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Fundamental Global Plans to Issue Securities Worth Up to $5 Billion to Purchase More Ethereum

Summary: According to reports, NASDAQ-listed company Fundamental Global Inc. (FGF) has submitted an S-3 registration to the US SEC, planning to issue securities worth up to $5 billion. The majority of the funds raised will be used to purchase Ethereum, with the remaining funds supporting company operations. FGF plans to issue securities in batches and adjust ...

According to reports, NASDAQ-listed company Fundamental Global Inc. (FGF) has submitted an S-3 registration to the US SEC, planning to issue securities worth up to $5 billion. The majority of the funds raised will be used to purchase Ethereum, with the remaining funds supporting company operations. FGF plans to issue securities in batches and adjust the scale, pricing, and terms flexibly based on future circumstances.

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