According to Wu Blockchain, Nasdaq-listed blockchain ASIC chip development company AGM Group has announced that it has signed a securities purchase agreement with an institutional investor, aiming to raise up to $25 million through the phased issuance and sale of common stock. The issuance is subject to customary conditions, including an effective resale registration statement. The funds raised will be used for general corporate purposes, including working capital, project development, production financing, and other strategic initiatives. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=55609