Blockchain ASIC chip development company AGM Group plans to raise $5.4 million through the issuance of common shares

Blockchain ASIC chip development company AGM Group announced that it will issue 16,390,000 Class A common shares and accompanying stock warrants at a comprehensive public offering price of $0.33. This common stock issuance is expected to raise $5.4 million in funds, with the transaction expected to be completed on March 4th local time.