24/7 Market News Snapshot 19 March, 2025 – AGM Group Holdings Inc. Class A Ordinary Shares (NASDAQ:AGMH)
DENVER, Colo., 19 March, 2025 (247marketnews.com) – (NASDAQ:AGMH) are discussed in this article.
AGM Group Holdings Inc. (AGMH) has experienced notable momentum in its stock performance, with the share price currently trading at approximately $0.084, reflecting an impressive gain of over 20.55%. The surge followed a high trading volume of 41.29 million shares, indicating a robust interest from investors. This dynamic activity suggests a strong market confidence in AGMH, making it a stock worthy of close attention as potential catalysts may continue to drive bullish trends in the near future.
In parallel, the Company has announced updates regarding its compliance with Nasdaq’s listing requirements. AGM Holdings recently received notification from Nasdaq’s Listing Qualifications Department regarding its listing status, as the closing bid price of its Class A ordinary shares fell below the minimum requirement of $1.00 for 30 consecutive business days. While this procedural notification, issued under Nasdaq Listing Rule 5810(b), does not affect the trading of AGM’s shares, it necessitates immediate action. Nasdaq has granted the Company a 180-day Compliance Period, which concludes on September 9, 2025, to address this deficiency and regain compliance.
Management remains optimistic about reversing the current listing status, emphasizing that achieving a closing bid price of at least $1.00 for ten consecutive business days would fulfill Nasdaq’s requirement. Furthermore, AGM Holdings may qualify for an additional 180-day grace period if it meets continued listing conditions. The Company is steadfast in its commitment to expanding its footprint in the blockchain ecosystem, focusing on the development of advanced blockchain-oriented Application-Specific Integrated Circuit (ASIC) chips and high-performance miners for Bitcoin and other cryptocurrencies. Stakeholders are encouraged to stay informed as AGM Group Holdings navigates these developments while pursuing strategic objectives in a rapidly evolving market.
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