FUNDAMENTAL GLOBAL INC. ANNOUNCES FORMATION OF FG CVR TRUST AND $10.00 PER SHARE SPECIAL DISTRIBUTION
Fundamental Global Inc. (NASDAQ: FGF) announced the formation of FG CVR Trust, a Delaware statutory trust, offering a special distribution to common shareholders. Shareholders of record as of August 8, 2025 will receive non-transferable Contingent Value Rights (CVRs), including an initial cash distribution of $10.00 per share expected in September 2025.
The CVR Trust, with assets valued at over $30.00 per common share, will distribute additional cash or in-kind securities as legacy assets are monetized. The company, soon to be renamed FG Nexus Inc., will retain approximately $5.00 per share in NAV and is undergoing a strategic transformation with a $200 million private placement to implement an Ethereum Treasury Strategy.
Fundamental Global Inc. (NASDAQ: FGF) ha annunciato la creazione di FG CVR Trust, un trust statutario del Delaware, che offrir脿 una distribuzione speciale agli azionisti ordinari. Gli azionisti registrati al 8 agosto 2025 riceveranno Diritti di Valore Contingente (CVR) non trasferibili, comprensivi di una distribuzione iniziale in contanti di 10,00 $ per azione prevista per settembre 2025.
Il CVR Trust, con un patrimonio valutato a oltre 30,00 $ per azione ordinaria, distribuir脿 ulteriori liquidit脿 o titoli in natura man mano che gli asset legacy verranno monetizzati. La societ脿, che presto cambier脿 nome in FG Nexus Inc., manterr脿 circa 5,00 $ per azione in valore patrimoniale netto (NAV) e sta attraversando una trasformazione strategica con un collocamento privato da 200 milioni di dollari per implementare una strategia di tesoreria basata su Ethereum.
Fundamental Global Inc. (NASDAQ: FGF) anunci贸 la creaci贸n de FG CVR Trust, un fideicomiso estatutario de Delaware, que ofrecer谩 una distribuci贸n especial a los accionistas comunes. Los accionistas registrados al 8 de agosto de 2025 recibir谩n Derechos de Valor Contingente (CVR) no transferibles, incluyendo una distribuci贸n inicial en efectivo de 10,00 $ por acci贸n prevista para septiembre de 2025.
El CVR Trust, con activos valorados en m谩s de 30,00 $ por acci贸n com煤n, distribuir谩 efectivo adicional o valores en especie a medida que se moneticen los activos heredados. La compa帽铆a, que pronto cambiar谩 su nombre a FG Nexus Inc., retendr谩 aproximadamente 5,00 $ por acci贸n en valor neto de activos (NAV) y est谩 llevando a cabo una transformaci贸n estrat茅gica con una colocaci贸n privada de 200 millones de d贸lares para implementar una estrategia de tesorer铆a basada en Ethereum.
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鞛愳偘 臧�旃橁皜 氤错喌欤茧嫻 30.00雼煬 鞚挫儊鞚� CVR Trust電� 鞙犾偘 鞛愳偘鞚� 順勱笀頇旊惃鞐� 霐半澕 於旉皜 順勱笀 霕愲姅 順勲 歃濌秾鞚� 氚半秳頃� 鞓堨爼鞛呺媹雼�. 瓿� FG Nexus Inc.搿� 靷獏鞚� 氤�瓴巾暊 鞚� 須岇偓電� 欤茧嫻 鞎� 5.00雼煬鞚� 靾滌瀽靷� 臧�旃�(NAV)毳� 鞙犾頃橂┌, 鞚措崝毽泙 鞛 鞝勲灥鞚� 鞁ろ枆頃橁赴 鞙勴暅 2鞏� 雼煬 攴滊鞚� 靷 韴瀽毳� 韱淀暣 鞝勲灥鞝� 鞝勴櫂鞚� 歆勴枆 欷戩瀰雼堧嫟.
