# EDGAR Filing Document

**Accession Number:** 0001591890
**File Stem:** 0001493152-25-027620
**Filing Date:** 2025-12
**Character Count:** 8471
**Document Hash:** d8b1c90d5f7e9f7506c136154219887b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-25-027620.hdr.sgml**: 20251212

**ACCESSION NUMBER**: 0001493152-25-027620

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251211

**FILED AS OF DATE**: 20251212

**DATE AS OF CHANGE**: 20251212

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Cerminara Kyle
- **CENTRAL INDEX KEY:** 0001619991

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36366
- **FILM NUMBER:** 251569848

**MAIL ADDRESS:**
- **STREET 1:** C/O FUNDAMENTAL GLOBAL INVESTORS, LLC
- **STREET 2:** 108 GATEWAY BLVD., SUITE 204
- **CITY:** MOORESVILLE
- **STATE:** NC
- **ZIP:** 28117
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FG Nexus Inc.
- **CENTRAL INDEX KEY:** 0001591890
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 461119100
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 6408 BANNINGTON ROAD
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28226
- **BUSINESS PHONE:** (704) 994-8279

**MAIL ADDRESS:**
- **STREET 1:** 6408 BANNINGTON ROAD
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28226

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Fundamental Global Inc.
- **DATE OF NAME CHANGE:** 20240229

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FG Financial Group, Inc.
- **DATE OF NAME CHANGE:** 20201214

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** 1347 Property Insurance Holdings, Inc.
- **DATE OF NAME CHANGE:** 20131113

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Cerminara Kyle<br><sub>(Last) (First) (Middle)</sub><br>C/O FG NEXUS INC.<br>6408 BANNINGTON RD<br><sub>(Street)</sub><br>CHARLOTTE, NC 28226<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-12-11 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [X] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_CEO and Chairman_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>FG Nexus Inc. [ FGNX ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2025-12-11 |  | A |  | 6794<sup>(1)</sup> | A | $0 | 153321 | D |  |
| Common Stock |  |  |  |  |  |  |  | 301 | I | By 401(k) Plan |
| Common Stock |  |  |  |  |  |  |  | 450 | I | By Spouse |
| Common Stock |  |  |  |  |  |  |  | 167 | I | By Minor Children |
| Common Stock |  |  |  |  |  |  |  | 200000 | I | Cerminara Capital LLC |
| Common Stock |  |  |  |  |  |  |  | 529965<sup>(2)</sup> | I | FG Financial Holdings, LLC |
| Common Stock |  |  |  |  |  |  |  | 100000<sup>(2)</sup> | I | Fundamental Global Holdings LLC |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Common Stock Purchase Warrant | $5.00 |  |  |  |  |  |  | 2025-09-05 | 2035-09-05 | Common Stock | 225000 |  | 225000 | I | By Cerminara Capital LLC |
| Pre - Funded Common Stock Purchase Warrant | $0.001 | 2025-09-05 | 2025-09-05 | X<sup>(3)</sup> |  |  | 200000 | 2025-09-05 | 2025-09-05 | Common Stock | 200000 | $4.99 | 0 | I | By Cerminara Capital LLC |
| Pre - Funded Common Stock Purchase Warrant | $0.001 | 2025-09-05 | 2025-09-05 | X<sup>(3)</sup> |  |  | 100000 | 2025-09-05 | 2025-09-05 | Common Stock | 100000 | $4.99 | 0 | D |  |
| Pre - Funded Common Stock Purchase Warrant | $0.001 | 2025-09-05 | 2025-09-05 | X<sup>(3)</sup> |  |  | 100000 | 2025-09-05 | 2025-09-05 | Common Stock | 100000 | $4.99 | 0 | I | Fundamental Global Holdings LLC |
| Pre - Funded Common Stock Purchase Warrant | $0.001 | 2025-09-05 | 2025-09-05 | X<sup>(3)</sup> |  |  | 200000 | 2025-09-05 | 2025-09-05 | Common Stock | 200000 | $4.99 | 0 | I | FG Financial Holdings, LLC |

---

### Footnotes:

(1) Represents restricted stock units ("RSUs") granted under the 2021 Equity Incentive Plan as director fee payment in lieu of cash. All RSUs vested on grant date. Each RSU represents a contingent right to receive one share of common stock of the Company.

(2) FG Financial Holdings LLC ("FGFH") and Fundamental Global Holdings LLC ("FGH") beneficially own in the aggregate 529,965 and 100,000 shares of FG Nexus Common Stock, respectively. Fundamental Global GP LLC ("FGGP"), which is an affiliate of FGFH and FGH, may be deemed to be a beneficial owner of the securities disclosed as directly owned by FGFH and FGH. Due to Mr. Cerminara's position with FGGP and affiliated entities, Mr. Cerminara may be deemed to be beneficial owner of the securities disclosed as directly owned by FGFH and FGH. Mr. Cerminara disclaims beneficial ownership of the shares of FG Common Stock beneficially owned by FGFH, FGH, and FGGP except to the extent of his pecuniary interest therein.

(3) The Pre-Funded Common Stock Purchase Warrants were exercised automatically on September 5, 2025 upon the effectiveness of articles of amendment to the Company's amended and restated articles of incorporation.

**Signature:** /s/ Kyle Cerminara  
**Date:** 2025-12-12

**Signature:** By: /s/ Cerminara Capital LLC  
**Date:** 2025-12-12

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**