AGM Group Receives Notification from Nasdaq Regarding Delayed Filing of Form 20-F
AGM Group (NASDAQ:AGMH) received a Nasdaq notification on May 18, 2026 for not timely filing its 2025 Form 20-F with the SEC, triggering non-compliance with Listing Rule 5250(c)(1).
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Rhea-AI Summary
AGM Group (NASDAQ:AGMH) received a Nasdaq notification on May 18, 2026 for not timely filing its 2025 Form 20-F with the SEC, triggering non-compliance with Listing Rule 5250(c)(1).
The notice has no immediate effect on listing; AGMH has up to 60 days to submit a compliance plan.
Positive
- Nasdaq notice has no immediate impact on AGMH share listing or trading
- Company may receive up to 180 days, until November 11, 2026, to regain compliance
- AGMH is working to complete and file the 2025 Form 20-F promptly
Negative
- AGMH is currently non-compliant with Nasdaq Listing Rule 5250(c)(1)
- Annual report on Form 20-F for 2025 was not filed by the deadline
- Failure to regain compliance could ultimately risk Nasdaq listing status
Details
News Market Reaction – AGMH
On May 27, the first trading day after this news, AGMH closed 6.20% below the previous close.
Data tracked by StockTitan Argus for the May 27 session.
Key Figures
- Shelf registration size
- US$60,000,000
- Form F-3 shelf filed 2026-01-21
- Resale registration shares
- 25,000,000 Class A Ordinary Shares
- F-1 resale by L1 Capital
- Equity line capacity
- US$25 million
- Equity line of credit facility
- Warrant shares
- 608,777 shares
- Five-year warrant under equity line deal
- Warrant exercise price
- $2.4639 per share
- Five-year warrant terms
- Equity line term
- 24-month
- Duration of equity line of credit
- CEO Class B holdings
- 1,200,000 Class B Ordinary Shares
- Form 3 filed 2026-03-18
- CEO voting power
- 74.75% of total voting power
- Dual-class share structure
Historical Context
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Announced RWA tokenization MOU and Kraken AI server mass production plans.
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Signed LOI with MusicDog.ai to build vertically integrated AI ecosystem.
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Launched program to secure top-tier NAND and accelerate AI storage R&D.
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Completed up-to US$25M equity line and convertible notes for AI R&D.
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Closed US$25M ELOC and issued five-year warrant for 608,777 shares.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
form 20-f regulatory
nasdaq listing rule 5250(c)(1) regulatory
securities and exchange commission regulatory
nasdaq listing rules regulatory
compliance plan regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, May 26, 2026 (GLOBE NEWSWIRE) -- AGM Group Holdings Inc. (NASDAQ: AGMH, “AGMH” or the “Company”), an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment, today announced that it received a notification letter dated May 18, 2026 (the "Notification Letter") from Nasdaq notifying that the Company is not in compliance with the requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) since the Company did not timely file its annual report on Form 20-F for the fiscal year ended December 31, 2025 (the "2025 Form 20-F") with the Securities and Exchange Commission (the "SEC").
The Notification Letter has no immediate effect on the listing or trading of the Company's shares on Nasdaq. Pursuant to the Nasdaq Listing Rules, the Company has 60 calendar days from the date of the Notification Letter to submit a plan to regain compliance with Nasdaq Listing Rules (the "Compliance Plan"). If Nasdaq accepts the Compliance Plan, it may grant the Company an exception of up to 180 calendar days from the due date of the 2025 Form 20-F, or until November 11, 2026, to regain compliance.
AGM Group continues to work diligently to complete the 2025 Form 20-F and file it with the SEC as soon as reasonably practicable. The Company expects to submit a plan to regain compliance or file its Form 20-F within the timeline prescribed by Nasdaq.
This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a notification of deficiency.
About AGM Group Holdings Inc.
AGM Group Holdings Inc. (NASDAQ: AGMH) is an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment. With a mission to become a key participant and contributor in the global blockchain ecosystem, AGMH focuses on the research and development of blockchain-oriented application-specific integrated circuit chips, the assembling and sales of high-end crypto miners for Bitcoin and other cryptocurrencies. For more information, please visit: www.agmhgroup.com
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "approximates," "assesses," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission.
For more information, please contact:
AGM GROUP HOLDINGS INC.
Investor Relations Department
Email: ir@agmhgroup.com
https://www.agmhgroup.com/
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