Block chain ASIC chip development company AGM Group plans to raise $5.4 million through the issuance of common stock

Golden Finance reported that AGM Group, a Block chain ASIC chip development company, announced the public issuance of 16,390,000 shares of Class A common stock and accompanying warrants, with a combined public issuance price of $0.33. The common stock issuance this time will raise $5.4 million, and the issuance transaction is expected to be completed on March 4th local time.