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[6-K/A] AGM Group Holdings Inc. Amended Current Report (Foreign Issuer)

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6-K/A
Rhea-AI Filing Summary

Amended Form 6-K corrects a clerical error in the previously filed July 1, 2025 report and restates AGM Group’s current capital structure.

On 25 Jun 2025 the board:

  • Cancelled 12,000 Class B shares held by former CTO Yufeng Mi and 30,000 held by Wenjie Tang.
  • Issued 1,200,000 new Class B shares to CEO/CSO Bo Zhu for past and future services; no cash was paid.

After these actions the company has 3,174,163 shares outstanding (1,974,163 Class A; 1,200,000 Class B). Class A carries one vote, Class B five votes. Bo Zhu now owns 37.81 % of equity but controls 75.24 % of total voting power.

The dual-class structure makes AGMH a “controlled company” under Nasdaq rules, allowing optional exemptions from certain corporate-governance requirements. No financial results, earnings data or operational updates are included.

Modulo 6-K Rettificato corregge un errore clericale nel rapporto precedentemente presentato il 1° luglio 2025 e aggiorna la struttura del capitale attuale di AGM Group.

Il 25 giugno 2025 il consiglio ha:

  • Annullato 12.000 azioni di Classe B detenute dall'ex CTO Yufeng Mi e 30.000 detenute da Wenjie Tang.
  • Emesso 1.200.000 nuove azioni di Classe B al CEO/CSO Bo Zhu per servizi passati e futuri; non è stato effettuato alcun pagamento in contanti.

Dopo queste operazioni la società ha 3.174.163 azioni in circolazione (1.974.163 di Classe A; 1.200.000 di Classe B). Le azioni di Classe A attribuiscono un voto ciascuna, quelle di Classe B cinque voti. Bo Zhu ora possiede il 37,81% del capitale ma controlla il 75,24% del potere di voto totale.

La struttura a doppia classe rende AGMH una “società controllata” secondo le regole del Nasdaq, permettendo esenzioni opzionali da alcuni requisiti di governance aziendale. Non sono inclusi risultati finanziari, dati sugli utili o aggiornamenti operativi.

Formulario 6-K Modificado corrige un error clerical en el informe presentado anteriormente el 1 de julio de 2025 y actualiza la estructura de capital actual de AGM Group.

El 25 de junio de 2025, la junta:

  • Canceló 12,000 acciones Clase B en poder del ex CTO Yufeng Mi y 30,000 en poder de Wenjie Tang.
  • Emitió 1,200,000 nuevas acciones Clase B al CEO/CSO Bo Zhu por servicios pasados y futuros; no se realizó ningún pago en efectivo.

Tras estas acciones, la compañía tiene 3,174,163 acciones en circulación (1,974,163 Clase A; 1,200,000 Clase B). Las acciones Clase A otorgan un voto cada una, las Clase B cinco votos. Bo Zhu ahora posee el 37.81% del capital pero controla el 75.24% del poder total de voto.

La estructura de doble clase convierte a AGMH en una “compañía controlada” bajo las normas de Nasdaq, permitiendo exenciones opcionales de ciertos requisitos de gobernanza corporativa. No se incluyen resultados financieros, datos de ganancias ni actualizaciones operativas.

수정된 Form 6-K는 2025년 7월 1일에 제출된 이전 보고서의 사무적 오류를 수정하고 AGM Group의 현재 자본 구조를 재진술합니다.

2025년 6월 25일 이사회는:

  • 전 CTO Yufeng Mi가 보유한 클래스 B 주식 12,000주와 Wenjie Tang이 보유한 30,000주를 취소했습니다.
  • 과거 및 미래 서비스 대가로 CEO/CSO Bo Zhu에게 1,200,000주의 신규 클래스 B 주식을 발행했으며, 현금 지급은 없었습니다.

이 조치 후 회사는 총 3,174,163주의 주식을 발행 중이며(클래스 A 1,974,163주, 클래스 B 1,200,000주), 클래스 A는 1표, 클래스 B는 5표의 의결권을 가집니다. Bo Zhu는 현재 지분의 37.81%를 보유하지만 전체 의결권의 75.24%를 통제합니다.

이중 클래스 구조로 인해 AGMH는 나스닥 규정상 “지배 회사”로 분류되어 특정 기업 지배구조 요건에서 선택적 면제를 받을 수 있습니다. 재무 실적, 수익 데이터 또는 운영 업데이트는 포함되어 있지 않습니다.

