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🚀 South Korea Considers June 3 for Presidential Election

According to PANews, South Korea's acting President and Prime Minister Han Duck-soo has reached an agreement with Noh Tae-ak, the chairman of the National Election Commission, to designate June 3 as the date for an early presidential election. This decision is expected to be finalized during a regular cabinet meeting on April 8.

Reports from various South Korean media outlets indicate that the discussion between Han and Noh focused on holding a new presidential election within 60 days following the impeachment of Yoon Suk-yeol, which would be by June 3. Under South Korean law, a new presidential election must be conducted within 60 days of a presidential vacancy, and the acting president is required to announce the election date 50 days prior to the election.

Additionally, the National Election Commission's website states that the registration for preliminary presidential candidates began on April 4.


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🚀 AGM Group Announces Stock Consolidation Effective June 3

According to PANews, AGM Group, a Nasdaq-listed blockchain ASIC chip development company, has announced a stock consolidation set to take effect on June 3. The company plans to merge its shares at a ratio of 50-to-1, reducing the total number of Class A common shares from 98,713,955 to approximately 1,974,279, with each share valued at $0.05. Similarly, the total number of Class B common shares will decrease from 2,100,000 to about 42,000, maintaining the same per-share value.

Trading will commence on June 3 based on the consolidated share count, with the stock symbol remaining "AGMH." However, the CUSIP number will be updated to G0132V121. This move is part of AGM Group's strategic efforts to streamline its share structure and potentially enhance shareholder value.


#AGMGroup #StockConsolidation #Nasdaq #Blockchain #ASIC #Shares #ShareholderValue #June3