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AGM Group Holdings Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Requirements
Globenewswire· 2025-03-19 20:30
Core Points - AGM Group Holdings Inc. is currently not in compliance with Nasdaq's minimum bid price requirement due to its Class A ordinary shares closing below $1.00 for 30 consecutive business days [1] - The company has a compliance period of 180 calendar days, until September 9, 2025, to regain compliance with the minimum bid price requirement [2] - If AGM Holdings does not regain compliance by the deadline, it may be eligible for an additional 180-day grace period if it meets other continued listing requirements [3] Company Overview - AGM Group Holdings Inc. specializes in assembling and selling high-performance hardware and computing equipment, focusing on blockchain-oriented ASIC chips and high-end crypto miners for Bitcoin and other cryptocurrencies [4]
AGM Group Holdings Inc. Announces Closing of $5.4 Million Offering
Globenewswire· 2025-03-05 02:58
Core Viewpoint - AGM Group Holdings Inc. has successfully closed an offering of 16,390,000 Class A ordinary shares and accompanying warrants at a combined price of $0.33, raising approximately $5.4 million before expenses [1][2]. Group 1: Offering Details - The offering included 16,390,000 Class A ordinary shares and warrants to purchase an equal number of shares at an initial exercise price of $0.33, with a five-year expiration [1]. - The warrants can be exercised on a cashless basis, allowing holders to exchange each warrant for 1.2 Class A ordinary shares [1]. - The offering was conducted under a registration statement declared effective by the SEC on February 28, 2025 [3]. Group 2: Company Overview - AGM Group Holdings Inc. specializes in assembling and selling high-performance hardware and computing equipment, focusing on blockchain-oriented ASIC chips and high-end crypto miners for Bitcoin and other cryptocurrencies [5].
Stellar AfricaGold Announces New Directors and AGM Results
Thenewswire· 2025-03-03 14:20
Vancouver, British Columbia – TheNewswire - March 3, 2025 – Stellar AfricaGold Inc. (TSX-V: SPX) ("Stellar" or the "Company") announces the election and appointment of new directors, and that all matters submitted to shareholders for approval as set forth in the Company’s Notice of Meeting and Information Circular, both dated January 17, 2025, were approved at the Company’s Annual General and Special Meeting (the “Meeting”) held on Thursday, February 27, 2025. Commentary “It has been several months in the ...
AGM Group Holdings Inc. Announces Pricing of $5.4 Million Public Offering
Globenewswire· 2025-03-03 03:15
Core Viewpoint - AGM Group Holdings Inc. has announced a public offering of 16,390,000 Class A ordinary shares at a price of $0.33 per share, aiming to raise approximately $5.4 million before expenses [1][2]. Group 1: Offering Details - The public offering includes warrants to purchase an additional 16,390,000 Class A ordinary shares, which will expire five years from issuance and can be exercised immediately at an initial price of $0.33 per share [1]. - The offering is expected to close on or about March 4, 2025, pending customary closing conditions [2]. Group 2: Company Overview - AGM Group Holdings Inc. specializes in assembling and selling high-performance hardware and computing equipment, with a focus on blockchain-oriented ASIC chips and high-end crypto miners for Bitcoin and other cryptocurrencies [5].
AGM Group Holdings Inc. Announces Strategic Partnership with HashBeaver to Drive Blockchain and AI Innovation
Newsfilter· 2025-02-28 12:30
Core Insights - AGM Group Holdings Inc. has entered a strategic partnership with HashBeaver to enhance Bitcoin mining and AI services [1][2] - The collaboration aims to leverage AGM's mining resources in Canada and HashBeaver's cloud mining expertise to drive innovation [2][3] - The partnership is expected to generate over 2 Exahash (EH)/s of additional computing power, significantly increasing operational capacity for both companies [4] Company Overview - AGM Group Holdings Inc. specializes in high-performance hardware and computing equipment, focusing on blockchain-oriented ASIC chips and high-end crypto miners [7] - HashBeaver is a cloud mining service provider that aims to revolutionize the digital currency landscape, offering solutions for both individual and institutional clients [6] Strategic Goals - The partnership will focus on increasing the scale and efficiency of Bitcoin mining operations [2] - Development of AI-driven blockchain solutions is a key objective of the collaboration [2][3] - The companies aim to promote sustainable and transparent practices within the digital currency industry [2]
Military Metals Announce AGM Results
Newsfile· 2025-02-21 21:50
Group 1 - Military Metals Corp held its annual general meeting on February 20, 2025, where shareholders elected a board of directors consisting of four members [1] - Latika Prasad was appointed as Vice-President, Corporate Finance, following the AGM, and the company expressed gratitude to Zoran Pudar for his service [1] - The company has extended its agreement with Tafin GmbH for investor relations services for an additional two months, starting March 1, 2025, with a one-time payment of EUR 200,000 (CAD$297,720) for the services provided [2] Group 2 - Military Metals Corp is focused on the acquisition, exploration, and development of mineral properties, particularly antimony [3] - The company has appointed Smythe LLP as its auditor for the upcoming fiscal year and authorized the directors to fix the auditor's remuneration [5] - Resolutions were passed to continue the company's rolling stock option plan and incentive share unit plan [5]
Federal Agricultural Mortgage (AGM) Q4 Earnings Lag Estimates
