FGNX 8-K
FG Nexus Inc. (FGNX)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 7.01 Regulation FD
Fundamental Global Inc. (the “Company”) issued a press release on August 14, 2025, announcing the Company’s appointment of two distinguished crypto industry leaders to its Board of Directors: Maja Vujinovic, CEO of the Company’s Digital Assets division, and Jose Vargas, Head of Business Development of the Company’s Digital Assets division (the “Press Release”). A copy of Press Release is attached hereto as Exhibit 99.1 and incorporated into this Item 7.01 by reference.
As provided in General Instruction B.2 of Form 8-K, the information in this Item 7.01 and Exhibit 99.1 is “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of such section nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
| Exhibit | Description | |
| 99.1 | Press Release Issued by Fundamental Global Inc. on August 14, 2025 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| FUNDAMENTAL GLOBAL INC. | ||
| Date: August 14, 2025 | By: | /s/ Mark D. Roberson |
| Name: | Mark D. Roberson | |
| Title: | Chief Financial Officer | |
Exhibit 99.1
FUNDAMENTAL GLOBAL INC. STRENGTHENS BOARD OF DIRECTORS WITH APPOINTMENT OF BLOCKCHAIN PIONEER MAJA VUJINOVIC AND SUCESSFUL SERIAL ENTERPRENEUR & VENTURE CAPITALIST JOSE VARGAS
Strategic Leadership Additions Reinforce Company’s Ethereum Treasury Strategy and Public Markets Expertise
Charlotte, NC – August 14, 2025 – Fundamental Global Inc. (Nasdaq: FGNX, FGNXP) (the “Company” or “FG Nexus”), the premier Ethereum pure-play treasury company, today announced the appointment of two distinguished industry leaders to its Board of Directors: Maja Vujinovic, CEO of Digital Assets, and Jose Vargas, Head of Business Development.
“These strategic Board appointments bring together Maja’s pioneering work in digital assets and institutional blockchain adoption and Jose’s proven record of building and scaling innovative financial and technology companies, creating the ideal governance structure as we execute our Ethereum acquisition strategy. Their combined expertise, alongside our current board, positions FG Nexus to capitalize on Ethereum’s role as the foundation of digital finance and the settlement layer for the majority of stablecoins, DeFi protocols, and tokenized assets and deliver value to our shareholders,” said Kyle Cerminara, CEO and Chairman of FG Nexus.
Maja Vujinovic, who currently serves as CEO of Digital Assets at FG Nexus, is an early pioneer, investor, and operator in cryptocurrencies, blockchain, and AI. Her industry-shaping contributions include acquiring the first bank for Tether and serving as CIO of Emerging Technologies at GE, where she launched one of the first institutional-grade finance transactions on blockchain in 2015.
Jose Vargas, Head of Business Development of Digital Assets at FG Nexus, is a seasoned entrepreneur and business builder with a track record of successful exits, including BrokersWeb, BlueKite, AutoWeb, and Healthcare.com. As an early investor in one of the world’s largest Digital Asset Treasury (DAT) companies, Jose brings deep expertise in digital asset treasury strategies and a strong background in scaling innovative ventures that deliver shareholder value.
Fundamental Global Inc.
Fundamental Global Inc. (Nasdaq: FGNX, FGNXP), (the “Company” or “FG Nexus”), is on the Ethereum Standard, and singularly focused on becoming the largest corporate holder of ETH in the world by an order of magnitude. In order to enhance our ETH YIELD, the Company will stake and restake, serving as a strategic gateway into Ethereum-powered finance, including tokenized RWAs and stablecoin yield.
The FG® logo and Fundamental Global® are registered trademarks of Fundamental Global LLC.
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 “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). 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 “anticipate,” “believe,” “budget,” “can,” “contemplate,” “continue,” “could,” “envision,” “estimate,” “expect,” “evaluate,” “forecast,” “goal,” “guidance,” “indicate,” “intend,” “likely,” “may,” “might,” “outlook,” “plan,” “possibly,” “potential,” “predict,” “probable,” “probably,” “pro-forma,” “project,” “seek,” “should,” “target,” “view,” “will,” “would,” “will be,” “will continue,” “will likely result” or the negative thereof or other variations thereon or comparable terminology. In particular, discussions and statements regarding the Company’s future business plans and initiatives are forward-dilooking 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’s ETH are carried on its balance sheet, changes in the accounting treatment relating to the Company’s ETH holdings, the Company’s 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’s ETH treasury strategy, 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.
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