FG Communities Holdings Inc. (Nasdaq: FGC, FGCPP) share repurchases through November 4, 2026:
Approx. 48% of common shares outstanding before the program
Approx. 33% of preferred shares outstanding before the program
The Company ended the third quarter with $35.1 million in cash, invested $10.0 million in FG Communities, Inc., and in October completed its first two direct manufactured housing acquisitions in Garner and Mars Hill, North Carolina.
“Our focus remains on acquiring quality, income-producing properties,” said Kyle Cerminara, Chairman and Chief Executive Officer.@KyleCerminaraFG
Full release: https://t.co/jkrfYixQ1v
$FGNX’s strategy to acquire affordable housing communities & invest $10M in FG Communities marks the next step in its previously announced transition into a real estate operating company focused on acquiring & managing land-lease affordable housing communities. https://t.co/DxOGRWHjEv
FG Nexus CEO Kyle Cerminara comments on the Company’s strategy to acquire affordable housing communities and invest $10M in FG Communities, marking a key step in $FGNX’s transformation into a leading owner & operator of land-lease affordable housing communities. https://t.co/DxOGRWHjEv
$FGNX plans to change its corporate name to FG Communities Holdings, Inc. The Company also plans to change the Nasdaq ticker symbol for its common stock from FGNX to FGC & the ticker symbol for its 8.00% Cumulative Preferred Stock, Series A, from FGNXP to FGCPP. https://t.co/DxOGRWHjEv
This strategy is the next step in FG Nexus’ previously announced transition into a real estate operating company focused primarily on the acquisition and management of land-lease affordable housing communities. For details: https://t.co/V1bGiyJVOY $FGNX
FG Nexus announced that its Board of Directors has approved a strategy to acquire affordable housing communities and make a $10 million investment in FG Communities, representing approximately 10% of FG Communities. Learn more: https://t.co/V1bGiyJVOY $FGNX
$FGNX announced continued progress under its authorized common & preferred stock repurchase programs, having repurchased ~4M common shares for ~$48M, incl. commissions, representing ~46% of common shares outstanding before implementation of the program. https://t.co/dVkFmwLNMm
$FGNX intends to build a leading platform for tangible assets & believes the establishment of an in-house real estate division, & potential combination with FG Communities would provide a durable foundation for long-term growth & scalable capital formation. https://t.co/MqK9bzeo6C
Kyle Cerminara, Chairman & CEO of FG Nexus, comments on the Company's plans to establish a new real estate operating subsidiary focused primarily on the acquisition of land-lease manufactured housing properties. For more info: https://t.co/th0njfB7rd $FXNX
FG Nexus announced that the Company's Board of Directors has authorized management to proceed with the establishment of a new real estate operating subsidiary focused primarily on the acquisition of land-lease manufactured housing properties. https://t.co/th0njfB7rd $FGNX
FG Nexus has announced that it has declared a quarterly cash dividend on its 8.00% Cumulative Preferred Stock, Series A. For more details, visit: https://t.co/K286GSRxDa $FGNX
Kyle Cerminara, Chairman & CEO of FG Nexus, comments on the Company's formation of a special committee to evaluate strategic alternatives including a potential business combination to build a leading platform in affordable housing. For more info: https://t.co/kX4kaBFwUv $FGNX
FGNX intends to advance its strategy to build a leading platform for real-world assets and believes that a potential combination with FG Communities would provide a durable foundation for long-term growth & scalable capital formation. https://t.co/kX4kaBFwUv $FGNX
Initially, the FGNX's Special Committee will evaluate the previously announced potential business combination with FG Communities, Inc., a self-administered, self-managed real estate investment company. For details: https://t.co/kX4kaBFwUv $FGNX
FGNX has announced the formation of a Special Committee of the Company’s Board of Directors to evaluate strategic alternatives to enhance long-term stockholder value and further the Company’s strategic objectives. Learn more: https://t.co/kX4kaBFwUv $FGNX
$FGNX's CEO of Digital Assets @maja0G will serve as speaker and co-chair at FII Priority Miami 2026, where she will discuss how tokenization and stablecoins are reshaping capital flows, trade settlement, and the competitive positioning of nations. Read more: https://t.co/W026eFIhrf
$FGNX CEO of Digital Assets @maja0G discusses the proliferation of blockchain technology despite the crypto sell-off, noting that while prices remain volatile, blockchain technology continues to fundamentally transform our financial system.
$FGNX has declared a quarterly cash dividend on $FGNXP, its 8.00% Cumulative Preferred Stock, Series A. Read more: https://t.co/mfEFYLdCo5 @maja0G@KyleCerminaraFG@CoachJoeMoglia
$FGNX’s Board of Directors have approved a one-for-five reverse stock split of the Company's outstanding common stock, a strategic move to improve trading liquidity and broaden institutional appeal. Read more: https://t.co/bxvSCUDBDl @maja0G@KyleCerminaraFG@CoachJoeMoglia