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AGM Group Holdings Completes Second Closing of First Tranche in $6 Million Convertible Note Deal

Story Highlights
  • AGM Group completed a $500,000 convertible note closing for $425,000 gross proceeds.
  • This second closing finalizes the first $2 million tranche in AGM’s up to $6 million financing pact.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AGM Group Holdings Completes Second Closing of First Tranche in $6 Million Convertible Note Deal

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AGM Group Holdings ( (AGMH) ) has issued an announcement.

On December 19, 2025, AGM Group Holdings Inc. reported that it had completed a subsequent closing of its previously announced convertible promissory note financing, issuing a $500,000 note convertible into Class A ordinary shares for gross proceeds of $425,000. This second closing, which occurred on December 18, 2025, represents the remaining portion of the first $2 million tranche under a September 22, 2025 Securities Purchase Agreement with an institutional investor, under which AGM may raise up to $6 million in original issue discount convertible advances across three tranches, potentially enhancing its capital resources to support ongoing operations and product development in the competitive crypto mining hardware market.

Spark’s Take on AGMH Stock

According to Spark, TipRanks’ AI Analyst, AGMH is a Neutral.

AGM Group Holdings faces significant financial challenges with declining revenue and profitability, which is the primary driver of the low overall score. Technical analysis provides mixed signals, offering no strong indication of a reversal. Valuation remains unfavorable due to negative earnings and the absence of dividends. Despite a positive market reaction post-earnings, the lack of clear guidance and sentiment leaves uncertainty about future performance.

To see Spark’s full report on AGMH stock, click here.

More about AGM Group Holdings

AGM Group Holdings Inc., listed on Nasdaq under the ticker AGMH, operates in the cryptocurrency hardware sector as one of the few U.S.-listed companies with both ASIC chip design and crypto miner production capabilities, offering miners that it describes as competitively positioned in terms of performance and technical parameters.

Average Trading Volume: 173,857

Technical Sentiment Signal: Sell

Current Market Cap: $5.46M

For detailed information about AGMH stock, go to TipRanks’ Stock Analysis page.

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