FGNXP

EX-99.1

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EX-99.1

Exhibit 99.1

FG NEXUS ANNOUNCES THIRD QUARTER HIGHLIGHTS AND SHAREHOLDER UPDATE

Charlotte, NC – November 20, 2025 – FG Nexus (Nasdaq: FGNX, FGNXP) (the “Company” or “FG Nexus”), today provided key highlights for the period ended September 30, 2025.

Key Operational Highlights During the Third Quarter of 2025

● Launched strategy focused on digital asset treasury and RWA tokenization

◌ Completed $200 million capital raise

◌ Signed partnership with Securitize to natively tokenize FGNX and FGNXP

● Streamlined operations to facilitate new strategy

◌ Distributed legacy operations and assets to CVR Trust

◌ Announced plans to sell remaining portion of reinsurance business and Quebec real estate

● Implemented actions to increase NAV and enhance shareholder value

◌ Announced $200 million common share buyback program

Key Balance Sheet Metrics (all amounts as of September 30, 2025):

● Total ETH Holdings: 50,778 ETH

● Cash and Cash Equivalents: $7.5 million

● Total Debt: $1.9 million

● Total Shareholders’ Equity: $231.0 million

● Book Value per common share: $5.80

Subsequent Updates

On October 23, 2025, the Company commenced repurchasing its common shares under its previously announced share buyback program. To support this activity, the Company borrowed approximately $10 million and sold 10,922 ETH, with proceeds being deployed to accelerate repurchases and enhance shareholder value.

To date, these actions have resulted in the repurchase of 3.4 million common shares at an average price of approximately $3.45 per share.

As of November 19, 2025, the Company holds 40,005 ETH and cash and USDC holdings of approximately $37 million. Total debt outstanding is $11.9 million, common shares outstanding are 40.1 million (including 1.3 million unconverted prefunded warrants), and net asset value per share is approximately $3.94. Refer to the Company’s website and ETH tacker at https://fgnexus.io/eth-treasury-tracker/ for additional information.

“Since commencing the buyback, we have repurchased 8% of our shares outstanding at a substantial discount to our net asset value while maintaining a strong ETH and cash balance,” said Kyle Cerminara, Chairman & CEO of FG Nexus. “We plan to continue buying back shares while our stock trades below NAV, which creates increasingly asymptotic effect on our per-share valuation metrics as the number of shares outstanding declines and net asset value per share increases.”

About FG Nexus

FG Nexus (Nasdaq: FGNX, FGNXP) (the “Company”) is focused on building a digital asset treasury and a leading platform for the tokenization of real-world assets. To enhance the yield on its treasury, the Company will stake its ETH and implement additional yield strategies while positioning itself as a strategic gateway into digital-asset-powered finance, including tokenized RWAs and stablecoin-based yield solutions. The FGNX® logo is a registered trademark.

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-looking 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 pric

EX-99.1

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Exhibit 99.1

Fundamental Global Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

Mooresville, NC – April 1, 2025 - Fundamental Global Inc. (Nasdaq: FGF, FGFPP) (the “Company” or “Fundamental Global”) today announced results for the fourth quarter and full year ended December 31, 2024.

Kyle Cerminara, Chairman and Chief Executive Officer commented, “During 2024, we implemented initiatives to consolidate multiple public companies and streamline and simplify our operating structure. We successfully completed three merger transactions, monetized one of our real estate holdings, and continued to drive operating profit improvements in our managed services business. Recently, we announced an agreement for the sale of a portion of our reinsurance business for $5.6 million which we expect to close in the first half of 2025.”

“Our balance sheet is strong, with $109 million in total assets, nominal long-term debt and $74 million in stockholders’ equity. As part of our ongoing strategic evaluation, we will continue to focus on streamlining and simplifying our operations and increasing capital allocated to cash flow producing assets.”

Key Operational Highlights:

● In February 2024, the Company completed its merger with FG Group Holdings Inc. to consolidate operations, reduce operating costs and streamline the Company’s operations.

● In April 2024, the Company completed the sale of its Digital Ignition facility in Alpharetta, Georgia significantly reducing general and administrative expenses and long-term debt obligations.

● In September 2024, the Company completed the sale of its Strong/MDI Screen Systems, Inc. operating subsidiary for approximately $30 million and launched Saltire Capital Ltd. as a Canadian public company.

● In September 2024, the Company completed its merger with Strong Global Entertainment, Inc. to further reduce operating expenses and streamline the Company’s operations.

●

In October 2024, our merchant banking team announced the closing of an initial public offering for Aldel Financial II Inc., a SPAC client for the Company.

● In February 2025, our merchant banking team announced the closing of an initial public offering for FG Merger II Corp., a SPAC client for the Company.

● In March 2025, the Company executed an agreement for the sale of a portion of its reinsurance business for $5.6 million.

Financial Highlights

Note: The financial results reflect the Company’s performance following the reverse merger between Fundamental Global Inc. and FG Group Holdings, Inc. Consequently, the financial results for periods prior to the merger include only the operations of FG Group Holdings, while results after February 29, 2024, reflect the combined operations of Fundamental Global. Additionally, the results of Strong/MDI and the Company’s reinsurance operations have been reclassified as discontinued operations and are not included in the results of continuing operations.

As of December 31, 2024, the Company’s key balance sheet items included:

● Total assets of $109.5 million, an increase of $47.3 million from December 31, 2023. Assets included equity holdings of $60.1 million, which included directly or indirectly held positions in Saltire Capital, Ltd., GreenFirst Forest Products, Inc., Firefly Media Systems Inc., OppFi Inc., FG Communities, Inc., Craveworthy LLC, and other holdings.

