AGM Group Holdings Inc
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Financials : Capital Markets | Small Cap Growth
Based in Hong Kong
Company profile

AGM Group Holdings Inc. is a financial technology company and financial solutions provider. The Company mainly provides brokers and institutional clients with trading platform solutions and technologies. The Company operates mainly through three businesses, including online trading and computer support service business, which provides online trading platform application and computer program technical support and solution services; forex trading brokerage business, as well as program trading application technology and management service business. The Company operates its businesses in both the United Stated and global markets.

Closing Price
$1.61
Day's Change
-0.01 (-0.62%)
Bid
--
Ask
--
B/A Size
--
Day's High
1.68
Day's Low
1.59
Volume
(Heavy Day)
Volume:
34,117

10-day average volume:
8,118
34,117

Truist Foundation grants $5 million to First Step Staffing to aid in paving a path out of poverty and homelessness

9:00 am ET July 21, 2022 (PR Newswire) Print

Partnership will contribute to the expansion of First Step Staffing to new markets, providing job solutions to end homelessness across the U.S.

Truist Foundation announced today it has awarded a $5 million grant to First Step Staffing, the largest nonprofit employment agency in the country dedicated to providing economic opportunity and a path to self-sufficiency for individuals with barriers to employment, including those who are experiencing or recently experienced homelessness. The grant will help First Step establish two new branch locations across the U.S. and pilot an enhanced client services program featuring client assessments, housing placement with financial assistance, and additional upskill training opportunities.

"Generating career pathways is an essential step in creating systemic change to help address homelessness in the U.S.," said Lynette Bell, president of Truist Foundation. "Individuals who experience homelessness have countless barriers to overcome to earn reliable income and afford a home. We are honored to work with First Step Staffing as it expands its footprint across the country and restores economic opportunity for all."

Currently, First Step has branches in Atlanta, Ga.; Nashville, Tenn.; Orlando, Fla.; Philadelphia, Pa.; Fontana, Calif.; and Paramount, Calif. that offer one-on-one meetings with job coaches where clients discuss their work history, living situations, and other obstacles to employment. Following this meeting, clients are matched to a job within 72 hours, and First Step provides transportation to and from work.

"First Step Staffing believes that individuals, regardless of color or personal background, deserve the dignity of work and opportunity for economic mobility," said Amelia Nickerson, CEO at First Step Staffing. "Homelessness and poverty in the U.S. are increasing, and most individuals living in these situations have little opportunity to change their story. Housing is one part of the solution. Income is the other. First Step Staffing is proud to have partnered with Truist Foundation to expand our footprint and provide more paths out of homelessness."

In 2021, First Step provided more than 77,000 rides to and from work and helped more than 8,000 individuals get a job, helping its client base earn $57.1 million in paid wages. This comprehensive support system from First Step and Truist Foundation aims to empower individuals with employment and allow First Step's clients to become active members of the community.

About Truist Foundation

The Truist Foundation is committed to Truist Financial Corporation's (NYSE: TFC) purpose to inspire and build better lives and communities. Established in 2020, the foundation makes strategic investments in nonprofit organizations to help ensure the communities it serves have more opportunities for a better quality of life. The Truist Foundation's grants and activities focus on building career pathways to economic mobility and strengthening small businesses. Learn more at Truist.com/Purpose/Truist-Foundation.

About First Step Staffing

First Step Staffing is an employment social enterprise that aims to open the door to economic opportunity for men and women who face barriers to employment. First Step provides immediate employment, transportation to and from work and connection to critical supports, especially housing. The goal is to help men and women take the First Step out of poverty and homelessness, into self-sufficiency. First Step is based in Atlanta, GA and has offices in Philadelphia PA, Los Angeles CA, San Bernardino CA, Orlando FL, and Nashville TN.

https://c212.net/c/img/favicon.png?sn=CL22706&sd=2022-07-21

View original content:https://www.prnewswire.com/news-releases/truist-foundation-grants-5-million-to-first-step-staffing-to-aid-in-paving-a-path-out-of-poverty-and-homelessness-301590815.html

SOURCE Truist Financial Corporation

https://rt.prnewswire.com/rt.gif?NewsItemId=CL22706&Transmission_Id=202207210900PR_NEWS_USPR_____CL22706&DateId=20220721

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