Fundamental submits a $5 billion temporary registration application to support Ethereum's share increase strategy

According to Foresight News, Fundamental Global, a fund management company specializing in Ethereum, announced that it will rename FG Nexus Inc., announced that it has submitted a $5 billion temporary registration application to the U.S. Securities and Exchange Commission (SEC), thus establishing one of the largest capital frameworks in the field of Ethereum’s digital asset fund management. The document contains a “market issue” (ATM) prospectus covering the issuance, issuance and sale of $4 billion of common shares that may be issued and sold from time to time. This registration will provide FG Nexus with financial flexibility to execute opportunistic financing.
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