FG Nexus Approves 1-for-5 Reverse Stock Split

FG Nexus Board of Directors has approved a one-for-five reverse stock split of the Company's outstanding common stock. The reverse split is expected to become effective at 9:30 a.m. Eastern Time on February 13, 2026. The Company's common stock has been assigned a new CUSIP number, 30329Y403, in connection with the reverse stock split. Following the reverse split, every five shares of FG Nexus common stock will be automatically exchanged into one share of common stock. The Company's common stock will continue to trade on Nasdaq under the symbol "FGNX". The reverse split will reduce the number of outstanding shares of common stock from 32,776,218 shares outstanding as of today to approximately 6,555,243 shares and potentially proportionally increase the per-share price of the common stock. The reverse stock split will also proportionally reduce the Company's shares of common stock authorized for issuance from 900 billion shares to 180 billion shares. No fractional shares will be issued in connection with the reverse split. Shareholders who would otherwise receive fractional shares will receive cash payments in lieu of such fractional shares.