Blockchain ASIC chip research and development listed company AGM Group has received the Nasdaq delisting notice

Blockchain ASIC chip research and development listed company AGM Group has disclosed that it has received a delisting notice from the Nasdaq listing qualification department. It is reported that as of March 31, 2025, the closing price of the company's Class A common shares has been lower than $0.10 for ten consecutive trading days. Therefore, based on the relevant listing rules, trading will be suspended at the opening of the market on April 10, 2025 and the 25-NSE form will be submitted to the Securities Exchange Commission. However, AGM Group can appeal and re-meet the minimum price requirement before the agreed time.