The Ethereum treasury company FG Nexus announced that it will implement a 1:5 reverse stock split

According to Globenewswire, Nasdaq-listed Ethereum treasury company FG Nexus announced a 1-for-5 reverse stock split, meaning every 5 shares of common stock will automatically combine into 1 share. Based on the current outstanding shares of approximately 32.7762 million, the number of outstanding shares is expected to decrease to about 6.5552 million after the split; the authorized number of common shares will be reduced from 90 billion to 18 billion.

FG Nexus is expected to officially take effect at 9:30 AM Eastern Time on February 13, 2026, and will also adopt a new CUSIP number 30329Y403. After the split is completed, its stock will continue to trade on Nasdaq under the ticker "FGNX."