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

FG Nexus, a Nasdaq-listed Ethereum treasury company, announced a 1:5 reverse stock split, meaning every 5 shares of common stock will be automatically consolidated into 1 share. The company expects the split to take effect at 9:30 AM ET on February 13, 2026, and will also adopt a new CUSIP number, 30329Y403. After the split, its shares will continue to trade on Nasdaq under the ticker symbol "FGNX". Based on the current outstanding shares of approximately 32.7762 million, the number of outstanding shares is expected to decrease to approximately 6.5552 million after the split; the number of authorized common shares will decrease from 900 billion to 180 billion. (Globenewswire)