AGM Group Faces Nasdaq Delisting Due to Continued Low Stock Price

AGM Group, a blockchain ASIC chip developer, has been issued a delisting notice from the Nasdaq’s listing qualifications department. The company faces removal from trading on the Nasdaq due to its Class A common stock closing below $0.10 for ten consecutive days, as per Odaily reports. As a result, trading will be suspended at the beginning of business on April 10, 2025, according to applicable listing rules. The company must file a Form 25-NSE with the U.S. Securities and Exchange Commission (SEC) but has the option to appeal and meet the minimum price requirement within a specified timeframe.