AGM Group Holdings Inc. $(AGMH)$ announced a 50-for-1 share consolidation effective June 3, 2025. This move will reduce the number of Class A ordinary shares from 98.7 million to approximately 1.97 million and Class B shares from 2.1 million to around 42,000. The consolidation will not alter shareholders' percentage interest in the company. AGM's shares will continue trading on the Nasdaq under the same symbol but with a new CUSIP number.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.