Blockchain ASIC chip development company AGM Group to raise $25 million through share offering
According to Odaily, Nasdaq-listed blockchain ASIC chip development company AGM Group announced that it has signed a securities purchase agreement with an institutional investor. The company will raise $25 million by issuing and selling common shares to the investor. The funds are intended for general corporate purposes, including working capital, project development, production financing, and other strategic initiatives.
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