AGM Group shares surge 21.50% after hours after securing $25M equity line with 5-year warrant.

AGM Group Holdings Inc. surged 21.50% in after-hours trading following the announcement of a $25 million equity line of credit facility with an institutional investor. The 24-month agreement allows the company to issue shares for flexible funding, supported by a five-year warrant to purchase 608,777 shares at $2.4639. Proceeds will fund working capital, project development, and strategic initiatives, reinforcing financial flexibility. The news aligns with the stock’s upward movement, reflecting investor optimism about enhanced capital access for growth in crypto ASIC and high-performance computing sectors.