# EDGAR Filing Document

**Accession Number:** 0001705402
**File Stem:** 0001213900-25-050798
**Filing Date:** 2025-6
**Character Count:** 70114
**Document Hash:** 874829a0f178e6e3581f52b45f409b1d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-050798.hdr.sgml**: 20250603

**ACCESSION NUMBER**: 0001213900-25-050798

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250603

**FILED AS OF DATE**: 20250603

**DATE AS OF CHANGE**: 20250603

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AGM GROUP HOLDINGS, INC.
- **CENTRAL INDEX KEY:** 0001705402
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 000000000
- **STATE OF INCORPORATION:** D8
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38309
- **FILM NUMBER:** 251019675

**BUSINESS ADDRESS:**
- **STREET 1:** ROOM 1502-3 15/F., CONNUAGHT COMMERCIAL
- **STREET 2:** BUILDING, 185 WANCHAI ROAD
- **CITY:** WANCHAI
- **STATE:** K3
- **ZIP:** 00000
- **BUSINESS PHONE:** 86 010 65020507

**MAIL ADDRESS:**
- **STREET 1:** ROOM 1502-3 15/F., CONNUAGHT COMMERCIAL
- **STREET 2:** BUILDING, 185 WANCHAI ROAD
- **CITY:** WANCHAI
- **STATE:** K3
- **ZIP:** 00000

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AGM GROUP HOLDING, INC.
- **DATE OF NAME CHANGE:** 20170501

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**Form 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16**

**UNDER THE SECURITIES EXCHANGE ACT OF 1934**

For the month of June 2025

Commission File Number: 001-38309

**<u>AGM GROUP HOLDINGS INC.</u>**

(Translation of registrant's name into English)

c/o Creative Consultants (Hong Kong) Limited

Room 1502-3 15/F., Connaught Commercial Building, 185 Wanchai Road

Wanchai, Hong Kong

+852 975-02047 – telephone

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

**Share Consolidation**

On June 3, 2025, AGM Group Holdings Inc. (the "Company") issued a press release announcing the completion of a 50-for-1 consolidation of its ordinary shares (the "Consolidation"), which is filed as Exhibit 99.1 to this Form 6-K and is incorporated by reference herein. The Company's ordinary shares began trading on a post-Consolidation basis at market open on June 3, 2025.

The Second Amended and Restated Memorandum and Articles of Association reflecting this change became effective at market close on June 2, 2025, which is furnished as Exhibit 3.1 to this Form 6-K and is incorporated by reference herein.

**Exhibit Index**

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| **3.1** | [Second Amended and Restated Memorandum and Articles of Association of AGM Group Holdings Inc.](ea024445401ex3-1_agmgroup.htm) |
| **99.1** | [Press Release Dated June 3, 2025](ea024445401ex99-1_agmgroup.htm) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
| Date: June 3, 2025 | **AGM GROUP HOLDINGS INC.** | **AGM GROUP HOLDINGS INC.** |
|  | By: | */s/ Bo Zhu* |
|  | Name: | Bo Zhu |
|  | Title: | Chief Executive Officer |

---

## Exhibit 3.1

**Exhibit 3.1**

**BVI BC No.: 1871545**

**TERRITORY OF THE BRITISH VIRGIN ISLANDS**

**THE BVI BUSINESS COMPANIES ACT, 2004**

**(the "Act")**

**A COMPANY LIMITED BY SHARES**

**SECOND AMENDED AND RESTATED**

**MEMORANDUM AND ARTICLES**

**OF ASSOCIATION**

**OF**

**AGM Group Holdings Inc.**

Incorporated the 27th day of April, 2015

Amended and restated the 2<sup>nd</sup> day of June, 2025

**OVERSEAS MANAGEMENT COMPANY**

**TRUST (B.V.I.) LTD.**

**OMC Chambers**

**Wickhams Cay 1**

**Road Town, Tortola**

**British Virgin Islands**

**TERRITORY OF THE BRITISH VIRGIN ISLANDS**

**THE BVI BUSINESS COMPANIES ACT 2004 (the "Act")**

**SECOND AMENDED AND RESTATED**

**MEMORANDUM OF ASSOCIATION**

**OF**

**AGM Group Holdings Inc.**

**A COMPANY LIMITED BY SHARES**

**1.** **NAME** 

The name of the Company is AGM Group Holdings Inc.

**2.** **TYPE OF COMPANY** 

The Company is a company limited by shares.

**3.** **REGISTERED OFFICE** 

The first Registered Office of the Company is located at OMC Chambers, Wickhams Cay 1, Road Town, Tortola, British Virgin Islands.

**4.** **REGISTERED AGENT** 

The first Registered Agent of the Company is **OVERSEAS MANAGEMENT COMPANY TRUST (B.V.I.) LTD.**

**5.** **CAPACITY AND POWERS** 

Subject to Clause 6 below, the objects for which the Company is established are unrestricted and the Company shall have full power and authority to carry out any object not prohibited by the BVI Business Companies Act, 2004 or as the same may be revised from time to time or any other law of the British Virgin Islands.

**6.** **LIMITATIONS ON THE COMPANY'S BUSINESS** 

For the purposes of section 9(4) of the Act, the business and activities of the company are limited to those business and activities which are not prohibited from engaging in under any law for the time being in force in the British Virgin Islands.

**7.** **NUMBER AND CLASSES OF SHARES** 

The Company is authorized to issue a maximum of 8,000,000 shares with a par value of USD 0.05 each, comprising i) 4,000,000 shares of Class A Ordinary Shares, par value USD 0.05 per share and ii) 4,000,000 shares of Class B Ordinary Shares, par value USD 0.05 per share.

**8.** **CURRENCY** 

The shares in the Company shall be issued in the currency of the United States of America.

**9.** **FRACTIONAL SHARES** 

The Company may issue fractional shares. A fractional share shall have the corresponding fractional liabilities, limitations, preferences, privileges, qualifications, restrictions, rights and other attributes of a whole share of the same class and series.

**10.** **DESIGNATIONS, POWERS AND PREFERENCES OF CLASS A ORDINARY SHARES** 

Each Class A Ordinary Share in the Company confers upon the shareholder:

&nbsp;&nbsp;&nbsp;&nbsp;(a) the right to one vote at a meeting of the shareholders of the
Company or on any resolution of shareholders;

&nbsp;&nbsp;&nbsp;&nbsp;(b) the right to an equal share in any dividend paid by the Company;
and

&nbsp;&nbsp;&nbsp;&nbsp;(c) the right to an equal share in the distribution of the surplus
assets of the Company on its liquidation.

