AGM Group Holdings Inc. (NASDAQ: AGMH), a technology company focused on high-performance hardware and computing equipment assembly and sales, announced from Beijing on April 7, 2025, that it received a notice from Nasdaq on April 1, 2025. The notice stated that the company’s securities would be delisted because its Class A ordinary shares’ closing bid price remained below $0.10 for ten consecutive trading days as of March 31, 2025, violating Listing Rule 5810(c)(3)(A)(iii). Trading of the company’s securities on The Nasdaq Capital Market will be suspended on April 10, 2025, and a Form 25-NSE will be filed with the SEC to remove the securities from the Nasdaq Stock Market, unless the company appeals the decision to a Nasdaq Hearings Panel by April 8, 2025.

The company had previously received a letter from Nasdaq on March 13, 2025, indicating non-compliance with the minimum bid price requirement (Nasdaq Listing Rule 5550(a)(2)). This rule requires a minimum closing bid price of $1.00 per share, which the company’s Class A ordinary shares had fallen below for 30 consecutive business days. The letter granted the company 180 days, until September 9, 2025, to regain compliance, as per Listing Rule 5810(c)(3)(A).

Nasdaq Listing Rule 5810(c)(3)(A)(iii) stipulates that if a company’s security’s closing bid price is $0.10 or less for ten consecutive trading days during the compliance period specified in Rule 5810(c)(3)(A), Nasdaq’s Listing Qualifications Department will issue a delisting determination. The company’s ordinary shares’ closing bid price from March 18, 2025, to March 31, 2025, triggered this rule.

The company stated that the Staff Determination Notice does not affect its operations. AGM Group Holdings Inc. plans to appeal Nasdaq’s decision to the Panel in accordance with Nasdaq Listing Rule 5800 Series. This appeal will suspend the delisting and the filing of Form 25-NSE until the Panel makes a decision.

About AGM Group Holdings Inc.

AGM Group Holdings Inc. (NASDAQ: AGMH) is a technology firm that assembles and sells high-performance hardware and computing equipment. Aiming to be a significant player in the blockchain ecosystem, AGMH focuses on developing blockchain-oriented ASIC chips and assembling/selling high-end crypto miners for Bitcoin and other cryptocurrencies. More details are available at .

Forward-Looking Statements

This announcement contains forward-looking statements involving risks and uncertainties. These statements are based on the company’s current expectations and projections about future events and may concern its financial condition, operating results, business strategy, and financial needs. Forward-looking statements can be identified using terms like “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may,” or similar expressions. The company is not obligated to update or revise these statements to reflect new events, circumstances, or changes in expectations, except as required by law. While the company believes these expectations are reasonable, it cannot guarantee their accuracy and advises investors that actual results may differ materially. Investors are encouraged to review the company’s registration statement and other SEC filings for factors that could affect future results.

For more information, please contact:

AGM Group Holdings Inc.
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Ascent Investor Relations LLC
Tina Xiao
President
Phone: +1-646-932-7242
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