FGNX news

FG Nexus plans to rebrand as FG Communities Holdings, Inc. and pivot to acquiring land-lease affordable housing communities, backed by a $10M investment.

FG Nexus repurchased approximately $48 million of stock since September 2026, constituting 46% of outstanding shares. The company continues to evaluate further capital allocation.

FG Nexus Inc. and executive Maja Vujinovic signed a separation agreement effective June 30, 2026. The resignation package includes severance, bonus payments, and stock warrants.

FG Nexus Inc. modified the employment agreement of Jose Vargas, reducing his base salary to $30,000 with adjustments only for minimum wage compliance. The significant salary reduction may indicate financial constraints or organizational restructuring at the company.

FG Nexus announced a $0.50 per share quarterly cash dividend on its 8.00% Cumulative Preferred Stock, Series A, payable June 15, 2026 to shareholders of record June 1, 2026. The company has maintained consecutive quarterly dividend payments for 33 quarters, demonstrating consistent capital returns t…