The ASIC chip research and development listed company AGM Group plans to execute a "1-for-50 stock consolidation" transaction on June 3.

DailyNews
A-3,36%
B-0,22%

PANews June 1 news, according to Globenewswire, Nasdaq-listed blockchain ASIC chip research and development company AGM Group announced that it plans to implement a “50-for-1” stock consolidation transaction effective June 3, reducing the total number of Class A common shares from 98,713,955 shares to approximately 1,974,279 shares, with a value of $0.05 per share; the total number of Class B common shares will be reduced from 2,100,000 shares to approximately 42,000 shares, also with a value of $0.05 per share. After the market opens on June 3, trading will begin based on the consolidated benchmark, with the stock code still being “AGMH”, but the CUSIP number updated to G0132V121.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)