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AGM Group Announces Closing of US$25 Million Equity Line of Credit Facility

NEW YORK, Jan. 23, 2026 (GLOBE NEWSWIRE) -- AGM Group Holdings Inc. (NASDAQ:AGMH), a publicly-listed company at US market engaged in both crypto ASIC chip design ("ASIC") and high-performance computing server production, today announced that it entered into a securities purchase agreement (the "ELOC Purchase Agreement") with an institutional investor (the "Investor"), pursuant to which the Company has the right, but not the obligation, to issue and sell, from time to time, ordinary shares of the Company to the Investor for aggregate gross proceeds of up to US$25 million, representing an equity line of credit facility (the "ELOC").

Pursuant to the ELOC Purchase Agreement, the Company may, at its discretion, deliver one or more purchase notices to the Investor from time to time, requiring the Investor to purchase a specified number of ordinary shares, subject to the satisfaction of customary conditions precedent set forth in the ELOC Purchase Agreement, including an effective resale registration statement registering the Investor's ...