The directors may at their discretion by resolution of directors redeem, purchase or otherwise acquire all or any of the shares in the Company subject to Regulation 3 of the Articles.

**11.** **DESIGNATIONS, POWERS AND PREFERENCES OF CLASS B ORDINARY SHARES** 

Each Class B Ordinary Share in the Company confers upon the shareholder the right to five votes at a meeting of the shareholders of the Company or on any resolution of shareholders.

Each Class B Ordinary Share may not be sold, assigned, transferred, alienated, commuted, anticipated, or otherwise disposed of (including by will or the laws of descent and distribution), or pledged or hypothecated as collateral for a loan or as security for the performance of any obligation, or be otherwise encumbered, and are not subject to attachment, garnishment, execution or other legal or equitable process, and any attempt to do so shall be null and void.

Each Class B Ordinary Share shall only be issued to Company's or its subsidiaries' employees or those entities of which its principal shareholder is an employee of the Company or its subsidiaries. Shareholder's termination of employment with the Company or its subsidiaries shall immediately result in the cancellation of any and all issued and outstanding shares of Class B Ordinary Shares held by such shareholder on the date of termination.

Sale, assignment, transfer, alienation, or otherwise disposition of any Class A Ordinary Share by common shareholder of Class B Ordinary Shares shall immediately result in the cancellation of equal number of shares of Class B Ordinary Share on the date of such disposition.

Shareholder(s) of Class B Ordinary Share in the Company shall not:

&nbsp;&nbsp;&nbsp;&nbsp;(a) receive the right to any dividend paid by the Company;

&nbsp;&nbsp;&nbsp;&nbsp;(b) receive the right to any distribution of the surplus assets
of the Company on its liquidation.

The directors may at their discretion by resolution of directors redeem, purchase or otherwise acquire all or any of the Class B Ordinary Shares in the Company subject to Regulation 3 of the Articles.

**12.** **VARIATION OF RIGHTS** 

The rights attached to shares as specified in Clauses 10 and 11 above may only, whether or not the Company is being wound up, be varied with the consent in writing of or by a resolution passed at a meeting by the holders of more than 50 per cent of the issued shares of that class.

**13.** **RIGHTS NOT VARIED BY THE ISSUE OF SHARES PARI PASSU** 

The rights conferred upon the holders of the shares of any class issued with preferred or other rights shall not, unless otherwise expressly provided by the terms of issue of the shares of that class, be deemed to be varied by the creation or issue of further shares ranking pari passu therewith.

**14.** **REGISTERED SHARES** 

&nbsp;&nbsp;&nbsp;&nbsp;14.1. The Company shall issue registered shares only.

&nbsp;&nbsp;&nbsp;&nbsp;14.2. The Company is not authorised to issue bearer shares, convert
registered shares to bearer shares or exchange registered shares for bearer shares.

**15.** **AMENDMENT OF MEMORANDUM AND ARTICLES** 

Subject to Clause 12, the Company may amend its Memorandum or Articles by a resolution of shareholders or by a resolution of directors, save that no amendment may be made by a resolution of directors:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) to restrict the rights or powers of the shareholders to amend
the Memorandum or Articles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) to change the percentage of shareholders required to pass a
resolution of shareholders to amend the Memorandum or Articles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) in circumstances where the Memorandum or Articles cannot be
amended by the shareholders; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) to Clauses 10, 11, 12, 13 or this Clause 15.

**16.** **DEFINITIONS** 

Words used in this Memorandum and not defined herein shall have the meanings set out in the Articles.

We, **OVERSEAS MANAGEMENT COMPANY TRUST (B.V.I.) LTD.,** of OMC Chambers, Wickhams Cay 1, Road Town, Tortola, British Virgin Islands, for the purpose of incorporating a BVI Business Company under the laws of the British Virgin Islands hereby sign this Memorandum of Association the 27th day of April, 2015:

Incorporator

<u>Sgd. Sandra Vasquez</u>

Sandra Vasquez

Authorised Signatory

**OVERSEAS MANAGEMENT COMPANY TRUST (B.V.I.) LTD.**

**TERRITORY OF THE BRITISH VIRGIN ISLANDS**

**THE BVI BUSINESS COMPANIES ACT 2004 (the "Act")**

**SECOND AMENDED AND RESTATED ARTICLES OF ASSOCIATION**

**OF**

**AGM Group Holdings Inc.**

**A COMPANY LIMITED BY SHARES**

**1.** **INTERPRETATION** 

References in these Second Amended and Restated Articles of Association ("Articles") to the Act shall mean the BVI Business Companies Act, 2004 (No. 16 of 2004) and any modification, extension, re-enactment or renewal thereof, any amendments thereto and the BVI Business Companies Regulations, 2012 and any other regulations made thereunder. The following Articles shall constitute the Articles of the Company. In these Articles, words and expressions defined in the Act shall have the same meanings and, unless otherwise required by the context, whenever the singular or plural number, or the masculine, feminine or neuter gender is used in these Articles, it shall equally, where the context admits, include the others.

"Person" means an individual, a corporation, a trust, the estate of a deceased individual, a partnership, an unincorporated association or any legal entity capable of having a legal existence.

**2.** **SHARES** 

2.1. Every shareholder is entitled to a certificate signed by a director
of the Company or under the seal specifying the number of shares held by him and the signature of the director and the seal may be facsimiles.

2.2. Any shareholder receiving a certificate shall indemnify and
hold the Company and its directors and officers harmless from any loss or liability which it or they may incur by reason of any wrongful
or fraudulent use or representation made by any person by virtue of the possession thereof. If a share certificate is worn out or lost
it may be renewed on production of the worn out certificate or on satisfactory proof of its loss together with such indemnity as may
be required by a resolution of directors.

2.3. If several persons are registered as joint holders of any shares,
any one of such persons may give an effectual receipt for any distribution.

2.4. Shares and other securities may be issued at such times, to
such persons, for such consideration and on such terms as the directors may by resolution of directors determine.

2.5. Without prejudice to the generality of the foregoing, the pre-emption
rights set out in Section 46 of the Act shall not apply to the Company.

2.6. The Company may issue convertible shares, bonus shares, partly
paid shares and nil paid shares.

2.7. A share may be issued for consideration in any form, including
money, a promissory note, or other written obligation to contribute money or property, real property, personal property (including goodwill
and know-how), services rendered or a contract for future services.

2.8. Shares may be issued for such amount of consideration as the
directors may from time to time by resolution of directors determine, except that in the case of shares issued with a par value, the
consideration paid or payable shall not be less than the par value.

