Press Releases September 24, 2026 04:15 PM

FG Nexus Inc. Announces Name Change to FG Communities Holdings Inc.

FG Nexus Inc. rebrands as FG Communities Holdings Inc. to highlight focus on affordable land-lease housing communities.

By Priya Menon
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FG Nexus Inc. has officially changed its name to FG Communities Holdings Inc. to better represent its transformation into a leading owner and operator of land-lease affordable housing communities. The company also announced ticker symbol changes on Nasdaq to FGC and FGCPP effective September 28, 2026. Management emphasized their strategic focus on investing, acquiring, and operating manufactured housing communities to drive long-term shareholder value.

FG Nexus Inc. Announces Name Change to FG Communities Holdings Inc.
FGC
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Key Points

  • Company name changed from FG Nexus Inc. to FG Communities Holdings Inc. to reflect business focus.
  • Ticker symbols on Nasdaq will change from FGNX and FGNXP to FGC and FGCPP respectively starting September 28, 2026.
  • Company is focusing on owning and operating affordable land-lease housing communities, marking an evolution from a merchant bank to a real estate operating company.
  • Sectors impacted include real estate, affordable housing, and financial markets related to real estate investment trusts (REITs).

Ticker symbols to change from FGNX and FGNXP to FGC and FGCPP on Nasdaq

Charlotte, NC, Sept. 24, 2026 (GLOBE NEWSWIRE) -- FG Nexus (Nasdaq: FGNX, FGNXP) (the “Company”) announced that it has filed a Certificate of Amendment to its amended and restated articles of incorporation with the Nevada Secretary of State. Pursuant to the Certificate of Amendment, the Company will change its name to FG Communities Holdings Inc. In conjunction with the name change, the Company’s ticker symbols on The Nasdaq Stock Market will change as follows to: FGC for its Common Stock replacing the previous symbol “FGNX” and FGCPP for its Series A Preferred Shares, replacing the previous symbol “FGNXP,” effective at market open on Monday, September 28, 2026.

Kyle Cerminara, Chairman and CEO, commented, “We have made tremendous progress evolving our business model, and the new name better reflects our transformation into a leading owner and operator of land-lease affordable housing communities. We look forward to driving sustained long-term value for our shareholders.”

About FG Nexus Inc.

FG Nexus (Nasdaq: FGNX, FGNXP) is a merchant bank and real estate focused operating company.

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, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are entitled to the protection of the safe-harbor provisions of those laws.

Forward-looking statements include statements concerning the closing and anticipated benefits of the Company’s proposed investment in FG Communities; the Company’s strategy to make direct investments in affordable housing communities; the acquisition, ownership, operation and financing of manufactured housing communities; the use of cash, debt financing and proceeds from common-stock issuances to fund acquisitions; the proposed corporate name and ticker-symbol changes; future share repurchases; the Company’s acquisition pipeline and growth strategy; and the anticipated size and long-term characteristics of the manufactured housing market.

These statements are based on management’s current expectations, assumptions, estimates and projections and involve risks and uncertainties, many of which are beyond the Company’s control. Actual results could differ materially from those expressed or implied by these statements.

Relevant risks include, among others, the Company’s ability to complete the proposed investment on anticipated terms; obtain required corporate, regulatory and Nasdaq approvals; successfully identify, finance, complete and integrate property acquisitions; obtain debt or equity financing on acceptable terms; manage leverage and potential dilution from equity issuances; realize anticipated operating and financial benefits; maintain adequate liquidity; and appropriately manage potential conflicts of interest arising from related-party transactions.

Additional risks are described in the Company’s filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of this release. The Company undertakes no obligation to update or revise any forward-looking statement except as required by law.

Contacts

Media Contact
[email protected]

Investor Contact
[email protected]


Risks

  • Ability to complete proposed investments and acquisitions on expected terms is uncertain.
  • Regulatory and stock exchange approvals needed for changes and operations may delay or complicate plans.
  • Financial risks include obtaining financing on acceptable terms, managing leverage, dilution risk from equity issuance, and liquidity management.

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