FG Nexus initiates $200 million share buyback program

* FG Nexus (NASDAQ:FGNX [https://seekingalpha.com/symbol/FGNX]) has planned to initiate its previously announced share repurchase program of $200 million
* The company is entering into an agreement with ThinkEquity to immediately begin buyback purchases.
* The Company will seek to purchase shares for less than NAV per share, which is currently estimated to be approximately $5.10 per share as of October 20, 2025.
* ThinkEquity will make its rule 10b-18 purchases (as defined in Rule 10b-18 of the Securities Exchange Act of 1934) in accordance with the following parameters- up to 25% of the daily trading volume while the stock trades below $5.00 per share.
* FGNX +3.5% premarket to $3.79
* Source: Press Release [https://seekingalpha.com/pr/20271482-fg-nexus-initiates-200-million-share-buyback-program]

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