2.9. Before issuing shares for a consideration other than money,
the directors shall pass a resolution stating:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the amount to be credited for the issue of the shares;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) their determination of the reasonable present cash value of
the non-money consideration for the issue; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) that, in their opinion, the present cash value of the non-money
consideration for the issue is not less than the amount to be credited for the issue of the shares.

2.10. The Company shall keep a register of members containing:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the names and addresses of the persons who hold shares;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the number of each class and series of shares held by each shareholder;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the date on which the name of each shareholder was entered in
the register of members; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) the date on which any person ceased to be a shareholder.

2.11. The register of members may be in such form as the directors
may approve, but if it is in magnetic, electronic or other data storage form, the Company must be able to produce legible evidence of
its contents. Until the directors otherwise determine, the magnetic, electronic or other data storage form shall be the original register
of members.

2.12. A share is deemed to be issued when the name of the shareholder
is entered in the register of members.

**3.** **REDEMPTION OF SHARES AND TREASURY SHARES** 

3.1. The Company may purchase, redeem or otherwise acquire and hold
its own shares save that the Company may not purchase, redeem or otherwise acquire its own shares without the consent of shareholders whose shares are to be purchased,
redeemed or otherwise acquired unless the Company is permitted by the Act or any other provision in the Memorandum or Articles to purchase,
redeem or otherwise acquire the shares without their consent.

3.2. The Company may only offer to acquire shares if at the relevant
time the directors determine by resolution of directors that immediately after the acquisition the value of the Company's assets will
exceed its liabilities and the Company will be able to pay its debts as they fall due.

3.3. Subject to the provisions of the Act, the Company may make an
offer to purchase, redeem or otherwise acquire its own shares from one or more or all of the shareholders:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) in accordance with Sections 60, 61 and 62 of the Act, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) in accordance with a right of a shareholder to have his shares
redeemed or to have his shares exchanged for money or other property of the Company; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) in exchange for newly issued shares of equal value; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) pursuant to the provisions of Section 179 of the Act.

3.4. Shares may only be held as treasury shares where, when aggregated
with the number of shares of the same class already held by the Company as treasury shares, the total number of treasury shares does
not exceed 50% of the shares of that class previously issued by the Company, excluding those shares that have been cancelled.

3.5. All rights and obligations attaching to a treasury share are
suspended and shall not be exercised by or against the Company while it holds the share as a treasury share.

3.6. Treasury shares may be disposed of by the Company on such
terms and conditions (not otherwise inconsistent with the Memorandum and Articles) as the Company may by resolution of directors determine.

3.7. Where shares are held by another body corporate of which
the Company holds, directly or indirectly, shares having more than 50 per cent of the votes in the election of directors of the other
body corporate, all rights and obligations attaching to the shares held by the other body corporate are suspended and shall not be exercised
by the other body corporate.

**4.** **MORTGAGES AND CHARGES OF SHARES** 

4.1. Shareholders may mortgage or charge their shares in the Company
and upon satisfactory evidence thereof the Company shall give effect to the terms of any valid mortgage or charge except in so far as
it may conflict with any requirements herein contained for consent to the transfer of shares.

4.2. In the case of the mortgage or charge of registered shares
there may be entered in the register of members of the Company:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) a statement that the shares are mortgaged or charged;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the name of the mortgagee or chargee; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the date on which the particulars specified in the preceding
subparagraphs (a) and (b) are entered in the register of members.

4.3. Where particulars of a mortgage or charge are entered in
the register of members, such particulars may be cancelled:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) with the written consent of the named mortgagee or chargee
or anyone authorised to act on his behalf; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) upon evidence satisfactory to the directors of the discharge
of the liability secured by the mortgage or charge and the issue of such indemnities as the directors shall consider necessary or desirable.

4.4. Whilst particulars of a mortgage or charge over shares are
entered in the register of members pursuant to this Regulation:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) no transfer of any share the subject of those particulars
shall be effected;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Company may not purchase, redeem or otherwise acquire
any such share; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) no replacement certificate
shall be issued in respect of such shares, without the written consent of the named mortgagee or chargee.

4.5. The directors may not resolve to refuse or delay the transfer
of a share pursuant to the enforcement of a valid security interest created over the share.

**5.** **FORFEITURE** 

5.1. Shares that are not fully paid on issue are subject to the
forfeiture provisions set forth in this Regulation and for this purpose shares issued for a promissory note, or other written obligation
to contribute money or property, or a contract for future services are deemed to be not fully paid.

5.2. A written notice of call specifying the date for payment to
be made shall be served on the shareholder who defaults in making payment in respect of the shares.

5.3. The written notice of call referred to in Sub-Regulation 5.2
shall name a further date not earlier than the expiration of 14 days from the date of service of the notice on or before which the payment
required by the notice is to be made and shall contain a statement that in the event of non-payment at or before the time named in the notice the shares, or any of them, in respect of which payment
is not made will be liable to be forfeited.

5.4. Where a written notice of call has been issued pursuant to
Sub-Regulation 5.3 and the requirements of the notice have not been complied with, the directors may, at any time before tender of payment,
forfeit and cancel the shares to which the notice relates.

5.5. The Company is under no obligation to refund any moneys to
the shareholder whose shares have been cancelled pursuant to Sub-Regulation 5.4 and that shareholder shall be discharged from any further
obligation to the Company.

**6.** **TRANSFER OF SHARES** 

6.1. Shares may be transferred by a written instrument of transfer
signed by the transferor and containing the name and address of the transferee, which shall be sent to the Company at the office of its
registered agent for registration. In the case of the transfer of a share that imposes a liability to the Company on the transferee,
the instrument of transfer shall also be signed by the transferee.

6.2. The Company shall, on receipt of an instrument of transfer
complying with the above Sub-Regulation 6.1, enter the name of the transferee of a share in the register of members unless the directors
resolve to refuse or delay the registration of the transfer for reasons that shall be specified in a resolution of directors.

6.3. The directors may not resolve to refuse or delay the transfer
of a share unless the shareholder has failed to pay an amount due in respect of the share.

6.4. The transfer of a share is effective when the name of the
transferee is entered on the register of members.

6.5. If the directors of the Company are satisfied that an instrument
of transfer relating to shares has been signed but that the instrument has been lost or destroyed, they may resolve by resolution of
directors:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) to accept such evidence of the transfer of shares as they
consider appropriate; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) that the transferee's name should be entered in the register
of members notwithstanding the absence of the instrument of transfer.

6.6. Subject to the Memorandum, the personal representative of
a deceased shareholder may transfer a share even though the personal representative is not a shareholder at the time of the transfer.

**7.** **MEETINGS OF MEMBERS** 

7.1. Any director of the Company may convene meetings of the members
at such times and in such manner and places within or outside the British Virgin Islands as the director considers necessary or desirable.

7.2. Upon the written request of shareholders entitled to exercise
30% or more of the voting rights in respect of the matter for which the meeting is requested, the directors shall convene a meeting of
shareholders within 28 days of receiving the written request. In the event that the directors fail to convene a meeting of shareholders
within 28 days, then:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) any one director;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the company secretary; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the shareholder who issued the written request, or where there
is more than one, any one of those shareholders, may convene a meeting of shareholders, and the provisions of these Articles with regard to convening a meeting of shareholders shall apply, construing references to the directors as
references to the party convening the meeting.

7.3. A member may be represented at a meeting of members by a
proxy who may speak and vote on behalf of the member.

7.4. The instrument appointing a proxy shall be produced at the
place designated for the meeting before the time for holding the meeting at which the person named in such instrument proposes to vote.
The notice of the meeting may specify an alternative or additional place or time at which the proxy shall be presented.

7.5. The instrument appointing a proxy shall be in substantially
the following form or such other form as the chairman of the meeting shall accept as properly evidencing the wishes of the member appointing
the proxy.

[Name of Company]

I/We being a member of the above Company HEREBY APPOINT __________________ of __________________ or falling him ___________________ of ____________________ to be my/our proxy to vote for me/us at the meeting of members to be held on the ______ day of _______________, 20 ___ and at any adjournment thereof.

(Any restrictions on voting to be inserted here.)

Signed this ____ day of ____________________, 20 ____

____________ Member

7.6. The following applies where shares are jointly owned:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) if two or more persons hold shares jointly each of them may
be present in person or by proxy at a meeting of members and may speak as a member;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if only one of the joint owners is present in person or by
proxy he may vote on behalf of all joint owners; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) if two or more of the joint owners are present in person or
by proxy they must vote as one.

7.7. A member shall be deemed to be present at a meeting of members
if he participates by telephone or other electronic means and all members participating in the meeting are able to hear each other.

**8.** **NOTICE OF MEETINGS OF MEMBERS** 

8.1. The director convening a meeting shall give not less than
seven days notice of a meeting of members to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) those members whose names on the date the notice is given
appear as members in the register of members of the Company and are entitled to vote at the meeting; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the other directors.

8.2. Notwithstanding Sub-Regulation 8.1, a meeting of members
held in contravention of the requirement to give notice is valid if members holding at least 90 per cent of the total voting rights on
all the matters to be considered at the meeting have waived notice of the meeting and, for this purpose, the presence of a member at
the meeting shall constitute waiver in relation to all the shares which that member holds.

8.3. The inadvertent failure of a director who convenes a meeting
to give notice of a meeting to a member or another director, or the fact that a member or another director has not received notice, does
not invalidate the meeting.

8.4. The director convening a meeting of members may fix as the
record date for determining those members that are entitled to vote at the meeting the date notice is given of the meeting or such other
date as may be specified in the notice, being a date not earlier than the date of the notice.

**9.** **QUORUM FOR MEETINGS OF MEMBERS** 

9.1. The quorum for a meeting of members is duly constituted if,
at the commencement of the meeting, there are present in person or by proxy not less than 50 per cent of the votes of the shares or class
or series of shares entitled to vote on resolutions of members to be considered at the meeting. A quorum may comprise a single member
or proxy and then such person may pass a resolution of members and a certificate signed by such person accompanied where such person
be a proxy by a copy of the proxy instrument shall constitute a valid resolution of members.

9.2. If within two hours from the time appointed for the meeting
a quorum is not present, the meeting, if convened upon the requisition of members, shall be dissolved; in any other case it shall stand
adjourned to the next business day in the jurisdiction in which the meeting was to have been held at the same time and place or to such
other time and place as the directors may determine, and if at the adjourned meeting there are present within one hour from the time
appointed for the meeting in person or by proxy not less than one third of the votes of the shares or each class or series of shares
entitled to vote on the matters to be considered by the meeting, those present shall constitute a quorum but otherwise the meeting shall
be dissolved.

**10.** **PROCEEDINGS OF MEETINGS OF MEMBERS** 

10.1. At any meeting of the members the chairman is responsible for deciding in such manner as he
 considers appropriate whether any resolution proposed has been carried or not and the result of his decision shall be announced to
 the meeting and recorded in the minutes of the meeting. If the chairman has any doubt as to the outcome of the vote on a proposed
 resolution, he shall cause a poll to be taken of all votes cast upon such resolution. If the chairman fails to take a poll then any
 member present in person or by proxy who disputes the announcement by the chairman of the result of any vote may immediately
 following such announcement demand that a poll be taken and the chairman shall cause a poll to be taken. If a poll is taken at any
 meeting, the result shall be announced to the meeting and recorded in the minutes of the meeting.

10.2. At every meeting of members, the chairman of the board shall
preside as chairman of the meeting. If there is no chairman of the board or if the chairman of the board is not present at the meeting,
the members present shall choose one of their numbers to be the chairman. If the members are unable to choose a chairman for any reason,
then the person representing the greatest number of voting shares present in person or by proxy at the meeting shall preside as chairman
failing which the oldest individual member or representative of a member present shall take the chair.

10.3. The chairman may, with the consent of the meeting, adjourn
any meeting from time to time, and from place to place, but no business shall be transacted at any adjourned meeting other than the business left unfinished at
the meeting from which the adjournment took place.

10.4. Any person other than an individual which is a member of
the Company may by resolution of its directors or other governing body authorise such individual as it thinks fit to act as its representative
at any meeting of members or of any class of members, and the individual so authorised shall be entitled to exercise the same rights
on behalf of the person which he represents as that person could exercise if it were an individual.

10.5. The chairman of any meeting at which a vote is cast by proxy
or on behalf of any person other than an individual may call for a notarial certified copy of such proxy or authority which shall be
produced within 7 days of being so requested or the votes cast by such proxy or on behalf of such person shall be disregarded.

10.6. Directors of the Company may attend and speak at any meeting
of members and at any separate meeting of the holders of any class or series of shares.

10.7. An action that may be taken by the members at a meeting may
also be taken by a resolution of members consented to in writing, without the need for any notice, but if any resolution of members is
adopted otherwise than by the unanimous written consent of all members, a copy of such resolution shall forthwith be sent to all members
not consenting to such resolution. The consent may be in the form of counterparts, each counterpart being signed by one or more members.
If the consent is in one or more counterparts, and the counterparts bear different dates, then the resolution shall take effect on the
earliest date upon which persons holding a sufficient number of votes of shares to constitute a resolution of members have consented
to the resolution by signed counterparts.

