NEW YORK, Dec. 15, 2021 /PRNewswire/ -- Ortoli Rosenstadt
LLP, a New York full-service international law firm,
today announced that it represented AGM Group Holdings Inc.
(Nasdaq: AGMH) ("AGM Group"), an integrated technology company
focusing on providing fintech software services and producing
high-performance hardware and computing equipment, in a registered
direct offering of 2,898,552 Class A ordinary shares of AGM Group
and a concurrent private offering of warrants to purchase up to
1,449,276 Class A ordinary shares of AGM Group. The gross proceeds
of the offerings were approximately $20
million.
The Class A ordinary shares described above (but not the
warrants or the Class A ordinary shares underlying the warrants)
were offered pursuant to a shelf registration statement on Form F-3
(File No.: 333-236897) which was initially filed with the U.S.
Securities and Exchange Commission on March
5, 2020, and declared effective on May 28, 2020. The warrants being offered in
the concurrent private placement, along with the underlying Class A
ordinary shares, have not been registered under the Securities Act
of 1933, as amended (the "Securities Act") and were offered and
sold pursuant to an exemption from the registration requirements of
Section 5 of the Securities Act contained in Section 4(a)(2)
thereof and/or Regulation D promulgated thereunder.
"As a firm, we would like to congratulate AGM Group for its
registered direct offering," commented Partner William Rosenstadt.
"We are proud to represent them and look forward to assisting them
with any future endeavors."
The Ortoli Rosenstadt LLP team included Partners William
Rosenstadt and Jason Ye, Counsel
Yarona Yieh, and Associates Grace
Bai and Zhenling Zhang.
About Ortoli Rosenstadt LLP
Founded in 2006, Ortoli
Rosenstadt LLP is a New York-based
law firm representing global clients. With its attorneys' abilities
to speak nine different languages, the firm provides cutting-edge,
solution-oriented legal advice to its clients in a wide variety of
practice areas, including corporate & securities, mergers and
acquisitions, real estate, global mobility and employment,
intellectual property, and litigation.
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SOURCE Ortoli Rosenstadt LLP