UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August 2021

 

Commission File Number: 001-38309

 

AGM GROUP HOLDINGS INC.

(Translation of registrant’s name into English)

 

c/o Creative Consultants (Hong Kong) Limited

Room 1502-3 15/F., Connuaght Commercial Building, 185 Wanchai Road

Wanchai, Hong Kong

+86-010-65020507 – telephone

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒     Form 40-F ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐ 

 

 

 

 

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release — AGM Group Holdings Inc. Announces Entry into ASIC R&D and Manufacturing Field
99.2   Press Release — AGM Group Holdings Inc. Announces Launch of ASIC Miner with Hash Rate Up to 110T

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: August 12, 2021 AGM GROUP HOLDINGS INC.
     
  By: /s/ Wenjie Tang
  Name:  Wenjie Tang
  Title: Co-Chief Executive Officer and Director

 

 

Exhibit 99.1

AGM Group Holdings Inc. Announces Entry into ASIC R&D and Manufacturing Field

 

BEIJING, China, August 5, 2021 /PRNewswire/ -- AGM Group Holdings Inc. (“AGMH” or the “Company”) (NASDAQ: AGMH), a software company providing fintech software, and trading education software and website service, today announced that the Company will enter into the ASIC chip research and development field, and will subsequently commence high-performance ASIC computing equipment manufacturing and sales. The new business segment will be led and operated by the Company’s newly hired executives and targeting the institutional market.

 

The newly appointed executives, Co-CEO Mr. Chenjun Li and CSO Mr. Bo Zhu, have vast experiences and industry resources in chip designs and blockchain applications. As one of the pioneers in the ASIC chip design area, Mr. Chenjun Li has extensive experience in the chip production supply chain. In 2013, Mr. Chenjun Li designed the first-generation ASIC applicable to Bitcoin computing and successfully completed the mass production of 16nm and 10nm ASIC chips at TMSC and Samsung in 2015 and 2017, respectively. Meanwhile, Mr. Bo Zhu possesses an in-depth understanding of the blockchain technology application, as well as a well-known reputation and extensive network within the industry due to the extended time spent in high-performance computing research in the past years.

 

“I am delighted to join AGMH, and I will assist the Company in launching its branded high-performance ASIC and ASIC miner with a goal of enabling AGMH to become one of the key players in the market.” Mr. Chenjun Li commented, “The Company plans to release the latest ASIC miner and its parameters in the near future. Meanwhile, Mr. Bo Zhu and I will be jointly responsible for expanding our products to reach the overseas institutional clients and networks, and providing innovative energy optimization solutions for the customers.”

 

About AGM Group Holdings Inc.

 

Incorporated in April 2015 and headquartered in Beijing, China, AGM Group Holdings Inc. is software company, currently providing fintech software, and trading education software and website service. For more information, please visit www.agmprime.com.

 

Forward Looking Statements

 

This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. All statements other than statements of historical fact in this press release are forward-looking statements and involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These forward-looking statements are based on management’s current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates, but involve a number of unknown risks and uncertainties, Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and actual results may differ materially from the anticipated results. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements.

 

For more information, please contact:

 

At the Company:

Email: ir@agmprime.com

 

Investor Relations:

Sherry Zheng
Weitian Group LLC
Email: shunyu.zheng@weitian-ir.com

Phone: +1-718-213-7386

 

 

Exhibit 99.2

AGM Group Holdings Inc. Announces Launch of ASIC Miner with Hash Rate Up to 110T

 

BEIJING, China, August 12, 2021 /PRNewswire/ -- AGM Group Holdings Inc. (“AGMH” or the “Company”) (NASDAQ: AGMH), an integrated technology company focusing on high-performance chip solutions, computing equipment and fintech software services, today announced the launch of its first ASIC Miner - KOI MINER C16 (“C16”). C16 is equipped with the C3012 chip made by Semiconductor Manufacturing International Corp.’s N+1 process. C16 has a hash rate up to 113 TH/s and a power efficiency ratio of 30 J/T, supporting the mining of BTC, BCH and other cryptocurrencies. C16 is expected to launch sales in the United States, Canada and Europe around the end of August 2021.

 

For the external structure, C16 adopts the design of dual air ducts, which significantly resolves the high-temperature shortcomings of similar products and optimizes the performance of the miners. It also supports cluster deployment and network monitoring. C16's core hash rate and unit power consumption parameters have surpassed its peer miners and are among the top global high hash rate miner models. C16 users could generate more cryptocurrencies at a lower cost, enjoying an upgrade in mining experience.

 

Mr. Chenjun Li, Co-CEO of the Company, entered the crypto chip field in 2013 and was one of the pioneers within the industry. With extensive experience and industry resources, Mr. Chenjun Li has been able to ensure the stability of the supply chain and secure the supplies to worldwide cryptocurrencies mining operators despite the global chip shortage. “Our company attaches great importance to investing in research and development, meeting our customer needs, providing stable product shipments, and maintaining good relationships with our suppliers.” Mr. Chenjun Li commented, “The launch of C16 is our initial step to the cryptocurrencies mining market. AGMH is aiming to launch more types of miners in the future, providing diverse product selections to our customers.”

 

About AGM Group Holdings Inc.

 

Incorporated in April 2015 and headquartered in Beijing, China, AGM Group Holdings Inc. is an integrated technology company focusing on high-performance chip solutions, computing equipment and fintech software services. For more information, please visit www.agmprime.com.

 

Forward Looking Statements

 

This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. All statements other than statements of historical fact in this press release are forward-looking statements and involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These forward-looking statements are based on management’s current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates, but involve a number of unknown risks and uncertainties, Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and actual results may differ materially from the anticipated results. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements.

 

For more information, please contact:

 

At the Company:

Email: ir@agmprime.com

 

Investor Relations:

Sherry Zheng
Weitian Group LLC
Email: shunyu.zheng@weitian-ir.com

Phone: +1-718-213-7386