10.8. If the Company shall have only one member the provisions
herein contained for meetings of the members shall not apply and in lieu of minutes of a meeting shall record in writing and sign a note
or memorandum of all matters requiring a resolution of members. Such a note or memorandum shall constitute sufficient evidence
of such resolution for all purposes.

**11.** **DIRECTORS** 

11.1. Subject to any subsequent amendment to change the number
of directors, the minimum number of directors shall be one.

11.2. No person shall be appointed as a director of the Company,
an alternate director or nominated as a reserve director, unless he has consented in writing to act as a director, an alternate director
or to be nominated as a reserve director.

11.3. The first directors of the Company shall be appointed by
the first registered agent within six months of the incorporation date of the Company; and thereafter, the directors shall be elected
by resolution of members or by resolution of directors for such term as the members or directors determine. If, before the Company has
any members, the sole director or all of the directors appointed by the first registered agent, resign or die, or in the case of a director
that is not an individual, ceases to exist, the first registered agent may appoint one or more further persons as directors of the Company.

11.4. Each director holds office for the term, if any, fixed by the
resolution of members or resolution of directors appointing him, or until his earlier death, resignation or removal. If no term is fixed
on the appointment of a director, the director serves indefinitely until his earlier death, resignation or removal.

11.5. A vacancy in the board of directors may be filled by a resolution
of members or a resolution passed by the majority of the remaining directors.

11.6. A vacancy in relation to directors occurs if a director dies
or otherwise ceases to hold office prior to the expiration of his term of office.

11.7. A director may be removed from office by a resolution of members
or by resolution of directors. A resolution passed under this Regulation may only be passed at a meeting called for the purpose of removing
the director or for purposes including the removal of the director or by a written resolution passed by at least seventy-five percent
(75%) of the votes of the members or directors of the Company entitled to vote.

11.8. A director may resign his office by giving written notice of
his resignation to the Company and the resignation has effect from the date the notice is received by the Company at the office of its
registered agent or from such later date as may be specified in the notice. A director shall resign forthwith as a director if he is,
or becomes, disqualified from acting as a director under the Act.

11.9. The Company shall keep a register of directors containing:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the names and addresses of the persons who are directors of
the Company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the date on which each person whose name is entered in the register
was appointed as a director of the Company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the date on which each person named as a director ceased to
be a director of the Company; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) such other information as may be prescribed by the Act.

11.10. The register of directors may be kept in any such form as the
directors may approve, but if it is in magnetic, electronic or other data storage form, the Company must be able to produce legible evidence
of its contents. Until the directors otherwise determine, the magnetic, electronic or other data storage shall be the original register
of directors.

11.11. The directors may, by a resolution of directors, fix the emoluments
of directors with respect to services to be rendered in any capacity to the Company.

11.12. A director is not required to hold a share as a qualification
to office.

**12.** **POWERS OF DIRECTORS** 

12.1. The business and affairs of the Company shall be managed by,
or under the direction or supervision of, the directors of the Company. The directors of the Company have all the powers necessary for
managing, and for directing and supervising, the business and affairs of the Company. The directors may pay all expenses incurred preliminary
to and in connection with the incorporation of the Company and may exercise all such powers of the Company as are not by the Act or by
the Memorandum or the Articles required to be exercised by the members.

12.2. Each director shall exercise his powers for a proper purpose
and shall not act or agree to the Company acting in a manner that contravenes the Memorandum, the Articles or the Act. Each director,
in exercising his powers or performing his duties, shall act honestly and in good faith in what the director believes to be the best
interests of the Company.

12.3. If the Company is the wholly owned subsidiary of a holding company,
a director of the Company may, when exercising powers or performing duties as a director, act in a manner which he believes is in the
best interests of the holding company even though it may not be in the best interests of the Company.

12.4. Any director which is a body corporate may appoint any individual
as its duly authorised representative for the purpose of representing it at meetings of the directors, with respect to the signing of
consents or otherwise.

12.5. The continuing directors may act notwithstanding any vacancy
in their body.

12.6. The directors may by resolution of directors exercise all the
powers of the Company to incur indebtedness, liabilities or obligations and to secure indebtedness, liabilities or obligations whether
of the Company or of any third party.

12.7. All cheques, promissory notes, drafts, bills of exchange and
other negotiable instruments and all receipts for moneys paid to the Company shall be signed, drawn, accepted, endorsed or otherwise
executed, as the case may be, in such manner as shall from time to time be determined by resolution of directors.

12.8. For the purposes of
 Section 175 (*Disposition of assets*) of the Act, the directors may by resolution of
 directors determine that any sale, transfer, lease, exchange or other disposition is in the
 usual or regular course of the business carried on by the Company and such determination
 is, in the absence of fraud, conclusive.

12.9. The directors may from time to time and at any time by an instrument
in writing appoint any person, firm or corporate body whether appointed directly or indirectly as its attorney either generally or in
relation to a specific matter.

12.10. An act of an attorney appointed under Sub-Regulation 12.9 in
accordance with the instrument under which the attorney was appointed binds the Company.

12.11. An instrument appointing an attorney under Sub-Regulation 12.9
may either be executed as a deed or signed by a person acting under the express or implied authority of the Company.

**13.** **PROCEEDINGS OF DIRECTORS** 

13.1. Any one director of the Company may call a meeting of the directors
by sending a written notice to each other director.

13.2. The directors of the Company or any committee thereof may meet
at such times and in such manner and places within or outside the British Virgin Islands as the directors may determine to be necessary
or desirable.

13.3. A director is deemed to be present at a meeting of directors
if he participates by telephone or other electronic means and all directors participating in the meeting are able to hear each other.

13.4. A director shall be given not less than 3 days' notice of meetings
of directors, but a meeting of directors held without 3 days' notice having been given to all directors shall be valid if all the directors
entitled to vote at the meeting waive notice of the meeting, and for this purpose the presence of a director at a meeting shall constitute
waiver by that director. The inadvertent failure to give notice of a meeting to a director, or the fact that a director has not received
the notice, does not invalidate the meeting.

13.5. A director of the Company may appoint any other director or
any other person, not disqualified from an appointment as a director, as his alternate to exercise the appointing director's powers and
carry out the appointing director's responsibilities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) An alternate director has the same rights as the appointing
director in relation to any director's meeting and any written resolution circulated for written consent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Subject to the Act and Regulation 17, an alternate director
is liable for his own acts and omission as an alternate director whilst acting in that capacity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The appointment and termination of an alternate director must
be in writing and written notice of the appointment and termination must be given by the appointing director to the Company as soon as
reasonably practicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) The appointing director may, at any time, voluntarily terminate
the alternate director's appointment which shall take effect from the time when the written notice of this termination is given to the
Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) The rights of an alternate director shall terminate upon the
death of the appointing director, otherwise ceases to hold office.

13.6. A meeting of directors is duly constituted for all purposes
if at the commencement of the meeting there are present in person or by alternate not less than one-half of the total number of directors,
unless there are only 2 directors in which case the quorum is 2.

13.7. If the Company has only one director the provisions herein contained for meetings of directors do
 not apply and such sole director has full power to represent and act for the Company in all matters as are not by the Act, the
 Memorandum or the Articles required to be exercised by the shareholders. In lieu of minutes of a meeting the sole director shall
 record in writing and sign a note or memorandum of all matters requiring a resolution of directors. Such a note or memorandum
 constitutes sufficient evidence of such resolution for all purposes.

13.8. At meetings of directors at which the chairman of the board
is present, he shall preside as chairman of the meeting. If there is no chairman of the board or if the chairman of the board is not
present, the directors present shall choose one of their numbers to be chairman of the meeting.

13.9. An action that may be taken by the directors or a committee
of directors at a meeting may also be taken by a resolution of directors or a resolution of a committee of directors consented to in
writing or by telex, telegram, cable or other written electronic communication, without the need for any notice by a majority of the
directors or members of the committee of directors, but if any resolution is adopted otherwise than by the unanimous written consent
of all directors or all members of a committee of directors, a copy of such resolution shall forthwith be sent to all directors or all
members of a committee of directors not consenting to such resolution. The consent may be in the form of counterparts each counterpart
being signed by one or more directors. If the consent is in one or more counterparts, and the counterparts bear different dates, then
the resolution shall take effect on the date upon which sufficient number of directors to constitute a resolution of directors or a resolution
of a committee of directors has consented to the resolution by signed counterparts.

**14.** **COMMITTEES** 

14.1. The directors may, by resolution of directors, designate one
or more committees, each consisting of one or more directors, and delegate one or more of their powers, including the power to affix
the seal, to the committee.

14.2. The directors have no power to delegate to a committee of directors
any of the following powers:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) to amend the Memorandum or the Articles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) to change the registered office or agent;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) to designate committees of directors;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) to delegate powers to a committee of directors;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) to appoint or remove directors;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) to appoint or remove an agent;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) to fix emoluments of directors;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) to approve a plan of merger, consolidation or arrangement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) to make a declaration of solvency for the purposes of Section
198(1)(a) of the Act or to approve a liquidation plan;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) to make a determination under Section 57(1) of the Act that
the Company will, immediately after proposed distribution, a satisfy the solvency test; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) to authorize the Company to continue as a Company incorporated
under the laws of a jurisdiction outside the British Virgin Islands.

14.3. Sub-Regulation 14.2(c) and (d) do not prevent a committee of
directors, where authorised by the resolution of directors appointing such committee or by a subsequent resolution of directors, from
appointing a sub-committee and delegating powers exercisable by the committee to the sub-committee.

14.4. The meetings and proceedings
 of each committee of directors consisting of 2 or more directors shall be governed *mutatis mutandis* by the provisions of the Articles regulating the proceedings of directors so
 far as the same are not superseded by any provisions in the resolution of directors establishing
 the committee.

14.5. Where the directors delegate their powers to a committee of
directors they remain responsible for the exercise of that power by the committee, unless they believed on reasonable grounds at all
times before the exercise of the power that the committee would exercise the power in conformity with the duties imposed on directors
of the Company under the Act.

**15.** **OFFICERS AND AGENTS** 

15.1. The Company may by resolution of directors appoint officers
of the Company at such times as may be considered necessary or expedient. Such officers may consist of a chairman of the board of directors,
a president and one or more vice-presidents, secretaries and treasurers and such other officers as may from time to time be considered
necessary or expedient. Any number of offices may be held by the same person.

15.2. The officers shall perform such duties as are prescribed at
the time of their appointment subject to any modification in such duties as may be prescribed thereafter by resolution of directors.
In the absence of any specific prescription of duties it shall be the responsibility of the chairman of the board to preside at meetings
of directors and shareholders, the president to manage the day to day affairs of the Company, the vice-presidents to act in order of
seniority in the absence of the president but otherwise to perform such duties as may be delegated to them by the president, the secretaries
to maintain the register of members, minute books and records (other than financial records) of the Company and to ensure compliance
with all procedural requirements imposed on the Company by applicable law, and the treasurer to be responsible for the financial affairs
of the Company.

15.3. The emoluments of all officers shall be fixed by resolution
of directors.

15.4. The officers of the Company shall hold office until their successors
are duly appointed, but any officer elected or appointed by the directors may be removed at any time, with or without cause, by resolution
of directors. Any vacancy occurring in any office of the Company may be filled by resolution of directors.

15.5. The directors may, by a resolution of directors, appoint any
person, including a person who is a director, to be an agent of the Company. An agent of the Company shall have such powers and authority
of the directors, including the power and authority to affix the seal, as are set forth in the Articles or in the resolution of directors
appointing the agent, except that no agent has any power or authority with respect to the matters specified in Sub-Regulation 14.2. The
resolution of directors appointing an agent may authorise the agent to appoint one or more substitutes or delegates
to exercise some or all of the powers conferred on the agent by the Company. The directors may remove an agent appointed by the Company
and may revoke or vary a power conferred on him.

**16.** **CONFLICT OF INTERESTS** 

16.1. A director of the Company shall, forthwith after becoming aware
of the fact that he is interested in a transaction entered into or to be entered into by the Company, disclose the interest to all other
directors of the Company.

16.2. For the purposes of Sub-Regulation 16.1, a disclosure to all
other directors to the effect that a director is a member, director or officer of another named entity or has a fiduciary relationship
with respect to the entity or a named individual and is to be regarded as interested in any transaction which may, after the date of
the entry or disclosure, be entered into with that entity or individual, is a sufficient disclosure of interest in relation to that transaction.

16.3. A director of the Company who is interested in a transaction
entered into or to be entered into by the Company may:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) vote on a matter relating to the transaction;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) attend a meeting of directors at which a matter relating to
the transaction arises and be included among the directors present at the meeting for the purposes of a quorum; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) sign a document on behalf of the Company, or do any other thing
in his capacity as a director, that relates to the transaction, and, subject to compliance with the Act shall not, by reason of his office
be accountable to the Company for any benefit which he derives from such transaction and no such transaction shall be liable to be avoided
on the grounds of any such interest or benefit.

**17.** **INDEMNIFICATION** 

17.1. Subject to the limitations hereinafter provided the Company
shall indemnify against all expenses, including legal fees, and against all judgments, fines and amounts paid in settlement and reasonably
incurred in connection with legal, administrative or investigative proceedings any person who:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is or was a party or is threatened to be made a party to any
threatened, pending or completed proceedings, whether civil, criminal, administrative or investigative, by reason of the fact that the
person is or was a director of the Company; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) is or was, at the request of the Company, serving as a director
of, or in any other capacity is or was acting for, another body corporate or a partnership, joint venture, trust or other enterprise.

17.2. The indemnity in Sub-Regulation 17.1 only applies if the person
acted honestly and in good faith with a view to the best interests of the Company and, in the case of criminal proceedings, the person
had no reasonable cause to believe that their conduct was unlawful.

17.3. The decision of the directors as to whether the person acted
honestly and in good faith and with a view to the best interests of the Company and as to whether the person had no reasonable cause
to believe that his conduct was unlawful is, in the absence of fraud, sufficient for the purposes of the Articles, unless a question
of law is involved.

17.4. The termination of any
 proceedings by any judgment, order, settlement, conviction or the entering of a *nolle prosequi* does not, by itself, create a presumption that the person did not act honestly
 and in good faith and with a view to the best interests of the Company or that the person
 had reasonable cause to believe that his conduct was unlawful.

17.5. The Company may purchase and maintain insurance in relation
to any person who is or was a director, officer or liquidator of the Company, or who at the request of the Company is or was serving
as a director, officer or liquidator of, or in any other capacity is or was acting for, another body corporate or a partnership, joint
venture, trust or other enterprise, against any liability asserted against the person
and incurred by the person in that capacity, whether or not the Company has or would have had the power to indemnify the person against
the liability as provided in the Articles.

**18.** **RECORDS** 

18.1. The Company shall keep the following documents at the office
of its registered agent:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Memorandum and the Articles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the register of members, or a copy of the register of members;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the register of directors, or a copy of the register of directors;and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) copies of all notices and other documents filed by the Company
with the Registrar of Corporate Affairs in the previous ten (10) years.

18.2. If the Company maintains only a copy of the register of members
or a copy of the register of directors at the office of its registered agent, it shall:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) within 15 days of any change in either register, notify the
registered agent in writing of the change; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) provide the registered agent with a written record of the physical
address of the place or places at which the original register of members or the original register of directors is kept.

18.3. The Company shall keep the following records and underlying
documentation at the office of its registered agent or at such other place or places, within or outside the British Virgin Islands, as
the directors may determine:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) minutes of meetings and resolutions of members and classes of
members; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) minutes of meetings and resolutions of directors and committees
of directors.

18.4. The records and underlying documentation shall be retained for
a period of 5 years from the date of completion of the transaction to which the records and underlying documentation relate or from the
date that the Company terminates the business relationship to which the records and underlying documentation relate.

18.5. Where any original records and underlying documentation referred to in this Regulation are
 maintained other than at the office of the registered agent of the Company, the Company shall provide the registered agent with a
 written record of the physical address of the place or places at which the records and underlying documentation are kept.

18.6. Where the place at which the original records and underlying
documentation of the Company changes, the Company shall provide its registered agent with the physical address of the new location of
the records and underlying documentation within 14 days of the change of the location.

18.7. The records and underlying documentation of the Company referred
to in this Regulation shall be in such form as are sufficient to show and explain the Company's transactions and will, at any time, enable
the financial position of the Company to be determined with reasonable accuracy.

18.8. The records kept by the Company under this Regulation shall
be in written form or either wholly or partly as electronic records complying with the requirements of the Electronic Transactions Act
(No. 5 of 2001).

**19.** **SEAL** 

The Company shall have a common seal and the directors shall provide for the safe custody of the seal and for an imprint thereof to be kept at the office of the registered agent of the Company. Except as otherwise expressly provided herein, the seal when affixed to any written instrument shall be witnessed and attested to by the signature of any one director or other person so authorised from time to time by resolution of directors. Such authorisation may be before or after the seal is affixed, may be general or specific and may refer to any number of sealings. The directors may provide for a facsimile of the seal and of the signature of any director or authorised person which may be reproduced by printing or other means on any instrument and it shall have the same force and validity as if the seal had been affixed to such instrument and the same had been attested to as hereinbefore described.

**20.** **DISTRIBUTIONS** 

20.1. The directors of the Company may, by resolution of directors,
authorise a distribution by way of dividend at such time at such amount as they think fit if they are satisfied, on reasonable grounds,
that, immediately after the distribution, the value of the Company's assets will exceed its liabilities and the Company will be able
to pay its debts as they fall due.

20.2. Dividends may be paid in money, shares, or other property.

20.3. Notice of any dividend that may have been declared shall
be given to each shareholder as specified in Sub-Regulation 23.1 and all dividends unclaimed for 3 years after having been declared may be forfeited by resolution of directors for the benefit of the Company.

20.4. No dividend shall bear interest as against the Company and
no dividend shall be paid on treasury shares.

20.5. The directors may, before making any distributions, set aside
out of the profits of the Company such sum as they think proper as a reserve fund, and may invest the sum so set apart as a reserve fund
upon such securities as they may select.

20.6. The directors may determine in their sole discretion to issue
bonus shares from time to time.

20.7. A division of the issued and outstanding shares of a class
or series of shares into a larger number of shares of the same class or series having a proportionately smaller par value does not constitute
the issue of a bonus share.

**21.** **ACCOUNTS** 

21.1. The Company shall keep records that are sufficient to show
and explain the Company's transactions and that will, at any time, enable the financial position of the Company to be determined with
reasonable accuracy.

21.2. The Company may by resolution of shareholders call for the
directors to prepare periodically and make available a profit and loss account and a balance sheet. The profit and loss account and balance
sheet shall be drawn up so as to give respectively a true and fair view of the profit and loss of the Company for a financial period
and a true and fair view of the assets and liabilities of the Company as at the end of a financial period.

**22.** **AUDIT** 

22.1. The Company may by resolution of shareholders call for the
accounts to be examined by auditors.

22.2. The first auditors shall be appointed by resolution of directors;
subsequent auditors shall be appointed by a resolution of shareholders.

22.3. The auditors may be shareholders, but no director or other
officer shall be eligible to be an auditor of the Company during their continuance in office.

22.4. The remuneration of the auditors of the Company:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) in the case of auditors appointed by the directors, may be
fixed by resolution of directors; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) subject to the foregoing, shall be fixed by resolution of
shareholders or in such manner as the Company may by resolution of shareholders determine.

22.5. The auditors shall examine each profit and loss account and
balance sheet required to be laid before a meeting of the shareholders or otherwise given to shareholders and shall state in a written
report whether or not:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) in their opinion the profit and loss account and balance
sheet give a true and fair view respectively of the profit and loss for the period covered by the accounts, and of the assets and liabilities
of the Company at the end of that period; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) all the information and explanations required by the auditors
have been obtained.

22.6. The report of the auditors shall be annexed to the accounts
and shall be read at the meeting of shareholders at which the accounts are laid before the Company or shall be otherwise given to the
shareholders.

22.7. Every auditor of the Company shall have a right of access
at all times to the books of account and vouchers of the Company, and shall be entitled to require from the directors and officers of
the Company such information and explanations as he thinks necessary for the performance of the duties of the auditors.

22.8. The auditors of the Company shall be entitled to receive
notice of, and to attend any meetings of shareholders at which the Company's profit and loss account and balance sheet are to be presented.

**23.** **NOTICES** 

23.1. Any notice, information or written statement to be given
by the Company to shareholders may be given by personal service or by mail addressed to each shareholder at the address shown in the
register of members.

23.2. Any summons, notice, order, document, process, information
or written statement to be served on the Company may be served by leaving it, or by sending it by registered mail addressed to the Company,
at its registered office, or by leaving it with, or by sending it by registered mail to, the registered agent of the Company.

23.3. Service of any summons, notice, order, document, process,
information or written statement to be served on the Company may be proved by showing that the summons, notice, order, document, process,
information or written statement was delivered to the registered office or the registered agent of the Compary or that it was mailed
in such time as to admit to its being delivered to the registered office or the registered agent of the Company in the normal course
of delivery within the period prescribed for service and was correctly addressed and the postage was prepaid.

**24.** **VOLUNTARY WINDING UP AND DISSOLUTION** 

24.1. The Company may voluntarily commence to wind up and dissolve
if

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) it has no liabilities; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) is able to pay its debts as they fall due, by a resolution
of shareholders or if, the Company has never issued shares, by a resolution of directors.

24.2. The Company may by a resolution of shareholders or by a resolution
of directors appoint a voluntary liquidator.

24.3. Where a liquidator has been appointed by a resolution of
directors, the shareholders of a company may by a resolution of the shareholders appoint an eligible person, subject to the Act, as an
additional voluntary liquidator to act jointly with the voluntary liquidator appointed.

**25.** **CONTINUATION** 

The Company may by resolution of shareholders or by a resolution passed unanimously by all directors of the Company continue as a company incorporated under the laws of a jurisdiction outside the British Virgin Islands in the manner provided under those laws.

We, **OVERSEAS MANAGEMENT COMPANY TRUST (B.V.I.) LTD.,** of OMC Chambers, Wickhams Cay 1, Road Town, Tortola, British Virgin Islands, for the purpose of incorporating a BVI Business Company under the laws of the British Virgin Islands hereby sign these Articles of Association the 27th day of April, 2015:

---

| |
|:---|
| Incorporator |
| Sgd. Sandra Vasquez |
| Sandra Vasquez |
| Authorised Signatory |
| **OVERSEAS MANAGEMENT COMPANY TRUST (B.V.I.) LTD.** |

---

## Exhibit 99.1

**Exhibit 99.1**

**AGM Group Holdings Inc. Announces Completion of 50 for 1 Share Consolidation**

Beijing, June 3, 2025 (GLOBE NEWSWIRE) -- AGM Group Holdings Inc. ("AGM Holdings" or the "Company") (NASDAQ: AGMH), an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment, announced that on June 3, 2025 (the "Effective Date"), it completed the consolidation (the "Consolidation") of the ordinary shares of the Company (the "Shares") on the basis of 50 pre-Consolidation Shares for every one (1) post-Consolidation Share.

The Company's ordinary shares began trading on a post-Consolidation basis at market open on June 3, 2025.

As a result of the Consolidation, the Company's total issued and outstanding Class A ordinary shares have been reduced from 98,713,955 Class A ordinary shares with a par value of US$0.001 each to approximately 1,974,279 Class A ordinary shares with a par value of US$0.05 each. The Company's total issued and outstanding Class B ordinary shares have been reduced from 2,100,000 Class B ordinary shares with a par value of US$0.001 each to approximately 42,000 Class B ordinary shares with a par value of US$0.05 each.

As stated in the Company's press release announcing the Consolidation dated May 29, 2025, no fractional shares have been issued to any shareholders in connection with the Consolidation, and any fractional shares which resulted from the Consolidation have been rounded down to the next whole number and the Company has made a cash payment (without interest) to all the holders of Class A Ordinary Shares and Class B Ordinary Shares equal to such fraction multiplied by the average of the closing sales prices of the ordinary shares on Nasdaq during regular trading hours for the five consecutive trading days immediately preceding the first trading day of the Consolidation (with such average closing sales prices being adjusted to give effect to the Consolidation) subject to a de minimums. The Consolidation affected all shareholders uniformly and did not alter any shareholder's percentage interest in the Company's ordinary shares, except for adjustments that may result from the treatment of fractional shares.

Trading in the Class A ordinary shares continues on the Nasdaq Capital Market, under the same symbol "AGMH" but under a new CUSIP Number, G0132V121.

Registered shareholders who hold physical Share certificates will receive a letter of transmittal requesting that they forward pre-Consolidation Share certificates to the Company's transfer agent, VStock Transfer, LLC in exchange for new Share certificates representing Shares on a post-Consolidation basis. Shareholders who hold their Shares through a broker or other intermediary and do not have Shares registered in their own name will not be required to complete a letter of transmittal.

**About AGM Group Holdings Inc.**

AGM Group Holdings Inc. (NASDAQ: AGMH) is an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment. With a mission to become a key participant and contributor in the global blockchain ecosystem, AGMH focuses on the research and development of blockchain-oriented Application-Specific Integrated Circuit (ASIC) chips, the assembling and sales of high-end crypto miners for Bitcoin and other cryptocurrencies. For more information, please visit www.agmprime.com.

**Forward-Looking Statements**

*Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "approximates," "assesses," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission.*

 

For more information, please contact:

**AGM Group Holdings Inc.**<br> Email: ir@agmprime.com<br> Website: http://www.agmprime.com

**Ascent Investor Relations LLC**<br> Tina Xiao<br> President<br> Phone: +1-646-932-7242<br> Email: investors@ascent-ir.com