these risks or uncertainties materializes, or if our underlying
assumptions prove incorrect, actual results may vary materially from those expected, estimated or projected. You are cautioned not to
place undue reliance on forward-looking statements. Under U.S. generally accepted accounting principles, entities are required to measure
certain crypto assets at fair value, with changes reflected in net income each reporting period. Changes in the fair value of crypto
assets could result in significant fluctuations to the income statement results. The forward-looking statements are made only as of the
date hereof and do not necessarily reflect our outlook at any other point in time. We do not undertake and specifically decline any obligation
to update any such statements or to publicly announce the results of any revisions to any such statements to reflect new information,
future events or developments.
Investor
Contact
invest@fgnexus.io
Media
Contact
media@fgnexus.io
GRAPHIC
GRAPHIC
Filename: ex99-1_001.jpg · Sequence: 3
Binary file (8427 bytes)
Download ex99-1_001.jpg
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 9
v3.26.1
Cover
May 04, 2026
Document Type
8-K
Amendment Flag
false
Document Period End Date
May 04, 2026
Entity File Number
001-36366
Entity Registrant Name
FG
NEXUS INC.
Entity Central Index Key
0001591890
Entity Tax Identification Number
46-1119100
Entity Incorporation, State or Country Code
NV
Entity Address, Address Line One
6408
Bannington Road
Entity Address, City or Town
Charlotte
Entity Address, State or Province
NC
Entity Address, Postal Zip Code
28226
City Area Code
(704)
Local Phone Number
994-8279
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Entity Emerging Growth Company
false
Common Stock Par Value Per Share [Member]
Title of 12(b) Security
Common Stock, $0.001 par value per share
Trading Symbol
FGNX
Security Exchange Name
NASDAQ
Cumulative Preferred Stock Series A [Member]
Title of 12(b) Security
8.00% Cumulative Preferred Stock, Series A, $25.00
par value per share
Trading Symbol
FGNXP
Security Exchange Name
NASDAQ
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Details
Name:
us-gaap_StatementEquityComponentsAxis=FGNX_CommonStockParValuePerShareMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type:
X
- Details
Name:
us-gaap_StatementEquityComponentsAxis=FGNX_CumulativePreferredStockSeriesAMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type: