Blockchain ASIC Chip R&D Company AGM Group to Raise $25 Million through Private Placement

Odaily News Nasdaq-listed blockchain ASIC chip R&D company AGM Group announced that it has entered into a securities purchase agreement with an institutional investor to raise $25 million by issuing and selling the company's common stock to the investor. The funds are intended for general corporate purposes, including working capital, project development, production financing, and other strategic initiatives. (stocktitan)