NewsHK

FG Nexus Buys $10 Million Stake in FG Communities for $5.50 Per Share

9/24/2026

has completed the acquisition of a significant equity stake in FG Communities, Inc., purchasing 1,818,182 shares of common stock for an aggregate price of $10,000,001.

The transaction, which closed on September 21, 2026, valued each share at $5.50 and was executed via a subscription agreement signed on September 17, 2026.

FG Communities is a privately held, self-administered real estate investment company headquartered in North Carolina.

The firm owns and operates a portfolio of manufactured housing communities that currently includes 96 communities and over 4,000 home sites, with additional sites pending acquisition.

Keep reading

Read the full story

Open on NewsHK