Formulaire 6-K Modifié corrige une erreur administrative dans le rapport précédemment déposé le 1er juillet 2025 et rétablit la structure actuelle du capital d'AGM Group.

Le 25 juin 2025, le conseil d'administration a :

  • Annulé 12 000 actions de classe B détenues par l'ancien CTO Yufeng Mi et 30 000 détenues par Wenjie Tang.
  • Émis 1 200 000 nouvelles actions de classe B au CEO/CSO Bo Zhu pour services passés et futurs ; aucun paiement en espèces n'a été effectué.

Après ces opérations, la société compte 3 174 163 actions en circulation (1 974 163 de classe A ; 1 200 000 de classe B). Les actions de classe A donnent droit à une voix, celles de classe B à cinq voix. Bo Zhu détient désormais 37,81 % du capital mais contrôle 75,24 % du pouvoir de vote total.

La structure à double catégorie fait d'AGMH une « société contrôlée » selon les règles du Nasdaq, permettant des exemptions facultatives de certaines exigences de gouvernance d'entreprise. Aucun résultat financier, donnée sur les bénéfices ou mise à jour opérationnelle n'est incluse.

Geändertes Formular 6-K korrigiert einen Schreibfehler im zuvor eingereichten Bericht vom 1. Juli 2025 und stellt die aktuelle Kapitalstruktur der AGM Group neu dar.

Am 25. Juni 2025 beschloss der Vorstand:

  • Die Stornierung von 12.000 Klasse-B-Aktien, die vom ehemaligen CTO Yufeng Mi gehalten wurden, sowie 30.000 Aktien, die Wenjie Tang gehörten.
  • Die Ausgabe von 1.200.000 neuen Klasse-B-Aktien an CEO/CSO Bo Zhu für vergangene und zukünftige Leistungen; es wurde kein Bargeld gezahlt.

Nach diesen Maßnahmen hat das Unternehmen 3.174.163 ausstehende Aktien (1.974.163 Klasse A; 1.200.000 Klasse B). Klasse A hat eine Stimme, Klasse B fünf Stimmen. Bo Zhu besitzt nun 37,81 % des Eigenkapitals, kontrolliert jedoch 75,24 % der Gesamtstimmrechte.

Die Doppelklassenstruktur macht AGMH zu einem „kontrollierten Unternehmen“ gemäß den Nasdaq-Regeln, was optionale Ausnahmen von bestimmten Corporate-Governance-Anforderungen ermöglicht. Es sind keine Finanzergebnisse, Gewinnzahlen oder operative Updates enthalten.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: CEO awarded 1.2 M super-voting shares, gaining 75 % control; minority-holder risk rises.

The amendment fixes disclosure but formalises a substantial governance shift. The 1.2 M non-convertible Class B shares issued for “services” expand total equity by only 36 %, yet voting control consolidates under Bo Zhu (75.24 %). AGMH now qualifies as a Nasdaq “controlled company,” enabling exemptions from board-independence and committee rules. With no performance hurdles or cash consideration, the grant entrenches management and weakens shareholder protections—overall a negative signal for governance-focused investors.

TL;DR: Structural—not operational—change; limited near-term financial impact.

The filing involves share-class rebalancing, with negligible effect on aggregate market capitalization because Class B is illiquid and non-transferable. While voting dilution is material, economic dilution is minor (net +1.158 M shares). Unless the market prices a governance discount, valuation impact should be modest. No earnings, cash-flow or guidance metrics were provided, so fundamental forecasts remain unchanged.

Modulo 6-K Rettificato corregge un errore clericale nel rapporto precedentemente presentato il 1° luglio 2025 e aggiorna la struttura del capitale attuale di AGM Group.

Il 25 giugno 2025 il consiglio ha:

  • Annullato 12.000 azioni di Classe B detenute dall'ex CTO Yufeng Mi e 30.000 detenute da Wenjie Tang.
  • Emesso 1.200.000 nuove azioni di Classe B al CEO/CSO Bo Zhu per servizi passati e futuri; non è stato effettuato alcun pagamento in contanti.

Dopo queste operazioni la società ha 3.174.163 azioni in circolazione (1.974.163 di Classe A; 1.200.000 di Classe B). Le azioni di Classe A attribuiscono un voto ciascuna, quelle di Classe B cinque voti. Bo Zhu ora possiede il 37,81% del capitale ma controlla il 75,24% del potere di voto totale.

