Recent Updates — AGMH
AGM Group Holdings Inc. has issued a notice for a special extraordinary meeting of shareholders to be held on October 28, 2026. The company seeks shareholder approval to repurchase 1,200,000 Class B ordinary shares from CEO and Director Bo Zhu at approximately $6.67 per share, totaling an aggregate purchase price of US$8,000,000. Upon completion, the acquired shares will be cancelled. The transaction is linked to a concurrent PIPE investment by Vastway Technology Co., Ltd. AGM Group Holdings Inc. operates in the technology and consulting sector.
The Nasdaq Stock Market notified AGM Group Holdings Inc. that its Class A ordinary shares failed to meet the minimum bid price requirement, as the closing price remained below $1.00 for 30 consecutive business days from August 27 through October 8, 2026. The company has a compliance period of 180 calendar days, ending April 7, 2027, to restore the share price to at least $1.00 for ten consecutive trading sessions. Failure to comply by this deadline may trigger an additional 180-day extension process or potential delisting proceedings. AGM Group Holdings Inc. is an integrated technology company specializing in assembling and selling high-performance hardware, computing equipment, and blockchain-oriented ASIC chips.
AGM Group Holdings completed a private placement of Class A ordinary shares to Vastway Technology Co., Ltd. for approximately US$11 million at US$0.6305 per share. The transaction grants the purchaser roughly 77.2% of outstanding shares and 63.6% of voting power. Concurrently, Ms. Jianping Niu resigned as an independent director, while Ms. Rui Zhang and Ms. Li Zhang were appointed to the board. Ms. Zhang receives US$50,000 annually in compensation. The company operates in the technology sector.
On September 17, 2026, AGM Group Holdings Inc. entered into a share purchase agreement with an investor to issue and sell Class A ordinary shares at US$0.6305 per share in a private placement for aggregate gross proceeds of up to US$11.0 million. The company operates in the financial services industry.
On September 10, 2026, AGM Group Holdings Inc. entered into a Share Transfer Agreement to sell its entire 55% equity interest in KOI Global Ltd., a British Virgin Islands-incorporated subsidiary, to Mr. Yuqiang Huang for total consideration of US$2,450,000. The transaction involves the transfer of 550 shares representing the Company's stake in the Target Company, which assists AGM Technology Limited in providing core technology services to customers in Hong Kong. Payment terms include an advance of USD 500,000 within forty-five days of execution and the remaining USD 1,950,000 within three hundred sixty calendar days from the closing date. The closing is subject to customary conditions precedent, including regulatory filings and management handover, with a deadline of December 31, 2026. Upon completion, AGM Group Holdings Inc. will cease to hold any equity interest or control in KOI Global Ltd. This company operates in the technology services industry.