AGM Group Holdings Inc. Announces Pricing and Closing of Initial Public Offering

Ordinary Shares are Expected to Commence Trading on the NASDAQ Under the Symbol “AGMH”

BEIJING, April 13, 2018 /PRNewswire/ — AGM Group Holdings Inc. (“AGM” or the “Company”) (NASDAQ: AGMH), a financial technology (“FinTech”) company providing trading platform solutions and enhancing technologies for brokerage firms and other financial institutions, today announced the pricing and closing of its initial public offering of 1,306,055 Class A ordinary shares at a public offering price of $5.00 per share, for total gross proceeds of approximately $6.53 million before deducting underwriting discounts, commissions and other related expenses. Company’s Class A ordinary shares are expected to begin trading shortly on the NASDAQ Capital Market under the symbol “AGMH”.

 Network 1 Financial Securities, Inc. served as the underwriter for the offering. Ortoli Rosenstadt LLP acted as U.S. legal counsel to the Company, and Mei & Mark LLP acted as legal counsel to the underwriter.

A registration statement relating to the securities being sold in this offering was declared effective by the Securities and Exchange Commission (“SEC”) on February 15, 2018. The offering of these securities was made only by means of a prospectus, forming a part of the registration statement. A copy of the final prospectus relating to the offering may be obtained by contacting Network 1 Financial Securities, Inc., 2 Bridge Avenue, Suite 241, Red Bank, New Jersey 07701, Attention: Steven Sun, Executive Director, Investment Banking or email [email protected] or by calling +1 (800)-886-7007. In addition, a copy of the final prospectus relating to the offering may be obtained via the SEC’s website at www.sec.gov.

This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.