Fundamental Global Inc. Modifies Its Charter in Nevada
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 05 2025
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Source: Newsfilter
Company Name Change and Share Increase: Fundamental Global Inc. has changed its name to FG Nexus Inc. and significantly increased its authorized shares, raising common stock from 4 million to 1 billion and preferred stock from 100 million to 500 million.
Conversion of Warrants and Share Count: The effective amendment triggers the conversion of automatic exercise pre-funded warrants, increasing the outstanding common shares from 1.3 million to 35.4 million, marking a pivotal milestone in the company's strategy to become the largest corporate holder of ETH.
Analyst Views on FGNXP
Wall Street analysts forecast FGNXP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FGNXP is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
