AGM Group, a publicly traded company specializing in blockchain ASIC development, has completed the issuance and settlement of US$2 million in convert...

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AGM Group, a Nasdaq-listed blockchain ASIC chip company, has completed a $2 million convertible note issuance in two phases, with plans for a total $6 million raise in three tranches.

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AGM Groupconvertible noteblockchain ASICfundraisingNasdaq
According to Mars Finance, AGM Group, a Nasdaq-listed blockchain ASIC chip R&D company, announced the completion of a $2 million convertible note issuance. The fundraising transaction was conducted in two phases: $1.5 million was paid in the first phase, and the remaining $500,000 was paid in the second phase on December 18th. AGM Group also disclosed that it had previously reached an investment agreement to raise a total of $6 million through the issuance of convertible notes in three tranches.

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