ZACKS· 2025-02-21 14:20
分组1 - Federal Agricultural Mortgage (AGM) reported quarterly earnings of $3.97 per share, missing the Zacks Consensus Estimate of $4.16 per share, and down from $4.10 per share a year ago, representing an earnings surprise of -4.57% [1] - Over the last four quarters, Farmer Mac has surpassed consensus EPS estimates just once, while it posted revenues of $101.26 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 9.10% compared to $84.95 million a year ago [2] - The stock has underperformed the market with a loss of about 0.7% since the beginning of the year, while the S&P 500 has gained 4% [3] 分组2 - The company's earnings outlook is crucial for investors, including current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The estimate revisions trend for Farmer Mac is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] - Current consensus EPS estimate for the coming quarter is $4.09 on revenues of $95.05 million, and for the current fiscal year, it is $17.60 on revenues of $386.78 million [7] 分组3 - The outlook for the Financial - Mortgage & Related Services industry can significantly impact stock performance, with the industry currently in the bottom 45% of Zacks industries [8] - Another industry stock, loanDepot (LDI), is expected to report quarterly earnings of $0.01 per share, reflecting a year-over-year change of +106.3%, with revenues expected to be $310.4 million, up 35.8% from the previous year [9]
Farmer Mac Reports 2024 Results
Prnewswire· 2025-02-21 12:00
Core Insights - Farmer Mac announced a 7% increase in its quarterly dividend, raising it to $1.50 per share, marking the fourteenth consecutive year of dividend increases [5][10] - The company reported an outstanding business volume of $29.5 billion as of December 31, 2024, reflecting strong operational performance [1][22] - Farmer Mac's net interest income grew by 8% year-over-year to $353.9 million, while net income attributable to common stockholders increased to $180.4 million, up from $172.8 million in the previous year [10][24] Financial Performance - For the fiscal year ended December 31, 2024, net interest income was $353.9 million, an increase of 8% from $327.5 million in 2023 [10][24] - The diluted earnings per share (EPS) rose by 24% year-over-year to $4.63, compared to $3.73 in the same quarter of the previous year [10][24] - Core earnings for the year were reported at $171.6 million, or $15.64 per diluted common share, showing stability compared to the previous year [10][29] Business Strategy and Outlook - The company expressed optimism about its future, citing strong liquidity, capital levels, and effective risk management practices as key components of its strategy moving into 2025 [2][21] - Farmer Mac aims to enhance the economic framework supporting rural America, focusing on innovative and profitable operations [2][21] Dividend Information - The quarterly dividend of $1.50 per share will be payable on March 31, 2025, to shareholders of record as of March 14, 2025 [5][10] - The increase in dividends is supported by the company's earnings potential and overall capital position [5][10] Balance Sheet Highlights - As of December 31, 2024, total assets amounted to $31.3 billion, up from $29.5 billion in 2023, indicating growth in the company's financial position [22][23] - Total equity increased to $1.5 billion, reflecting a solid capital base for future operations [22][23]
Inside Information: Marimekko's Board of Directors proposes to the AGM that a regular dividend of EUR 0.40 per share and an extraordinary dividend of EUR 0.25 per share will be paid for 2024
GlobeNewswire News Room· 2025-02-19 05:50
Core Viewpoint - Marimekko Corporation's Board of Directors proposes a regular dividend of EUR 0.40 per share and an extraordinary dividend of EUR 0.25 per share for the financial year 2024, reflecting the company's strong financial position and strategy of profitable growth [1][2]. Financial Performance - In 2023, Marimekko's net sales reached EUR 174 million, with a comparable operating profit margin of 18.4 percent [3]. Dividend Proposal - The proposed dividend payout record date is set for 17 April 2025, with the payout date scheduled for 28 April 2025 [1]. - The Board believes that the extraordinary dividend is warranted due to the company's strong financial position and business model that does not require significant capital [2]. Company Overview - Marimekko is a Finnish lifestyle design company known for its original prints and colors, offering a diverse product portfolio that includes clothing, bags, accessories, and home décor items [3]. - The company operates approximately 170 stores globally and serves customers in 38 countries through its online store, with key markets in Northern Europe, the Asia-Pacific region, and North America [3]. - Marimekko employs around 470 people and is listed on Nasdaq Helsinki Ltd [3].
Fuerte Metals Announces AGM Results
Newsfile· 2025-02-19 01:20
Company Overview - Fuerte Metals Corporation is a well-funded resource company focused on the acquisition, exploration, and development of copper and precious metals projects in the Americas [2] Recent Developments - The annual general and special meeting of shareholders was held on February 18, 2025, in Vancouver, where shareholders voted in favor of all matters, including the election of directors and the appointment of auditors [1] - The company is conducting a 21,000-metre drilling campaign at its Cristina precious metals project in Chihuahua, Mexico, aiming to significantly expand the existing mineral resource estimate with a focus on underground mining [2] - In Chile, the Placeton/Caballo Muerto project contains several untested porphyry copper targets located between major copper-gold deposits [2]