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Alpha Modus Holdings, Inc. CEO Affiliates To Exchange Preferred Stock for Common Stock, Demonstrating Confidence in Near Future Outlook

Provided By GlobeNewswire

Last update: Jun 2, 2025

CORNELIUS, N.C., June 02, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (NASDAQ: AMOD), a pioneer in AI-driven retail technology, today announced that CEO William Alessi’s affiliated family trusts have agreed to voluntarily exchange a substantial portion—3.2 million shares—of their Series C Preferred Stock into 26,079,868 shares of Class A Common Stock, and have agreed to lock-up those shares of common stock until June 13, 2026. This strategic move will significantly reduce the preferred equity stack, eliminate associated key stock price downside protections associated with the preferred stock being exchanged, and underscore growing optimism about the Company’s immediate future trajectory.

Read more at globenewswire.com

INSIGHT ACQUISITION CO -CW23

NASDAQ:AMODW (6/17/2025, 8:00:01 PM)

After market: 0.0875 0 (-1.91%)

0.0892

0 (-0.89%)


ALPHA MODUS HOLDINGS INC

NASDAQ:AMOD (6/18/2025, 5:50:15 PM)

After market: 1.1792 +0.02 (+1.66%)

1.16

-0.06 (-4.92%)



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