NASDAQ: FGL ยท FOUNDER GROUP LIMITED

The lowest listed stock on the Nasdaq. And a real solar company underneath it.

Founder Group builds utility-scale solar plants across Malaysia โ€” 70+ completed projects, a $128.6M portfolio, a $276M landmark deal already signed, and it's now tendering for a $3.2 billion national programme. It also carries the lowest market cap of any company on the entire Nasdaq โ€” roughly $120,000 โ€” with zero analyst coverage. We copied the ticker for a coin and pointed the fees straight at the stock.

$120K
Market cap โ€” lowest on Nasdaq
70+
Completed solar projects
1GWp+
Total capacity delivered
$128.6M
Aggregate contract value
0
Wall Street analysts covering it
THE GOAL

100x from $120,000. Be the first memecoin to buy the company.

This isn't a rebrand chasing a buzzword โ€” it's a company with real revenue, a real backlog, and a real shot at a multi-billion-dollar national programme, carrying the lowest market cap of any company on the Nasdaq. Every dollar $FGL generates goes toward one repeated trade: real FGL shares, bought on the open market, through a licensed brokerage, until the treasury holds a real, growing stake. At $120,000, a 100x isn't a fantasy multiple โ€” it's $12M, still a rounding error next to the $276M project already signed.

A $276M project already signed. A $3.2B pipeline being tendered. And a market cap that doesn't reflect either one. That's not a meme premise โ€” that's a mispricing. We're buying the difference, one fee at a time, until we're the first memecoin to actually buy the company.
BUILT FOR THE LONG TERM

Not a pump. Not a vanish act. A standing commitment.

A team launched an $FGL token on Robinhood Chain a few days ago and then went dark โ€” deleted socials, no updates, a chart nobody's watching anymore. That's the pattern this space keeps repeating: pump, cash out, disappear. That's not the plan here.

$FGL is built around an actual company with an actual multi-year order book stretching through 2029 โ€” there's no "exit" moment that makes sense when the whole premise is a decades-long buildout of Malaysia's solar grid. The treasury keeps buying. The receipts stay posted. The socials stay up. This is the one that's here to give it the run it actually deserves.

The History

Real contracts, real compliance drama, real volatility.

Every line below is sourced from SEC/Nasdaq filings and company press releases.

2021

Founded in Klang, Malaysia

Founder Group begins as an EPCC (engineering, procurement, construction, commissioning) solutions provider for solar PV systems.

Oct 30, 2024

All-time high: $526.00

Pre-reverse-split price. The stock has been on a wild ride since.

Jun 2025

MOU with GCL Systems Integration

Signs a memorandum of understanding to cooperate on renewable energy projects valued at up to $220 million.

Sep 10, 2025

Secures $2.36M contract

A 30MW large-scale solar plant EPCC contract, expected to contribute nearly 60,000 Renewable Energy Certificates.

Sep 24, 2025

Frames a $4.1B opportunity

Total EPCC contract value across Malaysia's solar sector projected to reach RM17.4B ($4.1B) by 2028.

Sep 26, 2025

The landmark deal: $276M

Announces a RM1.16 billion, 310MWp solar-plus-storage project in Sarawak, anchoring a regional green data center.

Nov 6, 2025

Nasdaq minimum bid price deficiency notice

Standard compliance letter for a stock trading below the exchange's minimum bid price requirement.

Feb 6, 2026

100-for-1 reverse stock split announced

Consolidates shares to bring the price back above Nasdaq's minimum. Effective later that month.

Febโ€“Apr 2026

Regains Nasdaq compliance โ€” twice confirmed

Letters dated Feb 17, Feb 25, and Apr 9 all confirm the company has cured its listing deficiency.

Aug 10โ€“20, 2026

Contract streak continues

Two aquaculture rooftop solar contracts (shrimp farms in Terengganu and Kedah, $1.2M and $1.4M), plus a $1.5M CGPP subcontract for a 29.99MWac facility.

Aug 25, 2026

All-time low: $0.12

The stock bottoms out even as the contract wins keep coming.

Sep 2, 2026

Targets LSS6 โ€” Malaysia's largest-ever solar tender

2,500MW of solar plus 1,250MW of battery storage, RM13โ€“15B ($3.2โ€“3.7B) in expected private investment, through 2029.

Ongoing

Building recurring revenue, not just construction jobs

Alongside project construction, Founder Group is positioning its AI-driven operations & maintenance services as a long-term recurring revenue line โ€” the part of the business that keeps earning after a plant is built.

The Backlog vs. The Price

This is the actual mispricing.

FGL carries the lowest market cap of any company listed on the Nasdaq โ€” roughly $120,000 as of this writing. (Market cap data for this stock is volatile and inconsistent across trackers day to day โ€” verify live pricing before citing an exact figure.) Whichever number you use, it's dwarfed by what's already on the books.

Malaysia's LSS6 opportunity (being tendered)
$3.2โ€“3.7B
Total Malaysia EPCC market by 2028
$4.1B
Landmark Sarawak project (signed)
$276M
Aggregate completed-project value
$128.6M
FGL's market cap โ€” lowest on Nasdaq
~$120,000
Analysts covering the stock
Zero
100x target from $120K
$12,000,000
The Mechanism

Fees in. Shares out. Receipts always.

No emissions schedule. No roadmap PDF โ€” the actual company already has one of those, with actual signed contracts behind it.

01

The coin trades

$FGL launches on Pons via Robinhood Chain โ€” same ticker as the stock, deliberately.

02

Fees accrue

Every swap generates creator fees, same as any other launch.

03

Treasury buys

Fees convert to USD and buy real FGL shares via a licensed brokerage.

04

Receipts posted

Date, shares, price, proof โ€” once the treasury wallet exists.

05

Someone notices

A company with real revenue and zero analyst coverage gets a new kind of shareholder.

06

Loop

Attention brings volume. Volume brings fees. Fees buy shares.

The Actual Company

A real, currently-operating construction business.

NameFounder Group Limited
TickerNasdaq: FGL
Founded2021
HQKlang, Selangor, Malaysia
BusinessSolar EPCC โ€” large-scale & C&I
Employees~76โ€“82
Reverse split100-for-1, Feb 2026
52-wk range$0.12 โ€“ $526.00*
ORIGINAL ILLUSTRATION โ€” NOT A REAL FACILITY
Our own sketch of a solar array โ€” not a photo of any actual Founder Group project.

*52-week high is pre-reverse-split; the 100-for-1 consolidation in Feb 2026 makes direct price comparison across that date misleading.