Cam Sugrue

Karl Birkenfeld

- AGM Group Holdings Inc. (AGMH) entered into a series of agreements on **September 22, 2025**, to issue up to **US$6 million** in face value of original issue discount convertible advances.  **[1705402_0001185185-25-001265_agmh6k092225.htm:1]** 
- The initial closing of the First Tranche occurred on **September 22, 2025**, where the company issued an advance with an initial principal amount of **$1,500,000** for total gross proceeds of **$1,380,000**.  **[1705402_0001185185-25-001265_agmh6k092225.htm:1]** 
- These advances are convertible into the Company's Class A ordinary shares.  **[1705402_0001185185-25-001265_agmh6k092225.htm:1]** 
- The agreements include a Subsidiary Guarantee by AGMH and its subsidiaries.  **[1705402_0001185185-25-001265_agmhex10-3.htm:0]** **[1705402_0001185185-25-001265_agmh6k092225.htm:1]** 
- A pre-funded Class A Ordinary Shares Purchase Warrant was also issued, entitling the holder to purchase up to **150,000 shares** of Class A Ordinary Shares, exercisable for five years from **September 22, 2025**.  **[1705402_0001185185-25-001265_agmhex4-2.htm:1]**

AGM Group Holdings Inc. Secures Up to $6 Million in Convertible Advances

- AGM Group Holdings Inc.'s Hong Kong subsidiary, AGM Technology Limited, **completed the sale of Nanjing Lucun Semiconductor Co. Ltd.** to Hong Kong Giant Electronics Co., Limited on **May 7, 2025**.  **[1705402_0001185185-25-001227_agmh6k082925.htm:0]** **[1705402_0001185185-25-001227_agmhex99-1.htm:0]** 
- The sale of Nanjing Lucun, a producer of high-performance hardware and computing equipment, was for a consideration of **USD57,450,000**.  **[1705402_0001185185-25-001227_agmh6k082925.htm:0]** **[1705402_0001185185-25-001227_agmhex99-1.htm:0]** 
- The report includes **unaudited pro forma condensed consolidated financial statements** for the year ended December 31, 2024, reflecting the transaction as if it occurred on January 1, 2024, for the statement of operations and December 31, 2024, for the balance sheet.  **[1705402_0001185185-25-001227_agmh6k082925.htm:0]** **[1705402_0001185185-25-001227_agmhex99-1.htm:1]**

AGM Group Holdings Inc. Announces Sale of Subsidiary

- On **September 5, 2025**, AGM Group Holdings Inc. (AGMH) entered into an Equity Transfer Agreement to sell **100%** of its wholly-owned Hong Kong subsidiary, AGM Technology Limited (AGM HK), to Mr. Peng Liu.  **[1705402_0001185185-25-001175_agmh6k091125.htm:0]** **[1705402_0001185185-25-001175_agmhex99-1.htm:0]** **[1705402_0001185185-25-001175_agmhex99-1.htm:3]** 
- The total transfer consideration for the sale of AGM HK is **US$6,850,000**.  **[1705402_0001185185-25-001175_agmh6k091125.htm:0]** **[1705402_0001185185-25-001175_agmhex99-1.htm:4]** 
- As of **June 30, 2025**, the net assets of AGM HK were approximately **US$6,651,000**.  **[1705402_0001185185-25-001175_agmhex99-1.htm:4]** 
- The closing of the sale is subject to certain conditions.  **[1705402_0001185185-25-001175_agmh6k091125.htm:0]**

AGM GROUP HOLDINGS (AGMH)