Market News / Story
Rui Zhang Takes Control at AGM Group Holdings with 81.48% Stake
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Rui Zhang, through his wholly owned Vastway Technology Co., Ltd., acquired 17,446,471 Class A shares of AGM Group Holdings Inc., representing 81.48% of the Class A stock. The purchase closed on Oct. 5, 2026, and the Schedule 13D was filed on Oct. 6, 2026. The deal makes Zhang the controlling shareholder of the company’s Class A shares and coincided with immediate board changes. Investor Intent Zhang secured governance influence as AGM nominated two new directors and…