FG CVR Trust approves $10.00 per share distribution payment

FG Nexus announced that FG CVR Trust has approved a distribution payment to the holders of the contingent value rights, which were previously distributed by FG Nexus in the amount of $10 per CVR. The distribution payment, which is expected to be initiated on September 17, 2025, represents the initial cash distribution from the CVR Trust and is the first of potential additional distributions that the CVR Trust expects to make over time. The CVR Trust may make future distributions in cash or in-kind securities as the CVR Trust continues its efforts to monetize and distribute proceeds from the liquidation of its various assets and business holdings. The CVR Trust currently holds cash and cash equivalents, the net assets of the Strong Technical Services operating business, and equity holdings and other interests, including: FG Merchant Partners, FireflySystemsInc, GreenFirst Forest Products Ltd., FG Communities Inc., Craveworthy Brands, FG Merger II Corp., Aldel Financial II Inc., Greenland Exploration Limited, and other holdings. The Depository Trust Company has assigned CUSIP 303CVR013 to the CVRs. Beneficial holders of CVRs will receive the distribution payment directly through their bank or broker. Registered holders of CVRs will receive the distribution payment via US mail.