Agm group holdings inc. announces receipt of nasdaq notification regarding minimum bid requirements

Beijing, march 19, 2025 (globe newswire) -- agm group holdings inc. (“agm holdings” or the “company”) (nasdaq: agmh), an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment, announced that on march 13, 2025, the company received a letter from the listing qualifications department of the nasdaq capital market (“nasdaq”) notifying the company that it is currently not in compliance with the minimum bid price requirement set forth under nasdaq listing rule 5550(a)(2), because the closing bid price of the company's class a ordinary shares was below the minimum of $1.00 per share for a period of 30 consecutive business days. this press release is issued pursuant to nasdaq listing rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. the notification has no immediate effect on the listing of the company's class a ordinary shares, which will continue to trade uninterrupted on nasdaq under the ticker “agmh”.
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