TechFlow news: On January 24, according to StockTitan, AGM Group—a Nasdaq-listed company specializing in blockchain ASIC chip development—announced that it has entered into a securities purchase agreement with an institutional investor to raise $25 million through the issuance and sale of its common stock to the investor. The transaction is subject to customary closing conditions stipulated in the agreement, including the effectiveness of a resale registration statement. The proceeds will be used for general corporate purposes, including working capital, project development, production financing, and other strategic initiatives.
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