La struttura a doppia classe rende AGMH una “società controllata” secondo le regole del Nasdaq, permettendo esenzioni opzionali da alcuni requisiti di governance aziendale. Non sono inclusi risultati finanziari, dati sugli utili o aggiornamenti operativi.

Formulario 6-K Modificado corrige un error clerical en el informe presentado anteriormente el 1 de julio de 2025 y actualiza la estructura de capital actual de AGM Group.

El 25 de junio de 2025, la junta:

  • Canceló 12,000 acciones Clase B en poder del ex CTO Yufeng Mi y 30,000 en poder de Wenjie Tang.
  • Emitió 1,200,000 nuevas acciones Clase B al CEO/CSO Bo Zhu por servicios pasados y futuros; no se realizó ningún pago en efectivo.

Tras estas acciones, la compañía tiene 3,174,163 acciones en circulación (1,974,163 Clase A; 1,200,000 Clase B). Las acciones Clase A otorgan un voto cada una, las Clase B cinco votos. Bo Zhu ahora posee el 37.81% del capital pero controla el 75.24% del poder total de voto.

La estructura de doble clase convierte a AGMH en una “compañía controlada” bajo las normas de Nasdaq, permitiendo exenciones opcionales de ciertos requisitos de gobernanza corporativa. No se incluyen resultados financieros, datos de ganancias ni actualizaciones operativas.

수정된 Form 6-K는 2025년 7월 1일에 제출된 이전 보고서의 사무적 오류를 수정하고 AGM Group의 현재 자본 구조를 재진술합니다.

2025년 6월 25일 이사회는:

  • 전 CTO Yufeng Mi가 보유한 클래스 B 주식 12,000주와 Wenjie Tang이 보유한 30,000주를 취소했습니다.
  • 과거 및 미래 서비스 대가로 CEO/CSO Bo Zhu에게 1,200,000주의 신규 클래스 B 주식을 발행했으며, 현금 지급은 없었습니다.

이 조치 후 회사는 총 3,174,163주의 주식을 발행 중이며(클래스 A 1,974,163주, 클래스 B 1,200,000주), 클래스 A는 1표, 클래스 B는 5표의 의결권을 가집니다. Bo Zhu는 현재 지분의 37.81%를 보유하지만 전체 의결권의 75.24%를 통제합니다.

이중 클래스 구조로 인해 AGMH는 나스닥 규정상 “지배 회사”로 분류되어 특정 기업 지배구조 요건에서 선택적 면제를 받을 수 있습니다. 재무 실적, 수익 데이터 또는 운영 업데이트는 포함되어 있지 않습니다.

Formulaire 6-K Modifié corrige une erreur administrative dans le rapport précédemment déposé le 1er juillet 2025 et rétablit la structure actuelle du capital d'AGM Group.

Le 25 juin 2025, le conseil d'administration a :

  • Annulé 12 000 actions de classe B détenues par l'ancien CTO Yufeng Mi et 30 000 détenues par Wenjie Tang.
  • Émis 1 200 000 nouvelles actions de classe B au CEO/CSO Bo Zhu pour services passés et futurs ; aucun paiement en espèces n'a été effectué.

Après ces opérations, la société compte 3 174 163 actions en circulation (1 974 163 de classe A ; 1 200 000 de classe B). Les actions de classe A donnent droit à une voix, celles de classe B à cinq voix. Bo Zhu détient désormais 37,81 % du capital mais contrôle 75,24 % du pouvoir de vote total.

La structure à double catégorie fait d'AGMH une « société contrôlée » selon les règles du Nasdaq, permettant des exemptions facultatives de certaines exigences de gouvernance d'entreprise. Aucun résultat financier, donnée sur les bénéfices ou mise à jour opérationnelle n'est incluse.

Geändertes Formular 6-K korrigiert einen Schreibfehler im zuvor eingereichten Bericht vom 1. Juli 2025 und stellt die aktuelle Kapitalstruktur der AGM Group neu dar.

Am 25. Juni 2025 beschloss der Vorstand:

  • Die Stornierung von 12.000 Klasse-B-Aktien, die vom ehemaligen CTO Yufeng Mi gehalten wurden, sowie 30.000 Aktien, die Wenjie Tang gehörten.
  • Die Ausgabe von 1.200.000 neuen Klasse-B-Aktien an CEO/CSO Bo Zhu für vergangene und zukünftige Leistungen; es wurde kein Bargeld gezahlt.

