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Posted on May 22, 2023Read on Mirror.xyz

Mining machine manufacturer AGM Group received notification letter from Nasdaq for non-compliance with listing rules

AGM Group, a blockchain ASIC chip research and development and financial technology software service company, announced that it has received a notification letter from Nasdaq that it does not comply with the continued listing rules. Annual Report on Form 20-F for the fiscal year ended December 31.

AGM Group stated that the notification letter has no immediate impact on the company's stock listing or trading on Nasdaq, and will strive to complete the 20-F form and within the time limit specified by Nasdaq (60 calendar days from the date of the notification letter) day) to file a plan for re-compliance or file their 20-F form.

It is reported that AGM Group Holdings Inc. was established in April 2015 and is headquartered in Beijing. It provides blockchain-oriented ASIC chip research and development, Bitcoin and other encrypted currency high-end mining machine production and financial technology software services.