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Stock impact report

AGM Group Holdings Inc. Enters into Partnership Agreement with Nowlit to Facilitate Expansion in AI and Crypto Markets

AGM Group Holdings Inc. - Class A Ordinary Shares (AGMH) 
Company Research Source: PR Newswire
BEIJING, Oct. 10, 2024 /PRNewswire/ -- AGM Group Holdings Inc. ("AGM Holdings" or the "Company") (NASDAQ: AGMH), an integrated technology company specializing in fintech software services and producing high-performance hardware and computing equipment, today announced that the Company, through its subsidiary AGM CANADA HOLDINGS LIMITED ("AGM Canada"), has entered into a partnership agreement (the "Agreement") with NOWLIT SOLUTIONS CORP. ("Nowlit"), a high performance computing and data center supplier in Canada on October 2, 2024 to establish a joint venture named AGM Energy Corp. ("AGM Energy"). AGM Energy is expected to focus on investing in and operating in clean energy industries and providing high-quality services for the construction and operation of power and data center facilities for the artificial intelligence, big data industries, cryptocurrency, and digital currency industries. The strategic move is set to facilitate the Company's expansion in the artificial intelligence a Show less Read more
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