Mergers & Acquisitions ·
FG Nexus acquires 1,818,182 shares of FG Communities for $10M at $5.50 per share
FGNXFG Nexus Inc.
FG Nexus Inc. entered into a subscription agreement on September 17, 2026, to acquire 1,818,182 shares of FG Communities, Inc. for an aggregate purchase price of $10,000,001, or $5.50 per share. The transaction closed on September 21, 2026. FG Communities is a privately held real estate investment company operating a portfolio of 96 manufactured housing communities with over 4,000 home sites in North Carolina. The deal was approved by an independent special committee due to conflicts of interest involving shared officers and directors. FG Nexus Inc. operates in the financial services sector, focusing on investments in alternative assets.