Fundamental Global Inc. (NASDAQ : FGF) a annonc茅 la cr茅ation du FG CVR Trust, un trust statutaire du Delaware, offrant une distribution sp茅ciale aux actionnaires ordinaires. Les actionnaires inscrits au 8 ao没t 2025 recevront des Droits de Valeur Conditionnelle (CVR) non transf茅rables, incluant une distribution initiale en esp猫ces de 10,00 $ par action pr茅vue pour septembre 2025.
Le CVR Trust, avec des actifs 茅valu茅s 脿 plus de 30,00 $ par action ordinaire, distribuera des liquidit茅s suppl茅mentaires ou des titres en nature au fur et 脿 mesure de la mon茅tisation des actifs h茅rit茅s. La soci茅t茅, qui sera bient么t renomm茅e FG Nexus Inc., conservera environ 5,00 $ par action en valeur nette d'inventaire (VNI) et est en pleine transformation strat茅gique avec un placement priv茅 de 200 millions de dollars pour mettre en 艙uvre une strat茅gie de tr茅sorerie Ethereum.
Fundamental Global Inc. (NASDAQ: FGF) gab die Gr眉ndung des FG CVR Trust bekannt, eines gesetzlichen Trusts in Delaware, der eine Sonderaussch眉ttung an Stammaktion盲re anbietet. Aktion盲re, die am 8. August 2025 im Aktienregister stehen, erhalten nicht 眉bertragbare Contingent Value Rights (CVRs), einschlie脽lich einer anf盲nglichen Baraussch眉ttung von 10,00 $ pro Aktie, die im September 2025 erwartet wird.
Der CVR Trust, mit Verm枚genswerten im Wert von 眉ber 30,00 $ pro Stammaktie, wird weitere Baraussch眉ttungen oder Sachwerte verteilen, sobald Altbest盲nde monetarisiert werden. Das Unternehmen, das bald in FG Nexus Inc. umbenannt wird, beh盲lt etwa 5,00 $ pro Aktie an Nettoinventarwert (NAV) und durchl盲uft eine strategische Transformation mit einer privaten Platzierung in H枚he von 200 Millionen Dollar, um eine Ethereum-Treasury-Strategie umzusetzen.
- Initial cash distribution of $10.00 per share to shareholders
- CVR Trust assets valued at over $30.00 per common share
- $200 million private placement secured for strategic transformation
- Company retaining $5.00 per share in NAV for new blockchain strategy
- CVRs are non-transferable, limiting shareholder flexibility
- Timeline for additional distributions beyond initial payment remains uncertain
- Future distributions dependent on successful monetization of legacy assets
Insights
Fundamental Global's $10/share special distribution and trust formation unlocks $40M+ in value while pivoting to blockchain strategy with fresh $200M funding.
Fundamental Global's announcement represents a significant financial restructuring that will immediately return substantial capital to shareholders while repositioning the company for a completely new strategic direction. The company is creating the FG CVR Trust and distributing
The total value proposition is particularly noteworthy. The CVR Trust assets have an estimated book value exceeding
This restructuring coincides with the company's strategic pivot into blockchain technology. After transferring most legacy assets to the trust, the renamed FG Nexus will retain approximately
The trust will hold significant assets including cash, the Strong Technical Services operating business, and various equity holdings across multiple sectors. This structure allows for orderly monetization while giving shareholders participation rights in the legacy asset value without impeding the company's new strategic direction.
Special Distribution of Rights to Shareholders of Record as of August 8, 2025
Book Value of Trust Assets >
Charlotte, NC, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Fundamental Global Inc. (Nasdaq: FGF, FGFPP) (the 鈥淐ompany鈥� or 鈥淔undamental Global鈥�), which will soon change its name to FG Nexus Inc. (鈥淔G Nexus鈥�), today announced the formation of FG CVR Trust (the 鈥淐VR Trust鈥�), a Delaware statutory trust, for the benefit of the Company鈥檚 common shareholders of record as of the close of business on August 8, 2025.
Each of the approximately 1.3 million common shareholders of record as of the record date will receive a non-transferable Contingent Value Right (鈥淐VR鈥�) as a special distribution. The CVR will entitle holders to receive future distributions from the CVR Trust, including an initial cash distribution of
In addition to the initial cash distribution, the CVR Trust is expected to make additional distributions, either in cash or in-kind securities, over time, as it monetizes and distributes the proceeds from the liquidation of various legacy assets and businesses.
