AGM Group Holdings Inc. Announces Closing of $5.4 Million Offering

Core Viewpoint - AGM Group Holdings Inc. has successfully closed an offering of 16,390,000 Class A ordinary shares and accompanying warrants at a combined price of $0.33, raising approximately$5.4 million before expenses [1][2]. Group 1: Offering Details - The offering included 16,390,000 Class A ordinary shares and warrants to purchase an equal number of shares at an initial exercise price of $0.33, with a five-year expiration [1]. - The warrants can be exercised on a cashless basis, allowing holders to exchange each warrant for 1.2 Class A ordinary shares [1]. - The offering was conducted under a registration statement declared effective by the SEC on February 28, 2025 [3]. Group 2: Company Overview - AGM Group Holdings Inc. specializes in assembling and selling high-performance hardware and computing equipment, focusing on blockchain-oriented ASIC chips and high-end crypto miners for Bitcoin and other cryptocurrencies [5].