FG Nexus is implementing a reverse stock Chia effective February 13, 2026, reducing the number of shares authorized for issuance from $900 billion to $180 billion in an effort to attract institutional investors as the price falls from $41 to $1.93.
FG Nexus Inc. announced today that its Board of Directors has approved a one-for-five reverse stock Chia , scheduled to take effect Friday, February 13, 2026, to address the severe decline in its share price and increase its attractiveness to institutional investors.
Accordingly, every five existing common shares will be automatically converted into one new common share; for example, a shareholder owning 100 shares before the Chia will have 20 shares after the process is complete.
The company's common stock has been assigned a new CUSIP ticker symbol, 30329Y403, in preparation for the change, but will continue to be listed on the Nasdaq Capital Market under its current ticker symbol, FGNX.
Kyle Cerminara, Chairman and CEO of FG Nexus, said the goal of the move is to make the stock more attractive to institutional investors, who typically avoid undervalued stocks. By consolidating the number of outstanding shares, the company expects the price per share to increase proportionally to the Chia .
Currently, the company has 32,776,218 outstanding common shares, and after the Chia takes effect, this number will decrease to approximately 6,555,243 shares. Simultaneously, the number of common shares authorized for issuance will also decrease from 900 billion to 180 billion shares. The company stated that it will not issue fractional shares; instead, the transfer agent, Broadridge Financial Solutions, will make cash payments corresponding to the fractional shares.
Ethereum vault and share buyback strategy
In reverse stock Chia , investors are often concerned about potential losses; however, the total value of the investment remains intact, and the rights and benefits associated with the common stock do not change. Recent market data shows that FG Nexus stock price has fallen sharply from its 52-week high of over $41 to a recent Dip around $1.93, reflecting significant selling pressure amid the volatile cryptocurrency market.
The company is now among the growing group of businesses using cryptocurrencies as core treasury assets, while clearly stating its ambition to become a gateway to digital asset-driven finance. This strategy includes Staking Ethereum for rewards and building a platform for Tokenize real-world assets (RWA). As of the end of January 2026, FG Nexus reported holding 37,594 ETH, demonstrating a strong commitment to crypto assets despite market volatility.
The company is also very active in share buybacks, with nearly 10 million shares repurchased between late 2025 and early 2026. CEO Kyle Cerminara believes that repurchasing shares when the trading price is below the company's net asset value (NAV) is an effective way to increase value for remaining shareholders, reflecting confidence in the long-term prospects of the Ethereum treasury strategy and the digital finance business model.
