AGM Group Holdings Inc. Prices Public Offering of | U.S. Markets

AGM Holdings pronounces pricing for a public offering of 16.39 million Class A shares and warrants at $0.33 every.

Quiver AI Abstract

AGM Group Holdings Inc., a technology company centered on high-performance {hardware} and computing gear, has introduced a public offering of 16,390,000 Class A peculiar shares alongside warrants to buy an equal quantity of shares, priced at $0.33 every. This offering, anticipated to close round March 4, 2025, goals to raise roughly $5.4 million earlier than bills. The warrants are exercisable on the identical price and have particular circumstances, together with a reset provision and a cashless train option. Maxim Group LLC is the only placement agent for this offering, which is registered with the SEC. AGM Holdings makes a speciality of blockchain applied sciences and high-end cryptocurrency mining options, underlining its dedication to participating with the worldwide blockchain ecosystem. The press release consists of a disclaimer relating to forward-looking statements and directs readers to the company’s web site for more info.

Potential Positives

• The public offering of 16,390,000 Class A peculiar shares and accompanying warrants is anticipated to raise roughly $5.4 million in gross proceeds, enhancing the company’s capital assets.
• The offering helps AGM Holdings’ strategic deal with developing high-performance {hardware} and computing gear, aligning with their mission within the blockchain ecosystem.
• The profitable pricing and execution of the offering display investor curiosity and confidence in AGM Holdings’ future prospects.
• The registration assertion for the offering has been declared efficient by the SEC, guaranteeing regulatory compliance and facilitating the company’s fundraising efforts.

Potential Negatives

• Pricing of the public offering at $0.33 per share might point out a lack of confidence from buyers, doubtlessly reflecting the company’s weakened market place or valuation issues.
• The issuance of warrants might dilute current shareholders’ equity, raising issues concerning the influence on present shareholders’ worth.
• The comparatively small gross proceeds of roughly $5.4 million from the offering might recommend financial struggles in acquiring bigger funding needed for vital growth or growth.

FAQ

What’s AGM Group Holdings Inc.’s current public offering?

AGM Holdings introduced a public offering of 16,390,000 Class A peculiar shares at a mixed price of $0.33.

When is the anticipated time limit for the offering?

The offering is anticipated to close on or about March 4, 2025, subject to customary closing circumstances.

What are the small print of the accompanying warrants within the offering?

The warrants permit buy of up to 16,390,000 Class A peculiar shares, expiring 5 years from issuance at an initial price of $0.33.

How a lot gross proceeds does AGM Holdings anticipate from this offering?

AGM Holdings expects roughly $5.4 million in gross proceeds from the offering earlier than bills.

The place can I discover more details about the offering prospectus?

The prospectus will probably be accessible on the SEC’s web site and can be obtained from Maxim Group LLC.

Disclaimer: That is an AI-generated abstract of a press release distributed by GlobeNewswire. The model used to summarize this release might make errors. See the total release right here.

$AGMH Hedge Fund Exercise

We’ve got seen 5 institutional buyers add shares of $AGMH stock to their portfolio, and 5 lower their positions of their most up-to-date quarter.

Listed below are some of the biggest current strikes:

• CITADEL ADVISORS LLC eliminated 89,482 shares (-100.0%) from their portfolio in This autumn 2024, for an estimated $135,117
• UBS GROUP AG added 32,253 shares (+14.1%) to their portfolio in This autumn 2024, for an estimated $48,702
• HRT FINANCIAL LP eliminated 25,798 shares (-100.0%) from their portfolio in This autumn 2024, for an estimated $38,954
• VIRTU FINANCIAL LLC eliminated 18,456 shares (-100.0%) from their portfolio in This autumn 2024, for an estimated $27,868
• TWO SIGMA SECURITIES, LLC added 11,031 shares (+inf%) to their portfolio in This autumn 2024, for an estimated $16,656
• GROUND SWELL CAPITAL, LLC eliminated 10,953 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $18,620
• SUSQUEHANNA INTERNATIONAL GROUP, LLP eliminated 10,588 shares (-100.0%) from their portfolio in This autumn 2024, for an estimated $15,987

To trace hedge funds’ stock portfolios, take a look at Quiver Quantitative’s institutional holdings dashboard.

