AGM Regains Nasdaq Compliance on Minimum Bid Price Rule; Shares Surge After Hours

MT Newswires Live

06/21

AGM Group (AGMH) said Friday it was informed by Nasdaq on June 18 that the company had regained compliance with the $1 minimum bid price requirement for continued listing.

The compliance follows a June 9 decision by the Nasdaq hearings panel, which had granted AGM an extension to meet the requirement by June 16.

The company's shares were up 45% in after-hours activity.

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