
Nasdaq Staff Affirms Listing Compliance Issues for AGM Group Holdings Inc.
AGM Group Holdings Inc. Receives Staff Determination Notice from Nasdaq and Plans to Appeal
Glenville, NY, April 07, 2025 (GLOBE NEWSWIRE) -- AGM Group Holdings Inc. (Nasdaq: AGMH), a financial technology company, today announced that it has received a Staff Determination Notice from the Nasdaq Listing Qualifications Department.
The Staff Determination Notice relates to the Company's failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2024. As a result, the Nasdaq staff has determined to delist the Company's common stock from the Nasdaq Capital Market.
The Company is disappointed with this outcome and plans to appeal the Staff Determination Notice. The appeal process will be initiated by submitting a written appeal to the Nasdaq Listing Qualifications Department.
"We are disappointed that we were not able to timely file our Annual Report and are taking this matter seriously," said Bryan Kramer, CEO of AGM Group Holdings Inc. "We are committed to resolving this issue as quickly as possible and are confident that our appeal will be successful."
The Company will continue to work diligently to resolve this matter and will provide updates as more information becomes available.
About AGM Group Holdings Inc.
AGM Group Holdings Inc. is a financial technology company that provides a range of financial services, including online trading, investment advisory services and wealth management. The Company's mission is to provide innovative and accessible financial solutions to individuals and institutions worldwide. For more information, please visit our website at www.agmgroup.com.