AGM Group closes $11M private placement of Class A shares
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E-mailAGM Group Holdings Inc. (NASDAQ: AGMH) announced the closing of a $11.0 million private placement of Class A ordinary shares, with the transaction completing on October 5, 2026.
Under a share purchase agreement dated September 17, 2026, the company issued shares at a purchase price of $0.6305 per share, with a par value of $0.05 per share, to a single investor for aggregate gross proceeds of up to $11.0 million.
According to the company's statement, net proceeds are intended for general corporate purposes, including working capital, project development, and other strategic initiatives.
The securities were sold under an exemption from the registration requirements of the Securities Act of 1933 and have not been registered under the Securities Act or any state securities laws.
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