Nach diesen Maßnahmen hat das Unternehmen 3.174.163 ausstehende Aktien (1.974.163 Klasse A; 1.200.000 Klasse B). Klasse A hat eine Stimme, Klasse B fünf Stimmen. Bo Zhu besitzt nun 37,81 % des Eigenkapitals, kontrolliert jedoch 75,24 % der Gesamtstimmrechte.

Die Doppelklassenstruktur macht AGMH zu einem „kontrollierten Unternehmen“ gemäß den Nasdaq-Regeln, was optionale Ausnahmen von bestimmten Corporate-Governance-Anforderungen ermöglicht. Es sind keine Finanzergebnisse, Gewinnzahlen oder operative Updates enthalten.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K/A

 

Amendment No. 1

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2025

 

Commission File Number: 001-38309

 

AGM GROUP HOLDINGS INC.

(Translation of registrant’s name into English)

 

c/o Creative Consultants (Hong Kong) Limited

RM502C, 5/F, HO KING COMM CTR, 2-16 FAYUEN ST,

MONGKOK KOWLOON, HONG KONG

+852 975-02047 – telephone

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒      Form 40-F ☐

 

 

 

 

 

 

EXPLANATORY NOTE

 

This Amendment on Form 6-K/A amends and restates the Current Report on Form 6-K furnished on July 1, 2025 (the “Report”) by AGM Group Holdings Inc. (the “Company”) in order to correct a clerical error in the number of Class B Ordinary Shares held by Bo Zhu in the Report. No other changes were made to the Report.

 

1

 

 

CORRECTION - Cancellation and Issuance of Class B Ordinary Shares

 

Pursuant to the currently effective Second Amended and Restated Memorandum and Articles of Association, the board of directors of AGM Group Holdings Inc. (the “Company”) has duly approved (i) the automatic cancellation of 12,000 Class B Ordinary Shares held by Yufeng Mi, the former Chief Technology Officer of the Company, upon the termination of his employment with the Company or its subsidiaries as of June 25, 2025; (ii) automatic cancellation of 30,000 Class B Ordinary Shares held by Wenjie Tang upon the termination of his employment with the Company or its subsidiaries as of June 25, 2025 (together with the cancellation of Class B Ordinary Shares of Yufeng Mi, collectively referred to as the “Cancellation of Class B Shares”); and (iii) the issuance of 1,200,000 Class B Ordinary Shares to Bo Zhu, the Chief Executive Officer, Chief Strategy Officer and Director of the Company (the “Issuance of Class B Shares”) on June 25, 2025. The Issuance of Class B Shares is made for non-money consideration in the form of services rendered and of future services to be rendered by Bo Zhu.

 

The Company’s share capital is divided into Class A Ordinary Shares and Class B Ordinary Shares. Holders of Class A Ordinary Shares are entitled to one vote per share, while holders of Class B Ordinary Shares are entitled to five votes per share. After the Cancellation of Class B Shares and the Issuance of Class B Shares, (i) the total issued and outstanding shares of the Company are 3,174,163 shares, consisting of 1,974,163 Class A Ordinary Shares and 1,200,000 Class B Ordinary Shares; and (ii) Bo Zhu owns 1,200,000 Class B Ordinary Shares, which constitute approximately 37.81% of the Company’s total issued and outstanding shares and 75.24% of the aggregate voting power as of the date hereof. The Class B Ordinary Shares cannot be converted into Class A Ordinary Shares, and may not be sold, assigned, transferred, alienated, commuted, anticipated, or otherwise disposed of, or pledged or hypothecated as collateral for a loan or as security for the performance of any obligation, or be otherwise encumbered.

 

As a result, upon the Issuance of Class B Shares, the Company qualifies as a “controlled company” as defined under the corporate governance rules of the Nasdaq Stock Market LLC (“Nasdaq”). For so long as the Company remains a controlled company under that definition, it is permitted to elect to rely, and may rely, on certain exemptions from Nasdaq corporate governance rules. In addition, as a foreign private issuer, the Company is permitted to rely on certain exemptions from Nasdaq’s corporate governance requirements applicable to U.S. domestic issuers. While the Company does not currently rely on these exemptions, it may elect to do so in the future, in which case it would not be required to comply with certain Nasdaq corporate governance standards.

 

Safe Harbor Statement

 

This report contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about AGM Group Holdings Inc.’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in AGM Group Holdings Inc.’s filings with the SEC. All information provided in this report is as of the date of this report, and AGM Group Holdings Inc. does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: July 24, 2025 AGM GROUP HOLDINGS INC.
     
  By: /s/ Bo Zhu
  Name:  Bo Zhu
  Title: Chief Executive Officer

 

 

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