Summary Highlights:
- Record Date: August 8, 2025 鈥� shareholders of record will receive a non-transferable CVR
- Initial Distribution:
$10.00 per share in cash, expected to be paid in September 2025 - CVR Trust Assets: Estimated book value exceeds
$30.00 per common share - Distribution Structure: Future distributions may be in cash and/or in-kind securities, as assets are monetized over time
- Strategic Transformation: FG Nexus to retain approximately
$5.00 per share in net asset value (NAV) through retained holdings and launch of new strategy
As previously announced on July 30, 2025, the Company has entered into a definitive agreement for a
The assets being transferred to the CVR Trust will include cash and cash equivalents, the net assets of the Strong Technical Services operating business, and the majority of the Company鈥檚 current equity holdings and other interests, including: FG Merchant Partners, Firefly鈥疭ystems鈥疘nc, GreenFirst Forest Products Ltd., FG Communities Inc., Craveworthy Brands, FG Merger II Corp., Aldel Financial II Inc., Greenland Exploration Limited, and other holdings.
About Fundamental Global Inc.聽(soon to be FG Nexus Inc.)
Fundamental Global Inc. (Nasdaq: FGF, FGFPP) is changing its name to FG Nexus and launching a bold new strategic direction focused on blockchain innovation. As part of this transformation, the company is implementing an Ethereum Treasury Strategy, positioning itself at the forefront of digital asset finance and the tokenization of real-world assets.
The FG庐 logo and Fundamental Global庐 are registered trademarks of Fundamental Global LLC
Investor Contact:
Media Contact
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 鈥淪ecurities Act鈥�), and Section 21E of the Securities Exchange Act of 1934, as amended (the 鈥淓xchange Act鈥�). 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 鈥渁nticipate,鈥� 鈥渂elieve,鈥� 鈥渂udget,鈥� 鈥渃an,鈥� 鈥渃ontemplate,鈥� 鈥渃ontinue,鈥� 鈥渃ould,鈥� 鈥渆nvision,鈥� 鈥渆stimate,鈥� 鈥渆xpect,鈥� 鈥渆valuate,鈥� 鈥渇orecast,鈥� 鈥済oal,鈥� 鈥済uidance,鈥� 鈥渋ndicate,鈥� 鈥渋ntend,鈥� 鈥渓ikely,鈥� 鈥渕ay,鈥� 鈥渕ight,鈥� 鈥渙utlook,鈥� 鈥減lan,鈥� 鈥減ossibly,鈥� 鈥減otential,鈥� 鈥減redict,鈥� 鈥減robable,鈥� 鈥減robably,鈥� 鈥減ro-forma,鈥� 鈥減roject,鈥� 鈥渟eek,鈥� 鈥渟hould,鈥� 鈥渢arget,鈥� 鈥渧iew,鈥� 鈥渨ill,鈥� 鈥渨ould,鈥� 鈥渨ill be,鈥� 鈥渨ill continue,鈥� 鈥渨ill likely result鈥� or the negative thereof or other variations thereon or comparable terminology. In particular, discussions and statements regarding the Company鈥檚 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, fluctuations in the market price of ETH and any associated impairment charges that the Company may incur as a result of a decrease in the market price of ETH below the value at which the Company鈥檚 ETH are carried on its balance sheet, changes in the accounting treatment relating to the Company鈥檚 ETH holdings, the Company鈥檚 ability to achieve profitable operations, government regulation of cryptocurrencies and online betting, changes in securities laws or regulations such as accounting rules as discussed below, customer acceptance of new products and services including the Company鈥檚 ETH treasury strategy,聽general conditions in the global economy; risks associated with operating in the merchant banking and managed services industries, including inadequately priced insured risks and credit risk; 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; any potential conflicts of interest between us and our controlling stockholders and different interests of controlling stockholders; 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.
FAQ
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