AGM Group Holdings Inc. filed a Form 6-K on October 29, 2026, reporting the results of a shareholder meeting held virtually on October 28, 2026, at which shareholders approved the repurchase of 1,200,000 Class B ordinary shares from CEO Bo Zhu for an aggregate purchase price of US$8,000,000.

Key Highlights

  • Share repurchase approved: Shareholders voted to approve the repurchase of 1,200,000 Class B ordinary shares, par value US$0.05 per share, held by Mr. Bo Zhu, for an aggregate purchase price of US$8,000,000 (approximately US$6.67 per share).
  • Shares to be cancelled: According to the filing, the repurchased shares are to be cancelled upon completion of the repurchase.
  • Quorum represented 82.32% of voting power: Holders representing an aggregate of 23,960,150 votes, or approximately 82.32% of total voting power, were present or represented by proxy.
  • Vote on repurchase resolution: The repurchase proposal received 23,561,878 votes FOR, 388,708 AGAINST, and 9,564 ABSTAIN.
  • Record date was October 15, 2026: Approximately 77.73% of Class A Ordinary Shares and 100% of Class B Ordinary Shares outstanding as of that date were present or represented.
  • Directors and officers authorized: A second resolution authorizing directors or officers to take all actions necessary to give effect to the repurchase was also approved, receiving 23,660,642 votes FOR.

AGM Group Shareholders Vote on Class B Share Repurchase and Related Authorization

AGM Group Holdings Inc. (NASDAQ:AGMH) disclosed via a Form 6-K that it held a virtual shareholder meeting on October 28, 2026, at 9:00 a.m. Eastern Time. According to the filing, holders of 17,960,150 Class A ordinary shares and 1,200,000 Class B ordinary shares were present virtually or by proxy, constituting a quorum representing approximately 82.32% of total voting power. Each Class A Ordinary Share carries one vote, while each Class B Ordinary Share carries five votes, with both classes voting together as a single class.

The primary resolution put before shareholders was the repurchase by the Company of 1,200,000 Class B ordinary shares, par value US$0.05 per share, held by Mr. Bo Zhu, for an aggregate purchase price of US$8,000,000, equivalent to approximately US$6.67 per share. The filing states the related Share Repurchase Agreement was included in the approval, along with the cancellation of the repurchased shares upon completion. The resolution passed with 23,561,878 votes FOR, 388,708 AGAINST, and 9,564 ABSTAIN.

A second resolution authorizing each director or officer to take any and all actions necessary, appropriate, or desirable to give effect to the repurchase resolution was also presented and approved, with 23,660,642 votes FOR, 288,919 AGAINST, and 10,589 ABSTAIN, according to the filing. The Form 6-K was signed by Bo Zhu in his capacity as Chief Executive Officer and Director on October 29, 2026.

What Was Disclosed

AGM Group Holdings Inc. reported the shareholder voting results from its October 28, 2026 meeting, confirming approval of a US$8,000,000 repurchase of 1,200,000 Class B ordinary shares from CEO Bo Zhu, including cancellation of those shares and authorization for directors and officers to implement the transaction.