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AGM Group shareholders approve $8M CEO share repurchase

AGM Group Holdings Inc. shareholders approved the Company’s proposed repurchase of 1,200,000 Class B ordinary shares held by Chief Executive Officer and Director Bo Zhu for an aggregate purchase price of US$8,000,000, approximately US$6.67 per share.

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Form Type
6-K

Rhea-AI Filing Summary

AGM Group Holdings Inc. shareholders approved the Company’s proposed repurchase of 1,200,000 Class B ordinary shares held by Chief Executive Officer and Director Bo Zhu for an aggregate purchase price of US$8,000,000, approximately US$6.67 per share. The shares are to be cancelled upon completion. The repurchase resolution received 23,561,878 votes for, 388,708 against and 9,564 abstentions.

Shareholders also approved authorizing each director or officer to take actions to give effect to the repurchase resolution. Class A and Class B ordinary shares voted together as a single class at the October 28, 2026 meeting.

Shares approved for repurchase 1,200,000 Class B ordinary shares Held by Bo Zhu; repurchase approved at the October 28, 2026 meeting
Aggregate purchase price US$8,000,000 Approved repurchase
Approximate price per share Approximately US$6.67 per share Approved repurchase
Votes for repurchase resolution 23,561,878 votes October 28, 2026 shareholder meeting
Votes against repurchase resolution 388,708 votes October 28, 2026 shareholder meeting
Abstentions on repurchase resolution 9,564 votes October 28, 2026 shareholder meeting
Class B Ordinary Shares financial
"1,200,000 class B ordinary shares"
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
par value financial
"par value US$0.05 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
proxy regulatory
"represented by proxy at the Meeting"
A proxy is the authorization a shareholder gives to another person or document to cast votes on their behalf at a company meeting. Think of it like handing someone your voting ticket so they can represent your choices on board elections, executive pay, mergers and other big decisions; it matters because proxies determine who controls the company and which proposals pass, directly affecting share value and investor returns.
quorum regulatory
"therefore constituted a quorum"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many AGMH shares did shareholders approve for repurchase, and at what price?

Shareholders approved the repurchase of 1,200,000 Class B ordinary shares held by Bo Zhu for an aggregate purchase price of US$8,000,000, approximately US$6.67 per share. The shares are to be cancelled upon completion.

What voting power was represented at the AGMH shareholder meeting?

Holders of 17,960,150 Class A ordinary shares and 1,200,000 Class B ordinary shares were present virtually or represented by proxy. Those shares represented 23,960,150 votes, approximately 82.32% of total voting power, and constituted a quorum.

How many votes does each AGMH Class A or Class B share carry?

Each Class A ordinary share is entitled to one vote, while each Class B ordinary share is entitled to five votes. The two classes voted together as a single class on the proposals.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of October 2026

 

Commission File Number: 001-38309

 

AGM Group Holdings Inc

(Translation of registrant’s name into English)

 

c/o Creative Consultants (Hong Kong) Limited

Unit 2212, 22/F, CC Wu Building, 302-308 Hennessy Road

Wanchai, Hong Kong

+852-975-02047

(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 ☐

 

 

 

 

INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K

 

On October 28, 2026, at 9:00 a.m. Eastern Time, AGM Group Holdings Inc. (the “Company”) held a meeting of shareholders (the “Meeting”) virtually via a video conference call. Holders of 17,960,150 class A ordinary shares of the Company, par value US$0.05 per share (the “Class A Ordinary Shares”) and 1,200,000 class B ordinary shares of the Company, par value US$0.05 per share (the “Class B Ordinary Shares”) were present virtually or represented by proxy at the Meeting, representing approximately 77.73% and 100% of the total Class A Ordinary Shares and Class B Ordinary Shares issued and outstanding, respectively, as of the record date of October 15, 2026. These shares represented an aggregate of 23,960,150 votes, or approximately 82.32% of the total voting power of the issued and outstanding shares of the Company, and therefore constituted a quorum. Each Class A Ordinary Share is entitled to one vote, while each Class B Ordinary Share is entitled to five votes. The Class A Ordinary Shares and Class B Ordinary Shares voted together as a single class. The final voting results for each proposal are set forth below.

 

1. As a resolution of shareholders, to approve the repurchase by the Company of 1,200,000 class B ordinary shares, par value US$0.05 per share, held by Mr. Bo Zhu, for an aggregate purchase price of US$8,000,000 (equivalent to approximately US$6.67 per share), and the related share repurchase agreement (the “Share Repurchase Agreement”), including the cancellation of such shares upon completion of the repurchase, and the related matters as set forth in the notice of the Meeting.

 

FOR   AGAINST   ABSTAIN 
 23,561,878    388,708    9,564 

 

Accordingly, the proposed resolution was duly approved by the shareholders of the Company.

 

2. As a resolution of shareholders, to authorize each director or officer of the Company to take any and all actions necessary, appropriate or desirable, to give effect to the foregoing resolution.

 

FOR   AGAINST   ABSTAIN 
 23,660,642    288,919    10,589 

 

Accordingly, the proposed resolution was duly approved by the shareholders of the Company.

 

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SIGNATURE

 

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: October 29, 2026 AGM Group Holdings Inc.
     
  By: /s/ Bo Zhu
  Name:  Bo Zhu
  Title: Chief Executive Officer and Director

 

 

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