Fundamental Global Inc. shares fall 46.36% intraday after filing a $5 billion shelf registration statement.

Fundamental Global Inc. dropped 46.36% intraday, with the company filing a $5 billion shelf registration statement with the SEC, which includes an 'at the market offering' prospectus covering the issuance and sale of $4 billion shares of common stock. This significant capital framework in the ETH digital asset treasury space may have caused investor concern, leading to the stock's decline.