● Total stockholders’ equity of $74.2 million, an increase of $37.2 million from December 31, 2023, reflecting the increased scale of the Company following the merger transactions and consolidation initiatives.

●

Short- and long-term debt totaled $2.4 million, a decrease of $5.4 million

from December 31, 2023.

Revenue during 2024 increased $0.3 million or 1.5% to $17.3 million for the year. Revenue from managed services increased $5.5 million or 20.7% to $32.0 million on increasing demand from entertainment operators and contributions from the acquisition of Innovative Cinema Solutions in late 2023. Revenue growth from managed services was partially offset by increased non-cash equity method losses in the current year period.

Net loss attributable to common shareholders improved to $2.6 million for the year from a loss of $14.1 million in the prior year primarily due to the $21.8 million gain on the sale of Strong/MDI recognized during the year and improved performance in managed services. Net loss from continuing operations increased to $22.9 million from $12.3 million for the year. Stronger gross profit from managed services was offset by the addition of expenses of FGF which are not included in the periods prior to the merger and increased non-cash equity method losses.

Net loss per common share improved to $2.43 from $35.22 per common share in the prior year and net loss per common share from continuing operations improved to $22.84 from $29.38. The improvements are primarily due to the $21 million gain on the sale of Strong/MDI recognized during the 2024, as well

EX-99.1

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Exhibit 99.1

Fundamental Global Inc. Reports Third Quarter 2024 Financial Results

Mooresville, NC – November 14, 2024 - Fundamental Global Inc. (Nasdaq: FGF, FGFPP) (the “Company” or “Fundamental Global”) today announced results for the third quarter ended September 30, 2024.

Kyle Cerminara, Chairman and Chief Executive Officer commented, “Earlier this year, we outlined our commitment to streamline operations, reduce operating costs, and bolster liquidity. Additionally, we aimed to alleviate the financial and administrative demands of operating multiple public companies while reinforcing our balance sheet. We are pleased to report significant progress in these areas and are on track to achieve these goals by consolidating three public companies into a single holding company.”

“Our balance sheet is strong, with over $115 million in total assets, nominal long-term debt and over $80 million in shareholders’ equity. We recognized positive earnings per common share for the quarter reflecting the intentional and strategic impact of the completed transactions. We believe there is a significant disconnect between the value that we see in our holdings and the Company’s current market capitalization.”

Key Operational Highlights:

●In February 2024, the Company completed its merger with FG Group Holdings Inc. to consolidate holdings, reduce operating costs and streamline the Company’s operations.

●In April 2024, the Company completed the sale of its Digital Ignition facility in Alpharetta, Georgia significantly reducing general and administrative expenses and long-term debt obligations.

●In September 2024, the Company completed the sale of its Strong/MDI Screen Systems, Inc. operating subsidiary for approximately $30 million and launched Saltire Capital Ltd. as a Canadian public company.

●In September 2024, the Company completed its merger with Strong Global Entertainment, Inc. to further reduce operating expenses and streamline the Company’s operations.

●In October 2024, subsequent to the end of the current period, our merchant banking team announced the closing of an initial public offering for Aldel Financial II Inc., a SPAC client for the Company.

Third Quarter Financial Highlights

Note: The financial results for the third quarter and first nine months of 2024 reflect the Company’s performance following the reverse merger. Consequently, the financial results for periods prior to the merger include only the operations of FG Group Holdings, while results after February 29, 2024, reflect the combined operations of Fundamental Global. Additionally, the results of Strong/MDI have been reclassified as discontinued operations and are not included in the results of continuing operations.

As of September 30, 2024, the Company’s key balance sheet items included:

●Total assets of $116 million, an increase of $54 million from December 31, 2023. Assets included equity holdings of $68 million, which included directly or indirectly held positions in GreenFirst Forest Products, Inc., Firefly Media Systems Inc., Saltire Capital, Ltd., OppFi Inc., iCoreConnect, Inc., FG Communities, Inc., Craveworthy LLC, and other holdings.

●Total stockholders’ equity of $83 million, an increase of $46 million from December 31, 2023, reflecting the increased scale of the company following the merger transactions and consolidation initiatives.

●Short- and long-term debt totaled $2.7 million, a decrease of $5 million from December 31, 2023.

Fundamental Global Inc. – Fiscal Year 2024

Third Quarter 2024 Results

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Revenue increased $6.4 million or 155.8% to $10.5 million for the quarter. The primary driver of revenue growth was the addition of $4.3 million of reinsurance premium revenue following the merger and a $2.2 million increase in revenue from managed services following the acquisition of the net assets of Innovative Cinema Solutions and increasing demand for our services from cinema operators.

Net income improved to $17.7 million for the quarter from a loss of $3.3 million in the prior year primarily due to the $21 million gain on the sale of Strong/MDI recognized during the quarter and improved reinsurance and managed service performance. Net loss from continuing operations increased $1.4 million to $5.2 million for the quarter. Stronger gross profit from managed services and reinsurance was partially offset by the addition of expenses from FGF, which are not included in the prior year periods.

Earnings per share improved to $15.06 per common share from a loss of $(8.01) per common share. The increase in earnings per share is primarily due to the $21 million gain on the sale of Strong/MDI recognized during the quarter. Earnings per share from continuing operations improved to $(4.98) from $(9.28) per common share. The improvement in earnings per share from continuing operations was primarily due to increased revenue and gross profit from our managed services business and our reinsurance busi