Full Launch

Beijing, March 02, 2025 (GLOBE NEWSWIRE) — AGM Group Holdings Inc. (“AGM Holdings” or the “Company”) (NASDAQ: AGMH), an built-in technology company specializing within the assembling and gross sales of high-performance {hardware} and computing gear, at present introduced the pricing of its public offering of 16,390,000 Class A peculiar shares and accompanying warrants to buy up to an combination of 16,390,000 Class A peculiar shares at a mixed public offering price of $0.33. The warrants will expire on the fifth anniversary from the date of issuance, will probably be exercisable instantly at an initial train price of $0.33 per share, subject to adjustment upon a one-time reset on the Reset Date (as described within the warrants), and subject to a ground price described therein. The warrants can also be exercised on an different cashless foundation pursuant to which the holder might exchange every warrant for 1.2 Class A peculiar shares.

Gross proceeds to the Firm, earlier than deducting placement agent’s charges and different offering bills, are anticipated to be roughly $5.4 million. The offering is anticipated to close on or about March 4, 2025, subject to the satisfaction of customary closing circumstances.

Maxim Group LLC is appearing as sole placement agent in reference to the offering.

The securities above are being provided pursuant to a registration assertion on Type F-1, as amended, (File No. 333-282420) which was declared efficient by the Securities and Alternate Fee (the “SEC”) on February 28, 2025. A closing prospectus referring to the offering will probably be filed with the SEC and will probably be accessible on the SEC’s web site at

http://www.sec.gov

. The offering is being made solely by means of a prospectus forming half of the efficient registration assertion. Digital copies of the prospectus referring to this offering, when accessible, can also be obtained from Maxim Group LLC, 300 Park Avenue, sixteenth Flooring, New York, New York 10022, Consideration: Syndicate Division, by phone at (212) 895-3745 or by e-mail at

[email protected]

.

This press release shall not represent an offer to promote or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or different jurisdiction by which such offer, solicitation or sale can be illegal previous to the registration or qualification beneath the securities legal guidelines of any such state or different jurisdiction.

About AGM Group Holdings Inc.

AGM Group Holdings Inc. (NASDAQ:

AGMH

) is an built-in technology company specializing within the assembling and gross sales of high-performance {hardware} and computing gear. With a mission to change into a key participant and contributor within the world blockchain ecosystem, AGMH focuses on the analysis and development of blockchain-oriented Software-Particular Built-in Circuit (ASIC) chips, the assembling and gross sales of high-end crypto miners for Bitcoin and different cryptocurrencies. For more info, please go to

www.agmprime.com

.

Ahead-Wanting Statements

Sure statements on this announcement are forward-looking statements. These forward-looking statements contain identified and unknown dangers and uncertainties and are based mostly on the Firm’s present expectations and projections about future occasions that the Firm believes might have an effect on its financial situation, outcomes of operations, business strategy and financial wants. Traders can establish these forward-looking statements by phrases or phrases akin to “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or related expressions. The Firm undertakes no obligation to replace or revise publicly any forward-looking statements to replicate subsequent occurring occasions or circumstances, or modifications in its expectations, besides as could also be required by law. Though the Firm believes that the expectations expressed in these forward-looking statements are affordable, it can not guarantee you that such expectations will turn into right, and the Firm cautions buyers that precise outcomes might differ materially from the anticipated outcomes and encourages buyers to review different components which will have an effect on its future leads to the Firm’s registration assertion and different filings with the U.S. Securities and Alternate Fee.

For more info, please contact:

AGM Group Holdings Inc.

Electronic mail:

[email protected]

Web site:

http://www.agmprime.com

Ascent Investor Relations LLC

Tina Xiao

President

Cellphone: +1-646-932-7242

Electronic mail:

[email protected]

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