Ethereum Treasury Company FG Nexus announces a 1:5 reverse stock split

MarsBitNews · 2026-02-09T13:09:32+00:00

The Ethereum treasury company FG Nexus, listed on NASDAQ, announced a 1-for-5 reverse stock split, reducing the number of outstanding shares from approximately 32,776,200 to 6,555,200, and the authorized shares will be reduced to 180 billion. The reverse split will take effect on February 13, 2026, with the stock ticker symbol "FGNX".

MarsBitNews

2026-02-09 13:09:32

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Mars Finance reports that according to Globenewswire, the Nasdaq-listed Ethereum Treasury Company FG Nexus announced a 1-for-5 reverse stock split, meaning every 5 common shares will automatically consolidate into 1 share. Based on the current circulating shares of approximately 32,776,200, the number of shares outstanding after the split is expected to decrease to about 6,555,200; the authorized shares will be reduced from 900 billion to 180 billion. FG Nexus expects the reverse split to take effect officially on February 13, 2026, at 9:30 AM Eastern Time, and will also activate a new CUSIP number 30329Y403. After the split, its stock will still be traded on Nasdaq under the ticker “FGNX.”

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