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Fundamental Global Inc. (FGNX) | September 5, 2025
By Ethan Davis
Fundamental Global Inc. has officially changed its name to FG Nexus Inc. through a Certificate of Amendment with the State of Nevada.
The amendment includes an increase in authorized shares of common stock, preferred stock, and Series A 8% cumulative Preferred stock.
The conversion of automatic exercise pre-funded warrants to common shares has raised the outstanding share count to over 35 million.
- The name change signifies a strategic shift towards a more focused entity defined by the new name, FG Nexus Inc.
- The increase in authorized shares indicates a potential for future capital raising activities and expansion initiatives.
- The expansion of outstanding shares may impact the Company's market capitalization and shareholder equity position significantly.
The Certificate of Amendment marks a significant milestone in FG Nexus Inc.'s corporate evolution, reflecting a broader vision and growth trajectory.