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- 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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(T
The encryption mining rig developer AGM Group has received a notice from Nasdaq regarding non-compliance with minimum bid requirements and may face delisting.
Golden Finance reports that the encryption mining rig developer and blockchain ASIC chip listed company AGM Group has announced that it has received a notification from NASDAQ for not meeting the minimum bid requirements, as the closing price of the company's Class A common stock has been below the minimum price of $1.0 per share for 30 consecutive trading days. If it cannot comply with NASDAQ listing rules by September 9, it may face delisting. Currently, AGM Group's ASIC chips are primarily used for encryption mining rigs, and the company is also involved in the assembly and sale of Bitcoin mining rigs.