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Nasdaq approves blockchain ASIC chip development company AGM Group's request to continue listing

According to online reports, AGM Group, a blockchain ASIC chip research and development company, announced that it has received a NASDAQ compliance letter informing it that it has met the bid price requirements under 5550(a)(2) of the NASDAQ Listing Rules, and therefore approved its request to continue listing on the NASDAQ Capital Market. AGM Group previously received a delisting notice from Nasdaq in April this year, and AGM Group subsequently filed an appeal.

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